The Highlights From Fox's Annual Meeting

The transcript discusses the highlights of an annual meeting, including the re-election of directors and a proposal by the Nathan Cummings Foundation to cancel Fox's dual class shares, which was rejected. Speculation about talks with Disney and the future of Fox was addressed, with management reiterating strong earnings and satisfaction with current assets. The potential sale of Fox's key assets, or 'crown jewels,' was also discussed, though most believe it unlikely without a high valuation.

What was the unusual proposal made by the Nathan Cummings Foundation at the 21st Century Fox annual meeting?

• To sell the company

• To appoint a new CEO

• To merge with Disney

• To cancel the dual class of shares

What were people anticipating regarding Fox's future during the meeting?

• A merger with Netflix

• A new streaming service

• Talks with Disney

• A change in leadership

What did Fox management emphasize about their recent earnings?

• They showed a decline in revenue

• They were below expectations

• They were not disclosed

• They were very strong

What is the general sentiment among investors about the potential sale of Fox's 'Crown jewels'?

• There is strong support

• It is highly likely

• There is skepticism

• It is already in progress

Under what condition might the Murdochs consider selling their 'Crown jewels'?

• If they receive a high valuation

• If the company faces bankruptcy

• If there is a change in leadership

• If they merge with another company