Chase Carey


Chase Carey in pole as Liberty completes F1 deal

Liberty Media has completed its US$8 billion takeover of Formula 1 and appointed Chase Carey as CEO, replacing long-standing F1 boss Bernie Ecclestone. After 40 years in charge of the sport, Ecclestone now becomes ‘chairman emeritus’ and will be available as “a source of advice” for the F1 board. Carey (pictured), who also serves as […]

Rupert Murdoch preps Fox exit

Rupert Murdoch is soon to step down as CEO of US-based media giant 21st Century Fox, according to sources from a report today. Murdoch will hand over the keys to the company to his son James, CNBC reported cited various unnamed sources close to the media mogul’s family. At 84 years of age, there has […]

Bewkes sidesteps Fox questions

Time Warner CEO Jeff Bewkes neatly sidestepped questions about why he walked away from a merger with 21st Century yesterday, while Rupert Murdoch has offered his opinions on the episode. In a conference call with investors, Bewkes declined to comment directly on the Fox proposal, “except to say that the board and our senior management […]

Walden, Newman confirmed as Fox bosses

21st Century Fox has confirmed its studio bosses Dana Walden and Gary Newman will also lead its Fox Broadcasting Company network division. The pair will later this month take up their new combined roles as co-CEOs and chairmen of Fox Television Group, which will sit within Peter Rice’s Fox Networks Group unit, as first reported […]

Fox studio chiefs set to take on network

20th Century Fox Television co-bosses Dana Walden and Gary Newman are to be handed control of the Fox broadcast network, according to US reports. The pair will succeed Kevin Reilly, and become the first executives to run both the network and production studio since Sandy Grushow a decade ago. US reports say an official announcement […]

James, Lachlan Murdoch land key Fox roles

Rupert Murdoch has handed his sons Lachlan and James key new roles within his entertainment media group 21st Century Fox. Lachlan Murdoch (left) has resigned from his role as chairman at Network Ten to become non-executive co-chairman of 21st Century Fox alongside his father, who is also CEO. He also takes the same role at […]

X Factor ratings, currency issues weigh on Fox results

Poor X Factor ratings, extra programming costs and currency issues in several international markets have weighed on 21st Century Fox’s latest results. Internationally, Fox said that weak currencies in some its emerging markets will impact the results at its channels unit and the company said it now anticipates an adverse impact of US$50-US$75 million more […]

21st Century Fox: Hulu can compete with Netflix

US on-demand service Hulu can be a viable alternative to OTT market leader Netflix, the president and COO of 21st Century Fox has claimed. The comments come after Fox Networks Group distribution president Mike Hopkins became Hulu’s new CEO last month and after a second failed attempt by its broadcaster parents to sell the business […]

Hulu parents scrap sale, inject $750m

Hulu’s US broadcaster owners have scrapped the sale of the streaming website for a second time and will instead recapitalise it, though reports say they remain in talks with Time Warner Cable over a 25% stake. The Walt Disney Company and 21st Century Fox on Friday revealed they had decided against selling Hulu to the […]

Fox realigns domestic syndie arm

21st Century Fox has moved to bring its syndication arm Twentieth Television under the umbrella of production wing Twentieth Century Fox Television. Greg Meidel will continue to head up Twentieth Television as president, but now reports into TCFTV c-chairmen Gary Newman and Dana Walden. He previously reported to Fox News CEO and chairman Robert Ailes, […]