News Corporation announced that Tom Mockridge, Chief Executive of Sky Italia, has been appointed to the additional role of Chief Executive, European Television.
In this new role, Mockridge will directly oversee the company’s television operations in Europe, outside the UK. These include Sky Italia, a minority investment in German pay TV operator Premiere and a range of holdings in broadcasters in such territories as Bulgaria, Poland and Turkey. The announcement does not affect British Sky Broadcasting, in which News Corp holds a 39% shareholding. Mockridge will continue to serve as Chief Executive of Sky Italia and will continue to report to James Murdoch, Chairman and Chief Executive, News Corporation Europe and Asia.
Marty Pompadur, Executive Vice President of News Corp and Chairman of News Corp Europe, who has played a leading role in developing the company’s activities in Central and Eastern Europe and Russia, has chosen to focus on overseeing the company’s radio ventures in Russia and its outdoor advertising business. He will also serve as an advisor to the company.
“Tom has led Sky Italia to become one of the world’s most successful pay-TV businesses, now with more than 4.5 million customers. Tom will extend his successful stewardship of Sky Italia to develop our European broadcast operations across the territory.Marty has played a vital role in building our broadcast and outdoor advertising network. He is a true pioneer and I am delighted to continue to call on him as we develop the business,” Murdoch said .
News Corporation had total assets as of March 31, 2008 of approximately US$62 billion and total annual revenues of approximately US$32 billion. News Corporation is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and the Pacific Basin.