Activist investor Starboard Value pushes for governance change at News Corp, targeting Murdoch family's voting power control.

Activist investor Starboard Value, a significant shareholder in News Corp, is challenging the Murdoch family's enduring control over the company, citing poor governance. The hedge fund plans to propose a resolution at the upcoming shareholders' meeting to eliminate the dual-class share structure that grants the family disproportionate voting power. Starboard aims to secure independent shareholder support for this change amid concerns over Rupert Murdoch's succession plan.