UPDATE: Below the original post is a copy of Rupert Murdoch’s memo to staff at 21st Century Fox regarding today’s appointments. In it, he notes that the evolution of the company’s leadership, “underscores the considerable planning that both the Company and the Board have undertaken to ensure a …
Lachlan And James Murdoch Given Big New Roles At News Corp, 21st Century Fox; Fox Nets Group’s Peter Rice Extends Contract
A big step up for Randy Freer, who’s considered one of the most influential execs in TV sports. He’ll continue to oversee sports at Fox but with “a broad strategic and operational role across FNG” including Fox Broadcasting, reporting to FNG CEO Peter Rice, the company says. Freer seems to have a halo from the launch of Fox Sports 1 in August. Rice praised Freer’s “impressive skills as both an operator and builder of businesses” and said he’ll be “a key partner for me in overseeing and driving continued growth of our global channels business which spans nearly 400 channels in 200 countries.” Execs who’ll now report to Freer include Michael Biard, President of Distribution at Fox Networks; Toby Byrne, President of National Ad Sales at Fox Broadcasting Company, Fox Sports Media Group; Lou LaTorre, President of Advertising Sales at Fox Cable Entertainment Networks, Fox Hispanic Media Group; and Kyle Sherman, EVP Home Team Sports. FNG finance & business development, corporate communications, legal and human resources functions will report jointly to Rice and Freer.
Here’s the company’s release: