High-Ranking News Corp. Exec to Step Down Deadline
A change is in the works in the leadership structure at Rupert Murdoch’s News Corp., the parent company of Fox Broadcasting and Fox News. Deadline.com reports that Jon Miller, who has been the company’s chief digital officer since 2009, is leaving the company.
In a statement, Miller said: “While my time spent has been productive, it feels like the right time to exit. I look forward to pursuing new ventures that will lead me back into an operational role.”
The report notes: “The company announced today that Miller will leave his post at the end of September as News Corp. is about to split into two companies: one entertainment, one publishing. Miller will be an outside advisor to News Corp. on digital issues through fall 2013.”
Under Miller’s watch, the company has pursued a number of digital initiatives, without much success. “Miller was News Corp.’s key man for repeated efforts to sell Hulu but those are now on hold,” Deadline reports. “He also presided over The Daily, which has proved to be Rupert’s folly and a very public failure and embarrassment that recently slashed staff by a third. Miller also saw the steep decline of MySpace, which was the hottest social networking service online when News Corp. purchased it in 2005 for $580M. Then it was overtaken by Facebook in 2008 so staff layoffs and multiple redesigns ensued. Finally News Corp. unloaded MySpace in 2011 for just $35M.”