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Stock impact report

Jesse Angelo Is Out as Publisher of The New York Post [The New York Times]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Jesse Angelo Is Out as Publisher of The New York Post - The New York Times Rupert Murdoch’s tabloid has a new boss. In an announcement on Thursday, News Corporation, the newspaper’s parent company, said that Jesse Angelo was out as publisher and chief executive after two decades at the paper. Taking his place is Sean Giancola, The Post’s chief revenue officer. Mr. Angelo, 45, started out as a stringer for Page Six, the paper’s saucy, celebrity-skewering gossip column. He became a staff reporter in 1999 and quickly moved up the ranks. By age 27 he was dispatching reporters to murder scenes as metropolitan editor. In 2009, he was promoted to executive editor, and took charge of The Post’s digital operation. Two years later, when journalism circles considered the iPad to be the delivery system of the future, he founded The Daily, a tablet-only subscription publication. Even with a $30 million budget, it crashed and burned, but that did not stop Mr. Angelo’s rise. He became publisher and Show less Read more
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