9.15.2012

20TH CENTURY FOX SHAKEUP: JIM GIANOPULOS' LEADERSHIP EXPANDS TO CHAIRMAN AND CEO OF FOX FILM AFTER TOM ROTHMAN'S RESIGNATION. DANA WALDEN AND GARY NEWMAN NOW HAVING COMPLETE AUTONOMY AS CO-CHAIRMEN OF TV.


Dear Colleagues:
Today we are announcing that Tom Rothman will step down as Chairman and CEO of Fox Filmed Entertainment at the end of this year.   Jim Gianopulos, who has led the business with Tom since 2000, will expand his leadership role as its sole Chairman and CEO.
We would like to extend our appreciation to Tom for the critical role he has played in building our film studio into an industry leader.  His legacy includes many of the biggest films of the last few decades as well as the creation of our indie powerhouse Fox Searchlight.  We wish Tom all the best and know he will have continued success in his next chapter.
With a robust slate of upcoming films and Jim’s continued leadership, our film unit is well positioned for future growth and couldn’t be in better hands.  We are confident that Jim’s stellar business and creative acumen will take our film business to new heights.
We’re also announcing that Twentieth Century Fox Television will now become a stand-alone business unit within News Corporation, and will no longer be part of our film operations.   As a result, its Co-Chairs Dana Walden and Gary Newman will now report directly to Chase.   With a track record of hits like Homeland, Glee, Modern Family, American Horror Story and Sons of Anarchy, they are unquestionably one of the best creative teams in the television business and we look forward to working more closely with them.  In addition, to reflect this new structure, our film business will now assume the name Twentieth Century Fox Film.
Please join us in thanking Tom for his enormous contributions to the company and wishing Jim, Gary and Dana continued success.  For more information, please see the attached.
Sincerely,
Rupert Murdoch and Chase Carey