News Corp. (NWS.N: Quote, Profile, Research) , the media group controlled by Rupert Murdoch, is to make corporate governance reforms to appease investors concerned about Murdoch's tight control, The Observer newspaper reported.
The proposals would force Murdoch to seek re-election to the board each year and ensure that the majority of directors were independent non-executives with no ties to the Murdoch family, the newspaper said.
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