NEWS From the Boardroom

Even after two seasons of dismal ratings, NBC President Jeff Zucker was promoted to the newly created post of CEO of the combined NBC Universal Television. NBC Universal Chairman and CEO Bob Wright said that Zucker's elevation was part of a streamlining effort to ensure "that all of our knowledge, all of our assets, all of our people in television are completely aligned."

Only three months after Lachlan Murdoch, the son of News Corp. Chairman Rupert Murdoch, surprised the industry by suddenly quitting his father's media empire and moving to Australia, Richard Freudenstein, the COO of Murdoch's BBSkyB satelite service in the U.K. has also quit the company and announced plans to move to Australia. Freudenstein was regarded as the most likely successor to BBSkyB CEO James Murdoch if the younger Murdoch was elevated to a more senior position in the company by his father.