James Murdoch survives shareholder revolt

James Murdoch won the necessary amount of votes to be re-elected at BSkyB’s annual general meeting yesterday, although several large shareholders in the company did not back Rupert Murdoch’s son.

James Murdoch won 81% of the votes and will remain in his position at the News Corp-backed UK pay TV company.

Stripping out the News Corp vote, about 45% of the remaining shareholders did not back Murdoch.