Questions about two $1 million political donations to groups with ties to the Republican Party took over a good portion of the News Corp. annual shareholder meeting here Friday. Faced with criticism
that the donations had political motivations and no business benefits, chairman and CEO Rupert Murdoch said "a fair amount of change" in Washington was "in the interest of the country and all the
shareholders."
Sir Rod Eddington, News Corp.'s audit committee head who came under pressure ahead of Friday's meeting due to the donations, also told shareholders that the donations
decisions were made with shareholder interests in mind after input from executives and the general counsel. "I understand the concerns and the calls for transparency," he said. Asked if the company
will provide disclosures on political donations in the future, he said "that's something the board will consider."
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