NEW YORK, NY, October 17, 2008 –
News Corporation today announced that at the 2008 Annual Meeting of
Stockholders its Class B common stockholders approved an amendment to the
Company’s Restated Certificate of Incorporation to eliminate the Company’s
classified board structure and to allow for the annual election of
directors.
The amendment to the Restated Certificate of Incorporation became effective
upon the Company’s filing of a Certificate of Amendment with the Secretary
of the State of Delaware following the annual meeting. Each of the directors
elected at today’s annual meeting will serve until the 2009 Annual Meeting
of Stockholders or until his or her successor is duly elected and qualified.
News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV) had total assets as of
June 30, 2008 of approximately US$62 billion and total annual revenues of
approximately US$33 billion. News Corporation is a diversified global media
company with operations in eight industry segments: filmed entertainment;
television; cable network programming; direct broadcast satellite
television; magazines and inserts; newspapers and information services; book
publishing; and other. The activities of News Corporation are conducted
principally in the United States, Continental Europe, the United Kingdom,
Australia, Asia and the Pacific Basin.
Contact:
Investor Relations: Reed Nolte 212-852-7092
Press: Teri Everett 212-852-7070