A PYMNTS Company

US: Fox announces new leadership before Disney merger

 |  October 3, 2018
Mike Biard has been promoted to President of Operations and Distribution for Fox from his former role as president of distribution for Fox Networks Group. The new lineup of the soon-to-be scaled-down Fox network has been unveiled following the merger of a chunk of 21st Century Fox’s assets with The Walt Disney Company, which will reportedly close in 2019.
The New York-based company is also promoting Eric Shanks to CEO of Fox Sports from president, chief operating officer and executive producer of the division.

he shakeup comes after Disney’s US$71.3 billion acquisition of 21st Century Fox’s film and television assets. All execs will report to Rupert Murdoch, who will serve as chairman and CEO of Fox once the Disney deal closes in 2019.

Full Content: New York Post

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.