Sky re-elects Mur­doch’s son as chair­man

The Irish Times - Business - - MARKETS -

Sky chair­man James Mur­doch was re-elected with the nar­row back­ing of in­de­pen­dent share­hold­ers, over­com­ing op­po­si­tion from in­vestor groups that had raised con­cerns about his role amid a takeover bid from the Mur­doch fam­ily’s 21st Cen­tury Fox.

Mur­doch won 78 per cent sup­port, Sky said yes­ter­day af­ter the com­pany’s agm. Those votes in­cluded the about 40 per cent of Sky owned by Ru­pert Mur­doch’s Fox, where James is chief ex­ec­u­tive. The 44-year-old won about 51 per­cent of the in­de­pen­dent shares.

Sky said it made a strong start to its new year, with like-for-like rev­enue up 5 per cent and 160,000 new cus­tomers, up 51 per cent from a year ago, led by shows like Game of Thrones and home-grown Riviera. Premier League soc­cer view­ing is up as well.

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