The news group controlled by the Murdoch family (NWSA.US) stated that shareholders voted against the non-binding motion proposed by the activist investor Starboard Value to eliminate the dual-class share structure. The company pointed out that the motion did not receive the necessary number of votes to pass. The Murdoch family controls more than 40% of the voting shares.

Last year, Starboard Value requested that the news group spin off its digital real estate division to unlock value.