Fox News Media announced that CEO Suzanne Scott signed a multi-year agreement with Fox Corporation, a clear sign of support for the CEO.
Head of Fox Corporation Lachlan Murdoch said about Scott in a statement: “Suzanne’s stellar leadership and business acumen are evident in FOX News Media. Its investments in people and the purpose of FOX News have allowed us to destroy rating records, build a top multi-platform news brand, and create a more collaborative and inclusive internal culture. Suzanne’s successful experience, innovative spirit and dedication to excellence make her the ideal person to continue to lead and develop FOX News. ”
Scott commented in a statement: “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.”
Fox News has recently made changes to its programming range, as it deals with a new media political landscape after the end of the Trump administration – suffering a historic drop in ratings in the process. The cable release, once dominated by ratings, was in third place for most of January, when CNN also enjoyed the best viewer in history. Fox ratings have begun to normalize from post-election lows.
Fox News’ talent changes are not out of the ordinary. Mixing a programming line is a standard operating procedure after the general election, and CNN has moved its talent as well.
Fox News is also facing litigation from voting system companies such as Dominion and Smartmatic, which have sued the network and three of its top hosts for $ 2.7 billion over false claims about in elections. The network remained determined to maintain its opinion programs and report on alleged electoral fraud, calling the process “undeserved.”
Mediate reported Monday that Scott will hold a quarterly company-level briefing to address the state of the company he oversees, which was scheduled with this announcement, and will certainly be presented from a position of strength and security in its current location. for work.
Read the full press release below:
NEW YORK, NY – February 9, 2021— Fox Corporation (Nasdaq: FOXA, FOX) has signed Suzanne Scott on a new multi-year contract to remain the current CEO of FOX News Media, Lachlan Murdoch announced , chief executive officer and chief executive officer of Fox Corporation, to whom he will continue to report.
In his announcement, Murdoch said: “Suzanne’s stellar leadership and business acumen are evident in FOX News Media. Its investments in people and the purpose of FOX News have allowed us to destroy rating records, build a top multi-platform news brand, and create a more collaborative and inclusive internal culture. Suzanne’s successful track record, innovative spirit and dedication to excellence make her the ideal person to continue to lead and develop FOX News. ”
Scott commented: “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.”
In May 2018, Scott was named the first female CEO of FOX News. In this role, she expanded the FOX News Channel brand into a multi-platform exchange now known as FOX News Media. FOX News Media includes linear channels, FOX News Channel (FNC) and FOX Business Network (FBN); direct consumer streaming services FOX Nation and FOX News International, launched by Scott in 2018 and 2020, respectively; FOX News Digital and FOX News Audio, both of which he reviewed; FOX News Books, launched by Scott in 2020; and the upcoming FOX Weather platform, for which it announced plans in 2020.
Under his leadership, FNC was the most-watched core cable network for the fifth year in a row in 2020 in all key parts of the day and was the first cable news network to end the year with more than 3.5 million viewers in primetime, the highest ratings in history. FNC also remained number one in cable news for 19 consecutive years under Scott. In particular, in 2020, FOX News made television history the first cable network to surpass the primetime show for a season, which FNC has maintained since Memorial Day to date. FOX News Media also delivered stellar financial results under Scott, marking a record year in advertising sales in fiscal year 2020.
Previously, Scott served as president of programming for both FNC and FBN. In this role, she oversaw all network programming and talent management, which included the significant change to the FNC’s primitive line in 2017 and the execution of new day, primetime and weekend lines. Extremely successful changes included replacing Bill O’Reilly with Tucker Carlson Tonight at 20:00, moving Hannity back to the 21:00 time interval and launching The Ingraham Angle at 22:00.
She also co-created solo news programs, anchored by Harris Faulkner and Martha MacCallum, and incorporated Dana Perino into a successful journalism role, where she co-anchors America’s Newsroom. In the fall of 2017, Scott expanded the network’s schedule to offer 20 hours of live programming. She is also responsible for getting more women to anchor and host shows in the FNC range, which is among the most in the industry.
Throughout his tenure as CEO, Scott has also led several initiatives to promote a more transparent work environment. In September 2020, FOX News Media was officially certified as an “Excellent Job” for the first time in its existence, a testament to the many cultural changes Scott has instituted, which include: setting up a diverse leadership team with women who make up more than half of FOX News’ senior executives; establishing quarterly meetings with all employees; creation of networking events for women, as well as an interdisciplinary mentoring program for employees; leading various diversity, inclusion and equity initiatives; initiating a series of internal awards for the recognition of employees at all levels; launching a new state-of-the-art editorial office in her office and doubling the footprint of the entire Human Resources operation.
Throughout his 25-year career with FOX News, Scott has won numerous programming, production and creative positions after beginning his term in 1996 as a programming assistant for the Chet Collier television luminaire. These roles included: executive vice president of programming (2016); senior vice president of programming and development (2009); Vice President of Programming (2007); executive network producer (2005); as well as associate producer, producer and main producer of On the Record with Greta Van Susteren (2002-2005). In addition, she was responsible for launching numerous on-air and digital strategies, including the 2002 primetime debut of On the Record. He began his television career at CNBC.
Scott has been widely recognized for his contributions to cable television. She was named one of the strongest women in Crain in 2019 and honored by Variety as an impact woman in 2020. She was also one of the strongest people in The Hollywood Reporter in New York Media in 2018 and 2019 and was selected for the 2018 New Power Variety of the New York list, as well as the Variety 500 list of 2018, 2019 and 2020, an index of the most influential business leaders shaping the media industry.
Recipient of the Women’s Athletic League of the Year Award in 2019, she was also named one of the strongest cable women in Cablefax magazine in 2017, 2018, 2019 and 2020 and “Wonderful Women of Multichannel News” in 2006. Scott is a graduate of the American University with a degree in political science.
ABOUT FOX CORPORATION
Fox Corporation produces and distributes compelling news, sports and entertainment content through its iconic domestic brands, including: FOX News Media, FOX Sports, FOX Entertainment and FOX television stations. These brands are of cultural importance to consumers and of commercial importance to distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that attracts and informs the public, develops deeper relationships with consumers, and creates more compelling product offerings. FOX maintains an impressive track record of success in the news, sports and entertainment industries that shape our strategy to capitalize on existing strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com.
ABOUT FOX NEWS MEDIA
FOX News Media operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Digital, FOX News Audio, FOX News Books, FOX Nation and FOX News International direct-to-consumer digital streaming services, and the newly announced FOX Weather platform . Currently the number one network in all cables, FNC has also been the most watched television news channel for 19 consecutive years, while FBN is currently among the leading cable business channels. Owned by FOX Corporation, FOX News Media reaches 200 million people every month.
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