Thursday, October 20, 2011
UPDATE: Occupy L.A. Targets News Corp. Meeting At Fox Studios
UPDATE, 9:59 P.M.: A British Member of Parliament scheduled to join News Corp. stockholders inside Fox’s Zanuck Theatre is expected to address protesters in front of the studio on Pico Boulevard before heading into the meeting, one of the organizers told Deadline late Thursday. Labor Party MP Tom Watson, a key figure in the Parliament’s investigation of the phone hacking scandal, has said he plans to present new allegations of other types of technological surveillance methods News Corp. has used in addition to phone hacking by representatives of the now-defunct News of the World. Holders of proxy shares — apart from institutional and other groups who plan to vote against Murdoch-allied board members — are also certain to have harsh questions for company execs. PREVIOUSLY, 7:31 P.M.: News Corp. shareholders arriving for their annual meeting Friday at the Fox lot on Pico Blvd. in West Los Angeles will encounter some uninvited greeters bearing unhappy tidings. Occupy Los Angeles, according to information posted on the Occupy Wall Street offshoot’s website, plans to protest “one-sided reporting, job cuts, phone-hacking, and bad governance.” Rupert Murdoch and other company leaders are expected to hear from a major pension funds and other stockholder groups disgruntled by the way members of the Murdoch family and their supporters on the board have handled the phone hacking scandal in the U.K. and other company activity. Those shareholders may be allowed to lodge their complaints but lack the clout or votes to remove any of the Murdochs or their supporters from the board. At least they’ll get inside the meeting. Occupy L.A. protesters are extremely unlikely to get beyond the front gate or anywhere on the lot, let alone near the studio’s Zanuck Theater where the meeting is being held. Studio security will be tighter than usual, and anyone without authorization won’t get beyond the gate. Efforts to reach protest organizers were unsuccessful.
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