You don’t get to be a tycoon by going soft, and at this year’s shareholder meeting, Rupert Murdoch was defiant in the face of disgruntled investors.
Murdoch’s News Corp. has been under fire since one of the conglomerate’s least profitable businesses, newspapers, were outed for phone hacking.
Murdoch controls most of the voting shares of his empire, and was never in any real danger. The Guardian summarizes how he handled another year of disapproval from some of his financial backers:
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