Suzanne Scott has been promoted from president of programming to chief executive officer of Fox News Channel and Fox Business Network. Scott has been with the network for 22 years, coming from CNBC in 1996. Jack Abernethy, who has served as co-president of Fox News since August 2016, will remain CEO of Fox Television Stations and will be based in Los Angeles. Jay Wallace, who had been Fox News Channel president of news, has been upped to serve as president. Scott will report jointly to 21st Century Fox executive chairman Rupert Murdoch and to recently appointed “New Fox” chairman and CEO Lachlan Murdoch. “Suzanne has been instrumental in the success of Fox News, and she has now made history as its first female CEO,” Lachlan Murdoch said in a statement.
The Wall Street Journal and National Geographic are collaborating on Far & Away, a new publication geared toward business travelers. “The editors have approached business travel hubs as launch points for personal travel, aligning with the current travel trend of combining business and leisure trips into one,” said National Geographic magazine editor in chief Susan Goldberg. The first edition of the publication will appear in the May 19 edition of the newspaper, with a second issue set to appear in the fourth quarter. The publication’s content will also be available through National Geographic’s social channels and its website. National Geographic Partners is a joint venture between the National Geographic Society and 21st Century Fox.
The largest U.S. pay-TV providers continued to lose subscribers during the first quarter of 2018, but the rate of flight is slowing down a bit, according to a study released this week by Leichtman Research Group. The main reason for the slowdown is the growth recorded by internet-delivered services Sling TV and DIRECTV NOW. LRG’s study says that the top pay-TV services now account for 91.9 million subscribers, a drop of 305,00 from the first quarter of 2017. The drop from 1Q 2016 to 1Q 2017 was 515,000 subscribers. However, while the internet-delivered sector is on the rise (up 405,000 to 3.8 million subscribers), it is still dwarfed by cable (47.8 million), satellite (31.1 million) and services delievered by telephone companies (9.2 million).