Peter Chernin, president and chief operating officer of News Corp, is leaving after failing to agree a new contract with Rupert Murdoch, who will step in and take direct control of the Fox studio and broadcast businesses that his right-hand man has run for 12 years. James Murdoch, Mr Murdoch’s younger son, remains the favourite to eventually succeed the 77-year-old media mogul, but rathe than step in at Fox, he has chosen to stay in charge of its European and Asian operations

This entry was posted by Gwen Robinson on Tuesday, February 24th, 2009 at 5:19 and is filed under People. Tagged with Fox, news corp, rupert murdoch. Edit this entry.