Tony Vinciquerra Steps Down as CEO of News Corp.'s Fox Networks Group

Low-Key Executive Had Significant Power in Industry

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NEW YORK (AdAge.com) -- Tony Vinciquerra, chairman-CEO of the Fox Networks Group of TV channels since 2002, is stepping down effective Feb. 11, News Corp. said today.

Tony Vinciquerra
Tony Vinciquerra
The Fox Networks Group includes entertainment-based channels such as broadcast outlet Fox and cable operations FX, Fox Sports and National Geographic; it does not include the Fox News Channel or Fox Business Network.

While Mr. Vinciquerra is known for his low-key demeanor, his power in the TV industry has been quite significant. He was closely involved in News Corp.'s recent, aggressive negotiations for higher retransmission fees from Cablevision Systems as well as similar talks. Those efforts have become high priorities for media companies such as News Corp. that want to lock in better per-subscriber fees for their TV channels and thereby cushion some of the ups and downs of ad revenue, which fluctuates with the economy and is becoming less predictable as audiences fragment.

Mr. Vinciquerra said he would look at smaller, more entrepreneurial ventures in the future. "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.

Most of his duties will be assumed by Fox International Channels David Haslingden, who will relocate to Los Angeles and become president and chief operating officer at the Fox Networks Group, reporting to News Corp. President-Chief Operating Officer Chase Carey.

Hernan Lopez, who has been working on News Corp.'s international cable channel growth, is being promoted to president-CEO of Fox International Channels, reporting to Mr. Haslingden. David Hill, chairman-CEO of Fox Sports Media Group, will expand his role to manage Fox's oversight of the National Geographic Channels' domestic joint venture. Randy Freer and Eric Shanks, each of whom held separate president titles at Fox Sports, will now serve as co-president and COOs of Fox Sports Media Group.

Mr. Vinciquerra is the latest veteran to step down from News Corp.'s TV ranks. Jon Nesvig, the longtime head of ad sales for Fox Broadcasting, stepped down from his post at the end of 2010.

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