21st Century Fox Signs FNC’s Shine and Abernethy To Longterm Deals

TVNewser’s Chris Ariens writes about 21st Century Fox signing FNC’s top two executives to long term deals…

Rupert Murdoch has signed the two co-presidents of Fox News and Fox Business to longterm contracts.

Last month, Jack Abernethy and Bill Shine were named co-presidents in the wake of Roger Ailes resignation in July. Today’s news gives those moves more permanence, even as Murdoch remains executive chairman of FNC and FBN.

“Jack and Bill have been instrumental in FOX News’ continued dominance in the ratings and historic earnings performance,” said Murdoch in a statement. “I am delighted they’ve each signed new deals, ensuring stability and leadership to help guide the network for years to come.”

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