STOCKS TO BUY: We have identified several stocks that can potentially TRIPLE. Learn more!

News Corporation Elevates Peter Rice To Chairman And CEO Of Fox Networks Group

Stock quotes in this article: NWS, NWSA 

News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today announced a restructuring of the senior leadership team that oversees the Company’s media and entertainment properties. Peter Rice, who has served as Chairman of Entertainment for Fox Networks Group (FNG) since 2010, has been elevated to Chairman and CEO of FNG, where he will oversee all programming and operations for the group, which includes Fox Broadcasting Company, Fox Sports Media Group, FX, Fox International Channels and the National Geographic Channels.

David Hill, who has served as Chairman and CEO of Fox Sports since 1999, has been elevated to Senior Executive Vice President, News Corporation. In this new role Mr. Hill will focus on programming, digital initiatives and other opportunities spanning the breadth of the Company’s operating units across Latin America, Asia, Australia, Europe and the U.S. Mr. Hill will be based in Los Angeles.

In commenting on the promotions, Chase Carey, News Corporation President and COO said: “The contributions that Peter has made to News Corporation over the years are immeasurable. Peter has proven himself at both the Fox Entertainment Networks, and Fox Searchlight before, to be one of the most innovative and strategic leaders in the entertainment industry.”

David Haslingden, President and COO of FNG; and Mike Hopkins, President of Distribution for FNG, both of whom previously reported to Mr. Carey, will now report to Mr. Rice. Randy Freer and Eric Shanks, Co-Presidents of Fox Sports Media Group (FSMG), who previously reported to Mr. Hill, will also report to Mr. Rice. Kevin Reilly, President of Entertainment for Fox Broadcasting Company, and John Landgraf, President and GM of FX, will continue to report to Mr. Rice.

Mr. Carey continued: “David has proven himself to be one of the true visionaries in sports and entertainment across three continents during the last three decades and most recently has helped energize our National Geographic Channels. As we continue to grow our content brands across the world, David’s unique leadership and experience will be invaluable.”

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
TRY IT FREE
New! $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,112.19 -206.04 -1.35%
NASDAQ 3,443.20 -38.98 -1.12%
S&P 500 1,628.93 -22.88 -1.39%
US 10 Yr 2.311% +0.129

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs