Fox Corp. has promoted one of CEO Lachlan Murdoch’s top deputies, naming John Nallen president and COO of the media company. Nallen, who has so far served as COO, has signed a new long-term deal with Fox that will keep him at the company through June 2028.

John Nallen has been named president and chief operating officer of Fox Corporation in a new long-term employment agreement through June 2028.

Fox Corp. has named John Nallen president and chief operating officer of the media company with a deal through June 2028. Nallen is currently a member of the office of the chairman. He previously served as chief operating officer.

The company that specializes in selling conservative and true-crime programming will remain independently operated.

Fox Corp. on Monday acquired Red Seat Ventures, the digital media company behind the shows of several ex-Fox News personalities

Fox Corp said on Monday it has purchased Red Seat Ventures, the digital media company whose clients include former Fox News stars Megyn Kelly and Tucker Carlson, in a bid to tap younger audiences and the growing podcast market.