TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Peter Chernin is Out at Murdoch’s News Corp.

peter-chernin-1.jpgAfter 12 years on the job as an ‘ambassador’ to Wall Street and in Hollywood for Rupert Murdoch‘s News Corp, Peter Chernin is leaving the company.

From LAT:

Peter Chernin, the highly regarded president of Rupert Murdoch’s News Corp. and the executive who has paved the way for the global media giant on Wall Street and in Hollywood, is leaving the company, according to people familiar with the situation.

No immediate successor will be named. Instead, Murdoch, 77, is expected to pick up many of the duties handled by Chernin, including oversight of News Corp.’s Fox movie and television operations.

News Corp. stock is down worse than…you know everybody elses. Hm.

Nikki Finke has her take on it.

Mediabistro Course

Magazine Writing

Magazine WritingStarting September 4, learn how to get your work in top publications! You'll learn how to create captivating stories editors will want and readers will love, understand which magazines are right for your stories, craft compelling pitch letters, and more! You'll leave this class with two polished articles and corresponding pitch letters. Register now!