Let’s get digital: News Corp. adds Jim Breyer to board

Jim Breyer

News Corp., (s NWS) the media industry behemoth whose assets include 20th Century Fox, the Wall Street Journal, and HarperCollins just to name a few, has named Accel Partners’ Jim Breyer to its board of directors.

The 50-year-old Breyer, a Silicon Valley venture capital veteran known for making early bets on companies such as AOL (s aol) and Facebook, could bring some much-needed digital savvy to the New York City-based News Corp. The media conglomerate has lagged a bit in the tech sector since its foibles with Myspace, the social media site News Corp. bought in 2005 for $580 million and sold off this year for a reported $35 million.

Breyer is joining News Corp.’s board just as another legendary venture capitalist, Tom Perkins of Kleiner Perkins Caulfield & Byers, is making his exit. Perkins, 78, is best known for his work with earlier generation technology firms such as Hewlett-Packard (s HPQ) and Applied Materials. (s AMAT)