James Murdoch's future as chairman of British Sky Broadcasting (BSY.L) was thrown into doubt on Monday after minority investors called for a corporate governance health check of its board. It is the latest action to weaken James' position and increased the likelihood that his executive role at News Corp (NWSA.O) could be in jeopardy. This could open the door for Chief Operating Officer Chase Carey to be the next chief executive of News Corp instead of James as many investors had been expecting. "We think they should review the composition of the BSkyB board and the influence exerted by those with ties to News Corp," one top 10 investor in the British satellite broadcaster told Reuters on condition of anonymity.
News Corporation is a diversified global media company. Shares of NWSA fell by 3.61% or $-0.565/share to $15.08. In the past year, the shares have traded as low as $11.91 and as high as $18.35. On average, 23266400 shares of NWSA exchange hands on a given day and today's volume is recorded at 54846920.
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