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Happens but it that we've got some breaking news we need ahead to actually Webster in Los Angeles actually.
Yes your body I can tell you that the annual shareholder meeting here in Los Angeles on the fox studio -- behind me has now concluded.
We expected a contentious meeting.
In the wake of the photo hacking scandal in the UK and -- -- perhaps Rupert Murdoch should step down as chairman and chief executive of the company and death that was a -- for an independent board.
However the big issue here is there reelection of the boat or a board of directors themselves the results of that vote will be known in a couple of -- As for mr.
Murdoch himself fees He said that He was -- that fox sort musical that it should be a principal company He went on to say that He is personally determined.
To write what ever wrong was committed with regard to that phone hacking scandal.
He -- come under fire a little bit especially from a Steven -- Who are represented the Australian shareholders association.
-- the -- saying to Rupert Murdoch it is time to take the government's high road.
He said is -- is a family run company went 87% of the stock.
Is owned by outside shareholders however it -- -- and the -- directors at today that has been a good if the musical.
Operating revenues they say is up 23%.
And they believe the current company structure should remain in place but again guys the results of the board of directors spoke will be known within the next couple of now technicals will we get -- -- Will be -- bring it to you immediately very good thank you very much Ashley Webster.
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