Fox News Media announced this CEO Suzanne Scott has signed a multi-year agreement with Fox Corporation, in clear sign of support for the chief executive.
Head of Fox Corporation Lachlan Murdoch said about Scott in a statement: “Suzanne’s stellar leadership and business acumen are evident through FOX News Media. Its investments in people and the purpose of FOX News have allowed us to break ranking records, build a leading cross-platform news brand, and create a more collaborative and inclusive internal culture. Suzanne’s successful career, innovative spirit and dedication to excellence make her the ideal person to continue to lead and grow 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, as they deal with a new political media landscape after the end of the Trump administration, which suffered a historic decline in process ratings. The cable outlet, once dominant in the charts, was in third place for most of January, a month that also saw CNN enjoy its best viewer in history. Fox indices have begun to normalize from post-election lows.
Fox News ’talent changes are not out of the ordinary. Mixing a schedule is a standard operating procedure after the general election, and CNN also moved its talent list.
Fox News also faces lawsuits from voting system companies like Dominion and Smartmatic, which sued the network and three of its top hosts for $ 2.7 billion for false election-related claims. The network has remained determined to maintain its opinion programs and report on alleged election fraud, calling the lawsuit “bottomless.”
Mediate reported Monday that Scott would hold a quarterly company-wide briefing to discuss the state of the company he oversees, which was synchronized with this announcement, which will surely be presented from a position of strength and security in the his current job.
Read the full press release below:
NEW YORK, NY – February 9, 2021— Fox Corporation (Nasdaq: FOXA, FOX) signed Suzanne Scott on a new multi-year contract to maintain her current role as CEO of FOX News Media, announced Lachlan Murdoch, executive chairman and chief executive officer of Fox Corporation, to whom he will continue to report.
Making the announcement, Murdoch said: “Suzanne’s stellar leadership and business acumen are evident through FOX News Media. Her investments in the people and purpose of FOX News have allowed us to break rating records. , building a leading cross-platform news brand and creating 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 growing 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, he expanded the FOX News Channel brand to a cross-platform hub now known as FOX News Media. FOX News Media includes linear channels, FOX News Channel (FNC) and FOX Business Network (FBN); the direct consumer streaming services FOX Nation and FOX News International, which Scott launched in 2018 and 2020 respectively; FOX News Digital and FOX News Audio, both of which renewed; FOX News Books, which Scott launched in 2020; and the upcoming FOX Weather platform, for which it announced plans in 2020.
Under his leadership, FNC was the most-watched basic cable network for the fifth year in a row in 2020 in various parts of the key day and was the first cable news network to end the year with more than 3.5 million of spectators in prime time, the highest ratings in its history. FNC has also been number one on cable news for 19 consecutive years under Scott’s direction. Notably, in 2020, FOX News turned television history into the first cable network to surpass real-time broadcasting for a season, which FNC has maintained from Memorial Day to the present. FOX News Media also delivered stellar financial results under Scott, marking a record year in advertising sales during fiscal year 2020.
Earlier, Scott was the programming president of FNC and FBN. In this role, he oversaw all network programming and talent management, which included significantly altering FNC’s first-time line in 2017 and executing new daytime, first-hour, and weekend lineups. Among the changes with great success, Bill O’Reilly was replaced by Tucker Carlson Tonight at 8pm, moving Hannity to the 9PM time slot and launching The Ingraham Angle at 10pm.
She also co-created solo news programs, anchored by Harris Faulkner and Martha MacCallum, and incorporated Dana Perino into a successful journalistic role where she is now co-anchor of the American press room. In the fall of 2017, Scott expanded the network’s programming to provide 20 hours of live programming. She is also responsible for having more women anchoring and organizing shows in FNC training, which is one of the most important in the industry.
During his tenure as CEO, Scott has also led several initiatives to foster a more transparent work environment. In September 2020, FOX News Media was officially certified as the “Great Place to Work” for the first time in its existence, a testament to the many cultural changes Scott instituted, which include: establishing a diverse leadership team with women who make up more than half of FOX News ’senior executives; establish quarterly meetings with all employees; the creation of networking events for women, as well as an interdisciplinary mentoring program for employees; lead multiple diversity, inclusion and equity initiatives; be a pioneer in a number of internal awards to recognize employees at all levels; launching a new step of state-of-the-art writing from his office and doubling the footprint of the entire Human Resources operation.
During his twenty-five-year career at FOX News, Scott has risen to the ranks of various programming, production and creation positions after beginning his tenure in 1996 as a programming assistant for television luminaire Chet Collier. . These roles included: executive vice president of programming (2016); senior vice president of programming and development (2009); vice president of programming (2007); executive producer of the network (2005); as well as associate producer, producer and senior producer of On the Record with Greta Van Susteren (2002-2005). In addition, he was responsible for the launch of numerous digital and on-air strategies, including the early 2002 debut of On the Record. He began his television career on CNBC.
Scott has been widely recognized for his contributions to cable television. She was named one of Crain’s most powerful women in 2019 and was distinguished by Variety as an impact woman in 2020. She was also one of The Hollywood Reporter’s most powerful people in the New York media in 2018. and in 2019 and was selected for New Power of Variety 2018 from the New York list, as well as the Variety 500 list of 2018, 2019 and 2020, an index of the most influential business leaders that make up the media industry.
Received the Women of the Year award from the Police Athletic League in 2019, she was also named one of Cablefax Magazine’s most powerful women in 2017, 2018, 2019 and 2020, and the Multichannel News Wonder Women on 2006. Scott is a graduate of the American University with a degree in political science.
ABOUT FOX CORPORATION
Fox Corporation produces and distributes strong news, sports and entertainment through its iconic national 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 engages and informs the public, develop deeper relationships with consumers, and create more compelling product offerings. FOX maintains an impressive track record of success in the news, sports and entertainment industry that make up our strategy to capitalize on existing strengths and invest in new initiatives. For more information about Fox Corporation, visit www.FoxCorporation.com.
ABOUT FOX NEWS MEDIA
FOX News Media operates 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 recently announced FOX platform Weather. Currently the number one cable network, FNC has also been the most-watched television news channel for 19 consecutive years, while FBN is currently among the top cable business channels. Owned by FOX Corporation, FOX News Media reaches 200 million people each month.
Do you have any advice we should know? [email protected]