Fox Corp Extends Fox News Media CEO Suzanne Scott’s Contract
Fox News Media CEO Suzanne Scott has renewed her contract in a new multi-year deal, Fox Corporation CEO Lachlan Murdoch said on Tuesday.
Scott, a 25-year veteran of the company who became Fox News’s first female CEO three years ago, expressed his gratitude to Lachlan Murdoch and his father, the founder and chairman of News Corp. Rupert Murdoch: “I am grateful to Rupert and Lachlan Murdoch for the opportunity to continue to lead Fox News Media and position all of our platforms for future success.
Scott previously served as President of Programming for Fox News Channel and Fox Business Network.
“Suzanne’s stellar leadership and business acumen is evident in FOX News Media,” Lachlan Murdoch said in a statement. “Its investments in people and Fox News focus have allowed us to break audience records, create a leading multiplatform news brand and create a more collaborative and inclusive internal culture. Suzanne’s track record of success, her innovative spirit and her dedication to excellence make her the ideal person to continue to lead and develop Fox News.
The announcement is timed to build confidence in the company. Fox News and three hosts – one of whom, Lou Dobbs, had his show canceled last week – were recently named in a $ 2.7 billion lawsuit filed by voting technology company Smartmatic, which has them accused of a disinformation campaign associated with the 2020 election. Fox News decided to dismiss the lawsuit on Monday evening.
Ratings are also a concern: In January 2021, Fox News was down double-digit in total-day and prime-time ratings.
Scott said in a statement last week: “We are extremely proud that viewers have consistently tapped into our roster of original programming for nearly two decades, choosing Fox News as the destination of choice not just for news coverage. , but also for the insightful analysis of a diversity of points of view.