Summary:

After hours of tom-tom beating, it’s official — News Corp President and COO Peter Chernin will leave on June 30, when his current contract…

After hours of tom-tom beating, it’s official — News Corp President and COO Peter Chernin will leave on June 30, when his current contract expires. As expected, Chairman and CEO Rupert Murdoch did not announce a successor; the LA-based Fox businesses will report to him following Chernin’s departure. Murdoch’s statement from the announcement (full text after the jump): “Peter

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