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rupert murdoch

April 19, 2012

Rupert Murdoch’s grip on News Corporation seemed to weaken on Wednesday, after a breach of US law forced the media conglomerate to suspend the voting shares of some of the 81-year-old’s biggest allies. 

Rupert Murdoch’s grip on News Corporation seemed to weaken on Wednesday, after a breach of US law forced the media conglomerate to suspend the voting shares of some of the 81-year-old’s biggest allies.

In a statement, News Corp said that in order to comply with foreign ownership rules relating to the US 1934 Communications Act, it was suspending 50% of the class B voting rights of its non-US investors.

April 4, 2012

Anyone who has ever said business is less interesting than sport has got to have his or her head tested. And if you add family business into the mix, then things get even zippier.

Anyone who has ever said business is less interesting than sport has got to have his or her head tested. And if you add family business into the mix, then things get even zippier.

In time to come, a movie will be made about the life of Rupert Murdoch and – even if it’s most unlikely Fox Searchlight will be the studio that makes it – it has the potential to follow Citizen Kane with which it has many fascinating parallels.

April 3, 2012

A powerful US investment body has called for Rupert Murdoch’s dual role as chairman and chief executive of family-controlled News Corporation to be split, in a bid to address the media conglomerate’s “lax ethical culture” and “lack of effective board oversight”.

A powerful US investment body has called for Rupert Murdoch’s dual role as chairman and chief executive of family-controlled News Corporation to be split, in a bid to address the media conglomerate’s “lax ethical culture” and “lack of effective board oversight”.

Christian Brothers Investment Services wants an independent chairman to be appointed to improve governance and represent “the interests of all shareholders”, not just the Murdoch family.

December 14, 2011

What isn’t there to like about Lego bricks? They’re small and colourful and can be assembled to form anything – from a giant Christmas tree to a monster truck. But a testament to the popularity of the toy, made by Danish family business Lego Group, was recently shown when fans recreated some of the important news stories of the year using these plastic bricks.

What isn’t there to like about Lego bricks? They’re small and colourful and can be assembled to form anything – from a giant Christmas tree to a monster truck. But a testament to the popularity of the toy, made by Danish family business Lego Group, was recently shown when fans recreated some of the important news stories of the year using these plastic bricks.

November 8, 2011

Small-scale businesses dominate Australia's family business sector, but the country was also the birthplace of some of the world's most famous family business names, such as Rupert Murdoch. CampdenFB takes a look at some of the leading Australian family businesses in an interactive graphic.

Small-scale businesses dominate Australia's family business sector, but the country was also the birthplace of some of the world's most famous family business names, such as Rupert Murdoch. However, unlike Europe and Asia, the country's family business history is relatively short. Lionel Samson & Sons, thought to be Australia's oldest continuing family business, is six generations old.

October 25, 2011

Class distinction extends to company ownership with families ensuring they are upper class. But what does this mean for corporate governance at family businesses? 

As one of the most successful football teams in the world, Manchester United is used to commanding headlines and courting the media. But when reports began emerging in August that the club would be floated on the Singapore stock exchange, no one at United was talking, not least the Glazers, the American family which bought the team in 2005.

October 12, 2011

News Corp has called on its shareholders to ignore recommendations from a number of advisory groups and instead vote in favour of its board and Rupert Murdoch’s bonus.

News Corp has called on its shareholders to ignore recommendations from a number of advisory groups and instead vote in favour of its board and Rupert Murdoch’s bonus.

In a filing to the Securities and Exchange Commission, the media conglomerate, which is controlled by the Murdoch family, said there has been a “disproportionate focus” on the phone-hacking scandal at the now defunct News of the World, adding that its board is “extremely strong”.

September 30, 2011

A big revolt by institutional investors against the current New Corporation board is likely, according to a shareholders advisory group, but the Murdoch family is still expected to retain its prominent position at the media conglomerate. 

A big revolt by institutional investors against the current New Corporation board is likely, according to a shareholders advisory group, but the Murdoch family is still expected to retain its prominent position at the media conglomerate.

August 12, 2011

Just 20 or 30 years ago, octogenarian family-business leaders were few and far between. Now, as life expectancy rises, an increasing number of business leaders are in their 80s and demographic trends will ensure this rises further in the future. But does it make good business sense?

Just 20 or 30 years ago, octogenarian family-business leaders were few and far between. Now, as life expectancy rises, an increasing number of business leaders are in their 80s and demographic trends will ensure this rises further in the future. But does it make good business sense?

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