News Corp 2007 shareholder meeting

News Corp shareholders meeting
Adelaide, November 13, 2007

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Rupert Murdoch: Here's a familiar face. I thought I got rid of you in New York!

Stephen Mayne: It's been 3 long weeks since New York chairman.

Firstly I would like to thank you on behalf of all the Australian shareholders for continuing this tradition of coming out to Australia. I think there are about 25 registered shareholders in New York, so Adelaide is confirming its status as shareholder attendance capital of Australia, and we'll see you all here on November 28 for the BHP AGM.

Rupert Murdoch: for the which?

Stephen Mayne: BHP is coming here following your lead.

Rupert Murdoch: really? I thought they would go to Broken Hill.

Stephen Mayne: I was presenting a Walkley award last year live on television, and was assaulted by one of your drunken journalists Glenn Milne...

Rupert Murdoch: he hasn't had a drop since, I can assure you.

Stephen Mayne: I'm not going to storm the stage with my $65 physio bill from the sprained ankle that I suffered, but I have found the Australian management to be particularly belligerent in their approach to this incident. In firstly, not sacking Mr Milne, and then point blank even refusing to just doing a token gesture of paying my physio bill.

So I just reach up to the head office to the guru and say, would you pay my physio bill as a small signal that this was unacceptable conduct?

Rupert Murdoch: I was thinking of giving him a drink tonight as a matter of fact. I'm sorry that occasion, that happened. I think other apologies have been given in the past.

Stephen Mayne: Thank you.

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