News Corporation annual meeting outcomes

News Corporation (ASX:NWS), a global media company, has announced the results of its annual stockholder meeting held on November 20, 2024. The meeting included the election of board directors, ratification of an accounting firm, and decisions on executive compensation.

Key takeaways from News Corporation meeting

During the recent annual meeting, News Corporation (ASX:NWS) stockholders voted on several key proposals. The election saw several directors, including Lachlan K. Murdoch and Robert J. Thomson, continue to serve on the board. Ernst & Young LLP was ratified as the company's independent registered public accounting firm for fiscal year ending June 30, 2025, ensuring continued financial oversight and transparency. Additionally, the executive compensation proposal was approved on an advisory basis, while a stockholder proposal to eliminate the dual-class capital structure was not passed. News Corporation, headquartered in New York, continues to operate across digital real estate services, subscription video services in Australia, news and information services, and book publishing, with strategic global presence in the United States, Australia, and the United Kingdom.

Executive insights on meeting results

The announcement of the annual meeting results has been authorized for release to the ASX by Michael L. Bunder, Senior Vice President, Deputy General Counsel, and Corporate Secretary.