For 12 years, News Corp.'s President and COO Peter Chernin ran the
parts of the company that diehard newspaperman Murdoch frankly didn't
care about, including the 20th-Century Fox studio and the Fox
networks--for now, Rupert's directly taking over Chernin's duties when
he leaves June 30, but that may not last long (not to mention that
Murdoch is 78):

http://online.wsj.com/article/SB123542374683052407.html
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TV or Not TV .... Smart (TV) People on Ice!
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