m3n4.net
m3n4.net December 12, 2018


Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal

17 May 2018, 01:32 | Vera Richards

Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal

Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal

The elder Murdoch will serve as co-chairman. "The strengths of the new company, a leader in News, Sports and Entertainment, present truly unique opportunities", Lachlan Murdoch said.

The position of current 21st Century Fox CEO James Murdoch, younger brother of Lachlan Murdoch, is unclear.

John Nallen, the current company's CFO, will become COO of new Fox.

Iran turns to China as Europe tries to save nuclear deal
Add that trump intends to immediately impose sanctions against any foreign companies that will do business with Iran. Iran has claimed its nuclear program is for civilian purposes and denies supporting extremists in the region.

John Nallen, now Fox's chief financial officer, will take on the expanded role of chief operating officer, 21st Century Fox said in an emailed statement. They are all assets the company said it would keep after striking a $52 billion-deal late previous year with Disney for its major TV and film divisions, which include cable channels FX and National Geographic.

21st Century Fox has unveiled the executive structure of the proposed "New Fox" group in the U.S., which will be formed if a proposed buyout of its other assets by Disney goes ahead. Time Warner, CNN's parent company, also owns a 10% stake. Plus, Comcast recently said it wants to buy all of Sky for $31 billion. As expected, the new-model Fox Broadcasting Co. will emphasize live sports and events.

There was no mention of Lachlan's brother James Murdoch in the Wednesday morning memo. "I look forward to joining Lachlan as we begin to establish new Fox".

Marquez wins eventful Spanish Grand Prix
In the 9th lap Hondo's Marquez makes his move and takes the lead with Dovizioso moving ahead of Pedrosa to take third. Seven-time MotoGP champion Valentino Rossi finished fifth at the race.

In recent months, James has distanced himself from the politics espoused by his father and the company's flagship channel, Fox News. This was notable because his father speaks with Trump often.

Fox News separately confirmed on Wednesday that it has reached a settlement with a group of former employees who had filed lawsuits that included allegations of racial and gender discrimination. The deal also has Fox's share of Hulu going to Disney, which means the latter will have 60 percent of that digital VOD asset, and Disney also is supposed to get Fox's 39 percent share of Sky, the European TV giant.

The Wall Street Journal, owned by the Murdoch publishing company News Corp, has reported that he intends to set up a venture capital fund to invest in media and technology start-ups.

Real Madrid Manager Admits their Champions League Dominance is Not "Normal"
Still, Bayern could count themselves unlucky not to have been awarded a penalty and Real left-back Marcelo admitted as much afterwards.



Other News

Trending Now

Snapchat rolls out new app redesign for iOS
Stories can now be shared outside the app on the web, while the app also gained new text and mute options . Last week he said about the design, "A change this big to existing behaviour comes with some disruption".

Huddersfield boost survival hopes with goalless draw at Man City
They now stand with 94 points, needing two points to break Chelsea's point tally of 95 set in the 2004/2005 season. The visitors also carved out a couple of chances but were not able to shock their hosts with an unlikely win.

Kim Jong Un Secretly Met With Xi Jinping Again
The second summit between Kim and Xi came amid a flurry of top-level diplomacy over the North's nuclear weapons program. Chinese media confirmed that Kim had visited and met with Xi, according to Reuters' Josh Smith .

Army Chief Says Iranians had 'Misgivings' About Nuclear Deal from the Start
Trump announced Monday via tweet that he would speak on the deal, one he has called "one of the worst" deals in USA history. Other signatories to the agreement - the UK, France , China, Russia and Germany - say they remain committed to it.

Newport Police Department participates in National Police Week
Kramer, who served with the West Yellowstone Police Department in Montana, was killed October 22, 2006, in an automobile accident. May 15th is National Peace Officers Memorial Day, a time to remember those who have been killed in the line of duty.

Donald Trump Jr. Is Dating Fox News Host Kimberly Guilfoyle
Donald Trump Jr . and Kimberly Guilfoyle are seeing each other, the "Page Six " gossip section of the New York Post claims. The divorce is reportedly "uncontested", but now he's trying to find out how much money she has.

Federico Fernandez returns for Swansea City at Bournemouth
The position in which Bournemouth finished last season and the way they finished there would have left any Cherries fan overjoyed. In Swansea's first seven games under Carvalhal, they conceded six goals and faced 89 shots.

Thanos Wipes Out Box Office Competition as Avengers Dominates Week 2
However, the film lost out to Star Wars: The Force Awakens which grossed an wonderful $149 million in its second ever weekend. It just remains to be seen where Infinity War ends its run, and how many records it can break on the way there.

Latest Star Wars film 'Solo' gets early praise following world premiere
Favreau has a huge playground to explore, and we're bound to get a new cast of characters to follow when the series premieres. For more information about Nissan's relationship with Star Wars , be sure to visit the company's official website .

Stephen Colbert Had Strong Words About 'Javanka' at the Jerusalem Embassy Opening
"Today we dedicated the new US Embassy in Jerusalem - a longtime promise to the American and Israeli people.", she explained. There's a bunch of other people who live there, too.