This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to colleagues, clients or customers, use the Reprints tool at the top of any article or visit: www.mbreprints.com.
News Corp. To Lose Its No. 2, Yahoo Plans To Reorganize
February 24, 2009
Despite Rupert Murdoch's recent display of compassion, his longtime No. 2, Peter Chernin, will leave the Aussie media mogul's News Corp. in June, after failing to come to an agreement about a contract. The 77-year-old Murdoch has no plans to replace Chernin, instead opting to take over day-to-day operations himself. He has his work cut out for him, as News Corp.'s stock price has plummeted nearly 75 percent from its peak, now trading around seven dollars a share. Chernin has been with Rupe for the past 12 years, but industry insiders speculate he might be leaving due ...
The How to Pitch series is worth its weight in gold. In just the first month I'd already benefited enough to consider the cost of joining well worth it. -- Gaen Murphree
AvantGuild benefits give you access to:
Premium content, including our How to Pitch Guides, an indispensable tool for freelance writers. view sample >
Savings of up to $35 per class on mediabistro.com courses and seminars.
Insurance discounts for freelancers and small businesses, including medical, dental, auto and home.
Lots of other professional discounts, including ZipCar (a $50 value) and your choice of magazine subscriptions (a $10 value).
The How to Pitch series is worth its weight in gold. In just the first month I'd already benefited enough to consider the cost of joining well worth it.
-- Gaen Murphree
