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Friday, July 15, 2011

Feature-Who is Tom Mockridge?, (NASDAQ: NWSA)

Rebekah Brooks resigned as chief executive of News Corp's (NWSA.O) British newspaper unit on Friday, yielding to political and investor pressure over a phone hacking scandal undermining Rupert Murdoch's media empire on both sides of the Atlantic. Tom Mockridge, CEO of the company's Italian pay-TV arm Sky Italia, will replace Brooks. Here are some details about him: * Born in July 1955 in New Zealand, he was chief executive of Sky Italy since its creation in April 2003. * He moved to Australia in 1980 where he worked for the Sydney Morning Herald newspaper. * Between 1984 and 1991, he was a member of Australian Finance Minister Paul Keating's staff.

News Corporation is a diversified global media company. Shares of NWSA remained unchanged at $15.44. In the past year, the shares have traded as low as $11.91 and as high as $18.35. On average, 22250600 shares of NWSA exchange hands on a given day and today's volume is recorded at 10613.