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  "documentTitle": "News Corporation (NWSA)",
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  "authorName": "Jeffrey C. Smith",
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      "text": "Sincerely, Jeffrey C. Smith, Managing Member, Starboard Value",
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      "text": "Shareholders deserve better. We will be filing a proxy statement in the coming weeks with more details on the proposal. We look forward to continuing to engage with our fellow shareholders.",
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      "text": "Previous proposals to eliminate the dual-class structure were soundly supported by shareholders unaffiliated with the Murdoch family. In fact, nearly 90% of unaffiliated shareholders supported a previously submitted proposal, resulting in 49.5% of total votes being in favor of eliminating the dual-class share structure. Despite this clear message from unaffiliated shareholders, the Board failed to take action.",
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      "text": "Shareholders do have a choice and will have an opportunity to make their voices heard - there is a path to achieve majority support for this proposal. We believe majority support for this proposal will send a clear and direct message to the Board to eliminate the dual-class share structure. If the Board refuses to listen, we can then take further action.",
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