That creates uncertainty, which represents a risk to shareholders, activist investor Starboard said in a September letter.
News Corp. insists that the super-voting stock has ensured stability.
We are pleased stockholders once again convincingly supported the company and the Board of Directors on all matters.
From left: James Murdoch, Elisabeth Murdoch, Rupert Murdoch and Lachlan Murdoch.Getty
But the company is by no means complacent.
