« Groupon Files for Discounted IPO | Main | Global Markets Cling to Hopes of European Bailout Plan »

News Corp CEO Rupert Murdoch to Face Shareholders

WILLIAM WEST/AFP/Getty Images(LOS ANGELES) -- News Corp. CEO Rupert Murdoch may be taking some heat from shareholders on Friday when they get together for the company's annual shareholders meeting in Los Angeles.

Criticism is expected over the phone hacking scandal in Britain that forced News Corp. to close its best selling tabloid, The News of the World.  It is alleged that the newspaper hacked the phones of more than 4,000 politicians, crime victims and celebrities in an effort to get juicy stories.

During Friday's meeting, shareholders will also have the chance to vote on the company’s board members, including Murdoch and his sons, James and Lachlan.

Copyright 2011 ABC News Radio

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

ABC News Radio