Fox TV Vet Out in Major Shakeup | Adweek
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Fox TV Vet Out in Major Shakeup

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Under the new structure, Haslingden will have responsibility for all corporate functions of FNG, including strategic business development, finance, legal, advertising sales, networks engineering and operations and communications teams. Hill will gain oversight of National Geographic Channels, while Randy Freer and Eric Shanks will co-manage the Fox Sports media group.

Rice and Hopkins will continue to serve in their respective capacities, although the latter will add responsibility for digital development to his plate, as well as distribution for Fox Business Channel.

Vinciquerra said he will leave the various operations in “extremely capable” hands. A source close to the departing executive said the decision to leave was Vinciquerra’s alone.

The news comes as Fox’s broadcasting unit is struggling to find its feet, having endured double-digit ratings declines since the fall TV season began. Per Nielsen data for the first 15 weeks of the season, Fox has fallen 14 percent in total viewers and 16 percent among the 18-49 demo. Through Jan. 2, Fox ranks last among total viewers in prime (7.51 million), and is third among the core TV demo, with a 2.7 rating.

That said, Fox generally comes on strong in the first quarter, when it returns its American Idol franchise.

The cable business has been booming for Fox, however. In its most recent earnings call, News Corp. disclosed that its cable networks saw ad revenue increase 20 percent over the prior-year period, while affiliate revenue was up 40 percent.