BREAKING: New Chairman Taking the Reins at Fox News

BREAKING: New Chairman Taking the Reins at Fox News
Twenty-First Century Fox Executive Chairman Lachlan Murdoch will serve as chief executive and chairman of the new Fox after the sale of television and film properties to Walt Disney Co. go through, the company announced Wednesday.

Murdoch will share the role as chairman with his father, Rupert Murdoch. The company’s chief financial officer, John Nallen, will serve as chief operating officer.

As of today, it is not clear what the  property will be named. In its press release, 21st Century Fox only referred to the company as “new Fox.”

The company will be responsible for overseeing Fox News, Fox Business, Fox Broadcasting, Fox Sports, its local affiliates, and Fox Sports One.
 Source: The Daily Caller
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