Yet we had at least one “FReeper” blandly insist that the larget single shareholder has absolutely NO input into any decisions Fox News may make. None what-so-ever. Zilch. Nada.
Check this out. Taiwanese video on the Wookie’s video. One poster on youtube suggested she was there to get the Middle Eastern billionaires to commit billions for the reelection in 2012.
http://www.youtube.com/watch?v=HAfdaDVBDto
All of TV is corrupt and they ALL support him and the regime.
Where is the evidence he has any input at all regarding day to day or even long term operations? can he make his wishes known? Sure he can but with a 7% share of the company I’m not sure his input has any real force behind it.
Control is determined by who holds the VOTING shares:
In August 2005 the Murdoch family owned only about 29% of the company. However, nearly all of these shares were voting shares, and Rupert Murdoch retained effective control of the company. Nonetheless, John Malone of Liberty Media had built up a large stake, with about half of the shares being voting shares. Therefore, in November 2006, News Corporation announced its intention to transfer its 38.5 per cent managing interest in DirecTV Group to John Malone’s Liberty Media; in return it bought back Liberty’s 16.3% shares in News Corp., giving Murdoch tighter control of the latter firm.[18] Murdoch sold 17.5 million class A shares in December 2007.[19]
http://en.wikipedia.org/wiki/News_Corporation