Greg Clayman, executive vice president for digital distribution and business development at Viacom‘s MTV Networks, is picking up stakes and heading over to News Corp. to work on Rupert Murdoch‘s incipient iPad subscription-news venture.
All Things Digital broke the story on Sunday:
For now, Clayman’s old job will be handled by a group of his deputies, Viacom said in an internal memo announcing Clayman’s departure (but not his destination) last week. Jeremiah Zinn will continue to oversee product development, but will now also run the companyâ€™s mobile business; Jim Eadie is running mobile and app distribution deals. Tom Gorke will run online distribution deals.
Meanwhile, paidContent has confirmed that News Corp. is loosening up the purse strings; it’s prepared to spend $30 million to $40 million on the project.