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REFILE-UPDATE 2-News Corp restructures Fox, CEO Vinciquerra out

Published 01/06/2011, 04:51 PM
Updated 01/06/2011, 04:52 PM

(Corrects typo in bullet point to "Rice" from "Rich")

* Haslingden succeeds Vinciquerra

* Hill, Rice and Hopkins to report to Chase Carey

NEW YORK, Jan 6 (Reuters) - Fox Networks Group Chief Executive Tony Vinciquerra is quitting ahead of a management restructuring, its parent News Corp said on Thursday.

Vinciquerra will leave the company on Feb. 11 after serving as chairman and CEO of the group since 2002. Industry sources expected Vinciquerra to leave a year ago in an earlier management shuffle at Fox by News Corp's Chief Operating Officer Chase Carey.

David Haslingden, CEO of Fox International Channels since 2001, will take the role of president and chief operating officer of Fox Networks Group.

Haslingden, who will report to Carey, will take over most of Vinciquerra's responsibilities such as finance and legal, but not programming.

Fox's other top executives report to Carey. They include David Hill, CEO of Fox Sports Media Group; Peter Rice, chairman of entertainment; and Mike Hopkins, president of affiliate sales. They previously reported to Vinciquerra.

Last year, Rice was put in charge of Fox Broadcasting Co and FX Networks while Hill was put in charge of Fox's sports operations. He now will oversee National Geographic Channels in the United States too.

Other executives affected by the shuffle include Hernan Lopez, who was promoted to president and CEO of Fox International Channels, reporting to Haslingden.

The company said Randy Free and Eric Shanks will serve as co-president and COO of Fox Sports Media Group. They previously held separate president titles at Fox Sports.

Vinciquerra, alongside Carey, is best known for leading Fox Broadcast's push to demand payments by cable companies for the right to carry Fox signals.

"It's time for me to pursue a new, probably more entrepreneurial path, and I'm excited to see what unfolds before me," he said in a statement. (Reporting by Yinka Adegoke. Editing by Robert MacMillan)

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