News Corp. Gives CEO Robert Thomson a long -term contract extension, an agreement that should keep the executive at the head of the company when it concludes new AI transactions and continues its digital transformation.
Thomson, who directs News Corp. Since 2013, has signed an agreement that will maintain it as CEO until June 2030. News Corp. Has the Wall Street Journal and Dow Jones, as well as the publisher of Books HarperCollins, the New York Post, a digital real estate company and other assets.
It also includes a large piece of the Murdoch family empire, alongside Fox Corp.
“Robert played a decisive role in the growth and transformation of News Corp, and its vision and its leadership are extremely important while the company continues to sail in this era of rapid change,” said News Corp president Lachlan Murdoch. “Robert has created an exceptional shareholder value, orchestrated a significant transformation of our asset base and makes strategic investments in growth engines such as Dow Jones, digital real estate services and a publication of books. There is a crucial voice in the struggle for publishers and journalists in the digital age, and an ardent defender of intellectual property rights. I look forward to his leadership. ”
Thomson, in addition to being avant-garde with regard to the relationship between publishers and technology giants (he directed talks to generate companies like Google and Meta), has actively courted the agreements with AI companies in recent years. It is also eminently quoted.
“Rupert and Lachlan Murdoch skillfully sculpted a passionate company and based on principles and determined, and it is a deep privilege to serve as general manager,” said Thomson. “For journalists, for the authors, for society, for those who try and aspire, they are moments of immense challenge and unlimited opportunities. Our management team is very aware of an unshakable responsibility towards our shareholders, and we are grateful for the sterling efforts of all our colleagues while we are continuing profitability and we seek to achieve our vast potential. ”
