News Corp board expresses 'full confidence' in Rupert Murdoch

News Corporation board members have issued an "unanimous statement of support" for Rupert Murdoch, their embattled chief executive and chairman.

Rupert Murdoch: News Corp board backs their chief
Rupert Murdoch: News Corp board backs their chief

The 81-year-old media mogul, under fire from some politicians and rival media owners for News International's newspaper practices in the UK, received the vote of confidence from all directors convened on an impromptu telephone call last night.

The ensuing statement read: "The board of directors of News Corporation met today and announced its full confidence in Rupert Murdoch's fitness and support for his continuing to lead News Corporation into the future as its chairman and CEO. 

"The board based its vote of confidence on Rupert Murdoch's vision and leadership in building News Corporation, his ongoing performance as chairman and CEO, and his demonstrated resolve to address the mistakes of the company identified in the Select Committee's report." 

The support follows Murdoch being declared "not fit" to have "stewardship of a major international company", by a group of MPs sitting on a Parliamentary Select Committee on Tuesday (1 May).

The MPs inflammatory statement came amid an ongoing investigation by regulator Ofcom about whether satellite broadcaster BSkyB was "fit and proper" to hold a broadcasting licence due to News Corp’s 39% stake.

Its inclusion in the Select Committee report forced four Conservative members, out of a group of 10 MPs, to withdraw support for its findings.

Follow Arif Durrani on Twitter @DurraniMix

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

One in seven Brits using ad blockers online, say YouGov

One in seven Brits using ad blockers online, say YouGov

Around 15 per cent of Brits online are using ad blockers because they find the spots "interruptive or annoying," according to a report by YouGov.

Share
Watch: Clear Channel's William Eccleshare on outdoor innovation

Watch: Clear Channel's William Eccleshare on outdoor innovation

William Eccleshare, the chairman and chief executive officer of Clear Channel International, spoke to Maisie McCabe in Cannes last week about the most innovative market for outdoor advertising.

Share
The Independent halves annual losses to £4.6m

The Independent halves annual losses to £4.6m

The Independent has halved its trading loss in its last financial year, attributed to increased revenues generated by its digital operation and offshoot i, and cost-savings in production.

Share

Get news by email