New York, NY – August 15, 2012 – News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today announced that David Haslingden, who has served as President and COO of Fox Networks Group ince January 2011, has decided to step down at the end of the calendar year in order to return to his native Australia and spend more time with his family.
Mr. Haslingden was instrumental in the creation and growth of Fox International Channels (FIC), a business unit that now encompasses more than 350 channels in over 55 countries. Prior to his current role, he was CEO of both FIC and National Geographic Channels Worldwide for more than 10 years, and has served News Corporation in a variety of executive roles in the U.S., Asia, Australia and Europe over the past two decades.
Chase Carey, President and COO of News Corporation, commented: “Since joining News Corporation, David has been a driving force in the evolution of the pay-TV industry in every corner of the world. His leadership in the international television marketplace has uniquely positioned Fox to succeed for years to come in what has quickly become one of our company’s fastest-growing business segments. I respect his decision to return to Australia to spend more time with his family, and we wish him nothing but the best during the next phase of his career.”
Peter Rice, Chairman and CEO of Fox Networks Group, commented: “David has built an incredible foundation for us domestically and across Asia, Australia Europe and the Middle East. As we look to continue FNG’s incredible growth trajectory, our future successes will in many ways be the result of David’s innovative leadership over the last several years. He will be missed by all of us.”
David Haslingden commented: “To my many colleagues in the United States and 55 countries around the world, thank you for making my career at News Corporation the most productive and exhilarating experience I could have ever imagined. In a little over a decade we’ve built a behemoth internationally and in the last two years we’ve helped unify FNG and set it up for a future of super-charged growth. But as terrific as Fox and National Geographic are, my family is by far my greatest love, and being away from them for almost two years is long enough. I’m delighted to be on my way home.”
About News Corporation
News Corporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of June 30, 2012 of approximately US$57 billion and total annual revenues of approximately US$34 billion. News Corporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.
Fox Networks Group