Tag Archives: Rupert Murdoch
News Corporation Hires Jonathan F. Miller To Oversee MySpace
News Corporation has announced that they have hired former CEO of AOL, Jonathan F. Miller to head the company’s digital media properties. This includes MySpace.com, the social network that News Corp. acquired for $580 million in cash.
This reorganization is taking place at News Corp. President Peter Chernin is stepping down. Miller will also oversee IGN Entertainment, Photobucket, Hulu, and Jamba.
“Our focus moving forward is twofold: to enable our digital businesses to flourish as individual entities and to bolster the digital strategies of our core media properties by treating them as central to, and not separate from, the enterprise,” stated News Corp. Chairman Rupert Murdoch. Miller had previously worked at Nickelodeon International and at NBA Entertainment.
Last summer, it was rumored that Jonathan Miller was the top choice for becoming the next CEO of Yahoo! before they chose Carol Bartz. However due to a non-compete agreement that Miller had with parent company of AOL, Time Warner, he was unable to be selected.
[via NYT]
Categories Jonathan Miller, MySpace, News Corp, News Corporation, Rupert Murdoch
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News Corp Launches Gossip Blog Daily Fill and Searches For Chernin Replacements
Daily Fill
News Corporation (NASDAQ:NWS) has a web incubator called Slingshot Labs. One of the results from the incubator is Daily Fill, a gossip and entertainment blog. In January alone, DailyFill had about 1.3 million unique visitors during the beta release. News Corp plans to use the DailyFill to compete with Time Warner’s TMZ and independent blogger Perez Hilton. The Daily Fill is covered with Photos, News, Celebrity Gossip, and blog posts. The DailyFill opened out of Beta a few days after Nick Denton’s Defamer blog was rolled into Gawker.com.
Chernin’s Departure
Recently Peter Chernin, head of News Corp’s Fox film stepped down after 12 years. This left Rupert Murdoch in a compromised position. Especially when Slumdog Millionaire walked away with 8 Oscars this past weekend. Slumdog was made by Fox Searchlight. Murdoch indicated before that he was interested in his children running the company one day. But there are many other contenders.
Below is a list of Murdoch’s direct reports:
1. CFO, David DeVoe
2. General Counsel, Lawrence Jacobs
3. Global Marketing/Corporate Affairs, Gary Ginsberg
4. Fox Film, Jim Gianopoulos and Tom Rothman
5. Fox News/Fox Business Channel/TV Stations, Roger Ailes
6. Fox Network/Entertainment Cable Networks/RSNs, Tony Vinciquerra
7. News Corp. Europe/Asia, James Murdoch
8. Myspace/FIM, Peter Levinsohn
9. News America Marketing/NY Post, Paul Carlucci
10. Dow Jones/Wall Street Journal, Les Hinton
11. Harper Collins, Brian Murray
12. News Limited, James Hartigan
13. Government Affairs, Michael Regan
14. Human Resources, Beryl Cook
15. Content, Anthea Disney
Who will fill in for Chernin, best known as being Murdoch’s number two? Maybe we’ll see a reality show on FOX to determine the next executive.
[via VentureBeat, BI]
Categories FOX, News Corp, News Corporation, Peter Chernin, Rupert Murdoch
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Rupert Murdoch Speaks Up About Yahoo!
Rupert Murdoch, Chairman of News Corporation (NYSE:NWS.A) spoke up on his stance about Yahoo! Inc. (NASDAQ:YHOO). Murdoch affirmed that his company is very unlikely going to partake with any activity on working with Microsoft to make a deal with Yahoo! Murdoch also said that he doubts that Microsoft will end up making a deal with Yahoo!
“There won’t be a deal. There are bad personal feelings,” stated Murdoch. “In six months, Microsoft will walk away.” Murdoch and Yahoo! CEO, Jerry Yang have a similar stance. There are bad feelings between Yahoo! and Microsoft.
“I think handing over the company to Carl Icahn for the express purpose of hoping he can negotiate a complex deal with Microsoft is a big mistake for shareholders,” stated Yang when talking to the WSJ. “This is particularly true since Icahn has no plan B and therefore will have no leverage and will be dealing with Microsoft from a position of weakness.”
“And then what will shareholders be left with? A weakened, Icahn-controlled Yahoo,” added Yang.
Earlier there were countless rumors going around that Microsoft is working with News Corp. and Time Warner to work out a deal with Yahoo! This news confirms that News Corp. is not interested.
Related Links:
1. Wired
2. AllThingsD
Categories Carl Icahn, Rupert Murdoch, Yahoo!
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