Tag: Roger Ailes

  • Tribune: Blackstone may join Fox in purchase race

    MUMBAI: Fox and a New York firm, possibly Blackstone, are planning to form a joint venture to buy Tribune which owns or operates 42 stations, with Fox contributing its 28 owned-and-operated stations and Blackstone providing cash.

    The potential multi-billion-dollar deal would make Fox US’s largest single broadcast station owner.

    Meanwhile, Fox News Channel on Monday said that co-president Bill Shine has left the company, the latest high-level departure at a network troubled with charges of discrimination that already claimed founding CEO Roger Ailes and Bill O’Reilly.

    Fox and Blackstone are together hoping to beat a rival offer from Sinclair Broadcasting, the largest owner of TV stations in the US. Baltimore-based Sinclair, which owns 173 stations, has stations in midsize and small markets.

    Sinclair was also in the running for Tribune, which could give the former significantly more leverage in talks with Fox.

    Under current rules, however, the national TV audience that any single owner can access with its stations is capped at 39 per cent. Since President Trump elevated Pai to lead FCC, the commission has changed rules and made public statements announcing that it intends to scale back limits placed on station ownership. If Sinclair or Fox purchased Tribune, they would go past the current FCC limits.

    Another current FCC regulation that could obstruct Sinclair or Fox purchase of Tribune is the local ownership rule which disallows any owner from running more than two stations in most markets.

  • Roger Ailes steps down as Fox News chairman & CEO

    Roger Ailes steps down as Fox News chairman & CEO

    MUMBAI: The Murdoch family-promoted 21st Century Fox has announced Roger Ailes has stepped down as chairman and CEO of Fox News and resigned from Fox Business Network and Fox Television Stations, effective immediately.

    Rupert Murdoch, Executive Chairman of 21st Century Fox, will assume the role of Chairman and acting CEO of Fox News Channel and Fox Business Network.

    It’s a stunning fall for Ailes, a long time political operative and Murdoch ally, who is credited with building Fox News and leading the cable channel to ratings dominance.

    In a statement released to the media last week, Rupert Murdoch said: “I am personally committed to ensuring that Fox News remains a distinctive, powerful voice. Our nation (the US) needs a robust Fox News to resonate from every corner of the country.”

    Murdoch will be assisted in running the Fox businesses by existing management team under Bill Shine, Jay Wallace and Mark Kranz.
    Ailes, 76, was in the eye of the storm having been accused of sexual harassment in a lawsuit filed earlier this month by former Fox News host Gretchen Carlson.

    Though Ailes has vigorously denied Carlson’s claims, Fox News launched an internal investigation. The developments, critics and media observers claim, was a result of public and political pressure and perception.

    “Roger Ailes has made a remarkable contribution to our company and our country. Roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years,” the company statement quoted Murdoch as saying.

    In a letter to Murdoch, released by a publicist, Ailes said, “I am proud of our accomplishments and look forward to continuing to work with you as an adviser in building 21st Century Fox.”

    “We join our father in recognizing Roger’s remarkable contributions to our company,” a joint statement from Murdoch’s two sons, Lachlan and James, said. The sons are in charge in charge of Fox News.
    Ailes began his television career in the early 1960s as a producer at The Mike Douglas Show in Cleveland, and went onto serve as media consultant for several Republican presidents, including Richard Nixon and Ronald Reagan.

    “I take particular pride in the role that I have played advancing the careers of the many women I have promoted to executive and on-air positions,” Ailes wrote in the letter to Murdoch, adding that many of these talented journalists have deservedly become household names known for their intelligence and strength whether reporting the news, fair and balanced, and offering exciting opinions on opinion programmes.

    In his defence, Ailes further stated in the letter that Fox News has become No. 1 in all of cable because he “identified and promoted the most talented men and women in television, and they performed at the highest levels.”

    In 1996, Murdoch, seeing a market for a conservative cable news outlet, hired Ailes to create Fox News. And Ailes moulded the network to run like a political campaign operation with primetime shows that were unabashedly conservative and hosts who openly espoused Republican talking points.

    The network eventually unseated CNN as the highest rated cable news network and became one of the most popular cable networks of all genres, reaching more than 90 million households.

    “It is always difficult to create a channel or a publication from the ground up and against seemingly entrenched monopolies,” Murdoch Sr. said, adding, “To lead a flourishing news channel, and to build Fox Business, Roger has defied the odds.”

  • Roger Ailes steps down as Fox News chairman & CEO

    Roger Ailes steps down as Fox News chairman & CEO

    MUMBAI: The Murdoch family-promoted 21st Century Fox has announced Roger Ailes has stepped down as chairman and CEO of Fox News and resigned from Fox Business Network and Fox Television Stations, effective immediately.

    Rupert Murdoch, Executive Chairman of 21st Century Fox, will assume the role of Chairman and acting CEO of Fox News Channel and Fox Business Network.

    It’s a stunning fall for Ailes, a long time political operative and Murdoch ally, who is credited with building Fox News and leading the cable channel to ratings dominance.

    In a statement released to the media last week, Rupert Murdoch said: “I am personally committed to ensuring that Fox News remains a distinctive, powerful voice. Our nation (the US) needs a robust Fox News to resonate from every corner of the country.”

