Jonathan Miller, the former CEO of AOL, is taking over the digital assets of News Corp., we’ve confirmed – his new title will be CEO of Digital Media. This will include Fox Interactive Media and other duties. Peter Levinsohn, the current president of Fox Interactive, will be leaving his current position but will remain at News Corp.
This is more than a little ironic. Miller currently works with … → Read More
Big Media’s love affair with the Internet ebbs and flows with the markets. When they see money pouring into Web startups, they feel threatened and rush to do the same. They ramp up their digital divisions, which usually are no more than venture arms, and hope to strike it rich. When the markets are down, as they are now, their attention drifts elsewhere—exactly at the time when they can pick… → Read More
Fox Interactive Media is eliminating more than just free lunches. News Corp’s digital arm is trimming nearly 100 jobs across several business units, including Photobucket, MySpace, Scout Media, Rotten Tomatoes, and corporate. The total comes to a little under 5 percent of FIM’s domestic U.S. workforce, and about 3 percent of its global workforce of 2,900. We have added the amount to our Layoff… → Read More