Sky re-elects Murdoch’s son as chairman
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.