4 ms·
I'd honestly rank Rupert Murdoch up there with the worst human beings who have ever lived. It may seem strange on the surface to rank him alongside the tyrants
by BoxOfRain 5y ago
I'd honestly rank Rupert Murdoch up there with the worst human beings who have ever lived. It may seem strange on the surface to rank him alongside the tyrants and warlords of human history, but history will condemn him utterly for building one of world's most powerful influence machines and using it to promote climate change denial on an unprecedented scale.
- ethbr0 5y agoYou'll love this then. From Fox Corp's proxy statement, to be presented at the upcoming annual meeting: https://www.sec.gov/Archives/edgar/data/1754301/000119312521276133/d181730ddef14a.htm#rom181730_42 https://www.sec.gov/Archives/edgar/data/1754301/000119312521... "PROPOSAL NO. 5: TRANSITION TO PUBLIC BENEFIT CORPORATION Shareholders request our Board of Directors take steps necessary to amend our certificate of incorporation and, if necessary, bylaws [...] to become a public benefit corporation [...]. Shareholders request that one of the public benefits included in the amendment be provision of the Company’s viewers with an accurate understanding of current events through the exercise of journalistic integrity [...]" I thought it was a pretty classy troll. Credit to Matt Levine for the pointer. And in all fairness, the insurgents do put a veneer of reasoning over why it would make sense: "The vast majority of our diversified shareholders lose when companies harm the economy, because the value of diversified portfolios rises and falls with GDP. While a concentrated holder may profit when the Company inflicts costs on society by emphasizing viewership over accuracy, diversified shareholders internalize those costs."
- BoxOfRain 5y agoOne has to admire the bare-faced cheek on display here!