Media move.Media Move: John Malone's Liberty Media Corp. has increased his stake in News Corp. to about 18 percent, giving him the largest equity position in the company behind Rupert Rupert, 1352–1410, German king (1400–1410), elector palatine of the Rhine. He was elected German king after the deposition of Wenceslaus. Seeking the imperial crown, Rupert went to Italy. Murdoch, whose family owns about 30 percent of the voting shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. . Malone's move raised speculation about his motives, especially since he had not disclosed his intention to Murdoch in advance, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. several news reports. News Corp.'s interests include the Fox television network, the 20th Century Fox studio and DirecTV DirecTV (trademarked as "DIRECTV") is a direct broadcast satellite (DBS) service based in El Segundo, California, USA, that transmits digital satellite television and audio to households in the United States, the Caribbean and Latin America except for Mexico. . |
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