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Four prominent news brands operate

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under two separate companies linked

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by one major voting shareholder.

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Fox Corporation owns Fox News and

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Fox Business.

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News Corp owns The Wall Street

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Journal through Dow Jones, and the

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New York Post.

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Their September twenty twenty-six

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proxies report L G C Holdco

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stakes of thirty-eight point seven

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six percent of Fox's Class B

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shares, and thirty-four point eight

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percent of News Corp's.

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The filings use different ownership

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reference dates.

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Class B generally carries one vote

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per share.

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Both companies warn that

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concentrated votes can help pass

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proposals L G C supports, impede

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those it opposes, and discourage

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takeover bids.

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Lachlan Murdoch can appoint and

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replace the director who decides

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how these shares are voted, with

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limited exceptions.

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His appointee has one of three

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votes on most other L G

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C decisions.

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The filings say Lachlan does not

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control L G C generally.

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A common shareholder links these

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news companies through concentrated

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voting power.

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The full ownership map and source

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filings are at Public Rot.