News Corporation has announced Fox Networks Group’s Peter Rice has been promoted to chairman and CEO, as part of a restructure.
Rice has been working as chairman of entertainment at the TV company since 2010. He was president of Fox Searchlight before that, and was previously exec VP of production for Twentieth Century Fox.
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.
Other changes in the senior leadership team that oversees the firm’s media and entertainment properties include David Hill’s promotion to senior exec VP for News Corporation. He was previously chairman and CEO of Fox Sports.
David Haslingden, president and COO of Fox Networks Group, and Mike Hopkins, president of distribution at Fox Networks Group, both of whom previously reported to News Corp president and COO Chase Carey, will now report to Rice.
Randy Freer and Eric Shanks, co-presidents of Fox Sports Media Group, who previously reported to Hill, will now also report to Rice.
“I am honoured to work closely with the excellent executive team at Fox Networks Group to lead these businesses into their next phase and am grateful to Rupert, Chase and James for this amazing opportunity,” said Peter Rice.
“The talented artists, powerful brands, franchises and live events we have in place across our channels are unrivalled in the media business, and will serve as an invaluable foundation as we embark on another wave of incremental growth.”
Chase Carey added: “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.”
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