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Earshot news corporation of course the parent company of the Fox Business -- the stock is up thirteen cents right now 169 DH shareholders.
Are gonna meet -- less than an hour of the company.
And we -- to go to Ashley Webster who is outside of 20th Century Fox studios in Los Angeles.
And is covering the shareholder meeting is -- gonna be actually -- a large reading and look at a crowd of expecting to that.
War I mean it's going to be their annual general meeting Cheryl but I think there's going to be out around the contentious certainly for chairman and chief executive.
Rupert Murdoch of news called -- -- his son James and his other son.
-- will be here to it's been a lot of criticism of the company in the wake of the F phone hacking scandal in the United Kingdom.
-- which they have to face a parliamentary committee -- Rupert and James back in July.
That will be.
And certainly mentioned at today's.
General stockholders meeting there is suggestion that the Murdoch should step down from the board and out -- for more independent board of directors.
If you like now one of the people is going to be at the meeting today it's uncertain whether he'll get to speak or not but that's labor.
Member of parliament Tom Watson who was one of the lead question is back in July on the phone hacking scandal he'll be a at the stockholders meeting today.
And -- why is -- here to represent the AFL CIO.
On him on that behalf I want to make sure that their voices.
The best -- -- -- recognized by the bulls.
Yeah well I got a copy of the agenda here Cheryl we'll stop with the chairman's remarks will be hearing from Rupert Murdoch.
But at the very beginning of this meeting to begins at 10 AM.
On the West Coast 1 PM eastern -- be a -- -- order and then and election of directors the actual comment time comes towards the end of the meeting and as we're expecting some people to get up and have -- say about the company in the course of the company.
Musical it is a rebutted some of these criticism saying look we put in a strong performance this year and operating revenue is up 23%.
But it's clear.
That Rupert Murdoch is gonna -- some strong words again today off having to face that parliamentary committee.
Back in London in July locals will be covering it every step of the way the meeting worry about told could de las somewhere around an hour and a half but there's no set time but that's what we're expecting -- back to you.
It could go a little but longer and any idea what's gonna be -- to visit -- breakfast meeting a lunch meeting is are going to be coffee -- I would imagine a brunch going into if it goes on any longer they'll probably be bringing in -- but I don't think food is the most that.
An important issue for these folks is going to be a lot of interesting rhetoric coming out of it because we'll bring you that throughout the day.
I actually left to live for us out in Los Angeles covering me -- -- -- News Corp.
financially thank you very much.
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