News Corp TV business becomes Fox Group
December 4, 2012
News Corporation will be retained as the name of the global newspaper business while the film and TV businesses will form a separate company named Fox Group.
Rupert Murdoch told staff in an email: “Change always breeds uncertainty, but let me be very clear about one thing that is certain: We aren’t finished achieving what others deem impossible. Not even close.”
Chase Carey will be President and COO of Fox with Murdoch as CEO & Chair while Robert Thomson, a former Times editor, will lead News Corp.