News Corp’s Bête Noire Watson Plans To Address Shareholder Meeting

The headline over the latest blog item on the always readable FollowTheMedia site caught my eye because it said Occupy News Corp.

It’s a good round-up of the current travails at Rupert Murdoch’s US company but it did not urge people to move uptown in New York from Wall Street to occupy News Corp.’s headquarters at 1211 Avenue of the Americas.

Anyway, all eyes tomorrow will be directed to Los Angeles, where News Corp.’s annual meeting is being held at Fox (NSDQ: NWS) Studios’ Zanuck theatre (it kicks off at 10am, Pacific time, which is 6pm in Britain).

One unwelcome guest will be Labour MP Tom Watson who is planning to speak after securing a proxy that will allow him to vote on behalf of a shareholder.

Before flying out yesterday, he told the Birmingham Post & Mail: “I want the institutional investors to be in no doubt about the wrongdoing that is taking place in the name of News Corp.

“There are motions to be discussed at the meeting about improving corporate governance and I want to see those approved.”


Sources: FollowTheMedia/Birmingham Post & Mail

This article originally appeared in MediaGuardian.