    Murdoch will be assisted in running the Fox businesses by existing management team under Bill Shine, Jay Wallace and Mark Kranz.
    Ailes, 76, was in the eye of the storm having been accused of sexual harassment in a lawsuit filed earlier this month by former Fox News host Gretchen Carlson.

    Though Ailes has vigorously denied Carlson’s claims, Fox News launched an internal investigation. The developments, critics and media observers claim, was a result of public and political pressure and perception.

    “Roger Ailes has made a remarkable contribution to our company and our country. Roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years,” the company statement quoted Murdoch as saying.

    In a letter to Murdoch, released by a publicist, Ailes said, “I am proud of our accomplishments and look forward to continuing to work with you as an adviser in building 21st Century Fox.”

    “We join our father in recognizing Roger’s remarkable contributions to our company,” a joint statement from Murdoch’s two sons, Lachlan and James, said. The sons are in charge in charge of Fox News.
    Ailes began his television career in the early 1960s as a producer at The Mike Douglas Show in Cleveland, and went onto serve as media consultant for several Republican presidents, including Richard Nixon and Ronald Reagan.

    “I take particular pride in the role that I have played advancing the careers of the many women I have promoted to executive and on-air positions,” Ailes wrote in the letter to Murdoch, adding that many of these talented journalists have deservedly become household names known for their intelligence and strength whether reporting the news, fair and balanced, and offering exciting opinions on opinion programmes.

    In his defence, Ailes further stated in the letter that Fox News has become No. 1 in all of cable because he “identified and promoted the most talented men and women in television, and they performed at the highest levels.”

    In 1996, Murdoch, seeing a market for a conservative cable news outlet, hired Ailes to create Fox News. And Ailes moulded the network to run like a political campaign operation with primetime shows that were unabashedly conservative and hosts who openly espoused Republican talking points.

    The network eventually unseated CNN as the highest rated cable news network and became one of the most popular cable networks of all genres, reaching more than 90 million households.

    “It is always difficult to create a channel or a publication from the ground up and against seemingly entrenched monopolies,” Murdoch Sr. said, adding, “To lead a flourishing news channel, and to build Fox Business, Roger has defied the odds.”

  • Fox News elevates Clemente, Moody

    Fox News elevates Clemente, Moody

    MUMBAI: US news broadcaster Fox News has elevated two executives in the network’s hard news division. Michael Clemente has been promoted to EVP of News Editorial and John Moody, currently the CEO of Newscore, will return to Fox News as executive editor and executive vice president.

    Both executives will report directly to Fox News Chairman & CEO Roger Ailes.

    Newscore, a news service that allows worldwide editorial properties to share content and resources across all News Corp entities, will now be absorbed into the day to day operations of Fox News.

    Ailes said, “As our fiscal year comes to a close, I’ve determined that Newscore will operate more efficiently and effectively inside Fox News. This move will strengthen our overall news gathering capabilities and enable us to operate at an even higher level.”

    Clemente will continue to run day to day operations for the entire news division while Moody will operate as a senior adviser to Ailes on all editorial matters. Moody will also serve as the executive editor of foxnews.com and oversee all news related digital assets.

    Ailes said, “John’s extensive experience in news for the past several decades both in television and in print remain unmatched in the industry. John helped us become the number one news network and I look forward to working closely with him again.”

    Ailes further noted, “Michael Clemente is one of the most seasoned television news executives in the business. He continues to have the mindset of both a journalist and the instincts of a television programmer which have served the network very well during his tenure.”

    Prior to his role with Newscore, Moody served as the EVP, News Editorial of Fox News where he was responsible for all editorial direction and story content for 13 years. Before this, he spent more than a decade at Time Magazine as both a writer and bureau chief.

    Clemente joined Fox News in February of 2009 as the senior Vice President of News Editorial and has overseen all news operations and news editorial for the network, including the notable political coverage of the current election season.

  • News Corp to launch business channel later this year

    News Corp to launch business channel later this year

    MUMBAI: News Corp CEO Rupert Murdoch says that his media conglomerate plans to launch a more ‘business-friendly’ business channel in the US than its rival CNBC.

    The Fox Business Channel will launch in the fourth quarter in at least 30 million homes.

    The channel, which will directly challenge CNBC for domination in the small but lucrative financial news market, will be developed and overseen by Fox News Channel/Fox Television chairman and CEO Roger Ailes.

    Reports state that the business channel will be housed along with Fox News at the News Corp. headquarters in New York. It will have initial distribution across the US, including New York, with Time Warner Cable, Comcast, Charter and DirecTV.

    The project has been in the works for several years, and the company was waiting for distribution to be in place.

    Murdoch claims that CNBC is often too negative and focussed on financial scandals. He sounded a note of confidence by saying that CNBC would copy a lot of things that the new channel would do.

    Meanwhile, Murdoch also said that over 10 per cent of the media company’s sales will likely come from its digital businesses, from Internet to cell phones, in the next five years.

    The view excludes Internet properties owned by its local newspapers, such as the New York Post’s NYPost.com site, whose split of digital revenue could well go higher

    Revenue from sites including MySpace are expected to account for about 2 per cent of News Corp’s fiscal 2007 sales.