Andrew Cripps, Chris Aronson, Heather Phillips, Mike Dunn and Greg Meidel are among the first wave of senior layoffs at 20th Century Fox following the Walt Disney Co’s $US71.3 billion purchase of Fox’s crown jewels .
The appointment of Lachlan Murdoch as non-executive chairman of News Corp and 21st Century Fox and Hamish McLennan's elevation at Network Ten don't seem to have impressed investors or some stock analysts.
Ten Network Holdings has suffered a 90.5 per cent drop in annual net profit but promised a turnaround in its fortunes after a difficult restructure
Peter Viner's resignation is effective from this Sunday
Ten Network Holdings' acting CEO Lachlan Murdoch says the company has been "under-delivering"
Ten has appointed Channel Seven's James Warburton to the role of CEO
Grant Blackley has been stood down as CEO of Ten