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Elisbaeth Murdoch to step down as Shine Group chairman - FT

October 30, 2014 at 07:54 pm EDT

(Reuters) - Elisabeth Murdoch, the daughter of media mogul Rupert Murdoch, will step down as the chairman of Shine Group when it merges with Endemol and Core Media Group Inc[CKXETM.UL], the Financial Times reported, citing people familiar with the matter.

Twenty-First Century Fox Inc (>> Twenty-First Century Fox Inc) said in May that it would form a joint venture with Endemol, Shine Group and Core Media Group.

Sophie Turner Laing, the former managing director of content at British Sky Broadcasting Group Plc (>> British Sky Broadcasting Group plc), has been named chief executive of the merged entity, the Financial Times reported.

Elisabeth, founded and sold her Shine Group television business to News Corp (>> News Corp) in 2011.

She was set to obtain a seat on the board of directors at News Corp, but decided against pursuing the nomination following the phone hacking scandal that dogged the company.

Shine Group were not immediately available for comment.

(Reporting by Narottam Medhora in Bangalore. Editing by Andre Grenon)

Stocks treated in this article : Apollo Global Management LLC, British Sky Broadcasting Group plc, News Corp, Twenty-First Century Fox Inc

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
APOLLO GLOBAL MANAGEMENT LLC	40.06 USD	-2.01%	-0.30%	63.57B
SKY	- GBX	-.--%	+0.03%	-
NEWS CORPORATION	24.22 USD	+0.04%	+0.83%	13.95B
TWENTY-FIRST CENTURY FOX	49.66 USD	-67.77%	-.--%	0

Keith Murdoch

Keith Rupert Murdoch is a businessperson who founded TFCF Corp. and who has been the head of 11 different companies. He occupies the position of Co-Chairman for Fox Corp., Executive Chairman for Fox News Network LLC (a subsidiary of Fox Corp.), Executive Co-Chairman at News Corp., Chairman & Chief Executive Officer of Ruby Newco LLC (a subsidiary of News Corp.), Chairman at Sky Global Holdings, Inc. and Executive Chairman at FOX Business Network. Mr. Murdoch is also on the board of STAR Group Ltd. and The Partnership for New York City. Keith Rupert Murdoch previously occupied the position of Executive Co-Chairman at TFCF Corp., Executive Chairman of News Corp Australia Pty Ltd., Chairman at The DIRECTV Group, Inc., Chairman & Chief Executive Officer for Fox Entertainment Group, Inc. and Chairman for Dow Jones & Co., Inc. He received an undergraduate degree and a graduate degree from Worcester College.

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