You are here: silicon.com > Networks > WebWatch

WebWatch

News Corp names new internet investments head

33-year-old overseeing billions...

Tags: rupert murdoch, news corp

By Sylvia Carr

Published: 4 January 2006 12:40 GMT

News Corp has named a new head for its internet investments strategy, underscoring the media conglomerate's renewed focus on the web.

Jeremy Philips, 33, has been promoted to executive vice president and will join the company's executive management committee. He will report to Rupert Murdoch, as he did in his former position as senior VP, a post he took up in July 2004.

Previously Philips held positions at Citigroup, ecorp and McKinsey & Company.

News Corp chairman and CEO Rupert Murdoch, a 2005 silicon.com Agenda Setter, said last year the company plans to invest $2bn in internet investments. It's already spent about half of that on businesses such as the owner of entertainment website MySpace.com, sports site owner Scout Media and online gaming company IGN Entertainment.

The company was also rumoured to have been in the running for VoIP player Skype, which was bought by eBay, and Friends Reunited, which was bought by ITV.

The silicon.com Agenda Setters panel, tasked with choosing the 50 most influential individuals in tech, ranked Murdoch in the top 10 largely due to his renewed interest in online media.

As Agenda Setters panellist and media journalist Kate Bulkley said last autumn when the winners were chosen: "He's woken up again to the internet."

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure
Read and write about internet access at the airports of the world at atlarge.com. Be the first to rate an airport, win champagne...


  • Jobs
Experienced software sales executive required-60K-70K base-130K OTE

Go to Market structure: - Sales Executive is assigned both existing clients new business prospects in varying degree of maturity. The Roll: This role ...

Senior Programme Manager

COMPANY NAME : Sky Advert TITLE : Senior Programme Manager Advert REF CODE : 8231 JOB LOCATION : West London , Osterley JOB POSITION TYPE : Permanent ...

Regulatory Affairs Senior Executive

Regulatory Affairs Senior Executive A specialist pharmaceutical company that is currently going through major expansion has enlisted the services of ...

CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.





Quick Sitemap Links: