It’s official: Rupert Murdoch is stepping down from his role as CEO of 21st Century Fox July 1. In an announcement, the company said Murdoch and his son Lachlan Murdoch will both become executive co-chairmen. Chase Carey, 21st Century...Show More Summary
A clause will keep him from taking a job at a competitor until at least mid-2016, but some say he could also take the Peter Chernin route. read more
But without Chase Carey, there is a risk that the Murdochs could lose their newfound discipline.
CNBC’s Rupert Murdoch is planning to give up his CEO role at 21st Century Fox and hand the reins to his son, James, CNBC’s David Faber reports. Chase Carey will step down as COO “and take on a yet undefined role as an adviser at theShow More Summary
At an industry conference in San Francisco, the executive also discusses the pay TV bundle and over-the-top services. read more
Fox plans to be part of the procession of programmers offering shows directly to consumers online. “I think it’s great, and there are a lot of plans we’re working on,” COO Chase Carey told investors today at the Morgan Stanley Technology, Media & Telecom Conference. Show More Summary
The good feeling about Fox after the release of its quarterly earnings was short-lived. The stock turned down about 4.8% in post market trading after COO Chase Carey, in a conference call with analysts — still underway — acknowledged that “our broadcast business is not where we expected it to be at this time” due to weak ratings and ad sales. Show More Summary
Shareholders of the pay TV giant also approve its name change from BSkyB after recent acquisitions in Germany and Italy read more
The Fox COO told analysts not to fear that TV ad sales and viewing are beginning a dangerous slide — which gained momentum this morning when Discovery said it could not anticipate a pick up from weak sales in October. Such concerns “are overblown, particularly in the short term,” Chase Carey said in a conference call. Show More Summary
Rupert Murdoch's right-hand man says out of habit, he still turns on ESPN instead of Fox Sports 1 when he comes home read more
21st Century Fox COO Chase Carey must wonder if he'll ever have an interview where he isn't asked about the company's recent aborted effort to buy Time Warner — as he was, again, today when he appeared at the Goldman Sachs Communacopia. Show More Summary
Chase Carey, president and COO of 21st Century Fox, wants everyone to know that his company is already healing from the heartbreak of not acquiring Time Warner. “We’ve moved on,” Carey said, during a London TV industry conference. “We...Show More Summary
President Chase Carey reiterates the company won't go after mega-deals and discusses possible U.K. targets read more
Rupert Murdoch’s media conglomerate Twenty-First Century Fox admitted Wednesday to making an unsuccessful $80 billion offer in recent weeks to take over Time Warner. The New York Times reported that Chase Carey, the president of Fox and longtime top deputy to Rupert Murdoch, met with Time Warner’s chief executive Jeff Bewkes in early June. Show More Summary
A who's who of the British and global broadcasting scene will attend this year's Royal Television Society conference in London September 9. read more
After the coffee. Before hoping Dunkin' Donuts steers clear of my area.
Chase Carey is going to be the president and COO of 21st Century Fox through at least 2016. The Wall Street Journal reports that Carey has agreed to a two-year contract extension mere weeks before his original one ended. Carey's contract...Show More Summary
Carey will remain as president and COO through June 2016. read more
Chase Carey, the president and chief operating officer of 21st Century Fox, has signed a new contract to remain at media mogul Rupert Murdoch's film and television empire at least through 2015.
Here’s the agreement that the 21st Century Fox COO said last month that he had tentatively reached with CEO Rupert Murdoch. The terms, formalized today, will keep Chase Carey at the company through June 30, 2016 — although he can terminate on December 31, 2015 if he gives the company six months notice. Show More Summary