Peter Chernin to Step Down as President and COO of News Corporation on June 30, 2009

2/23/09 News Corporation Chairman and Chief Executive Officer Rupert Murdoch today announced that Peter Chernin, the Company’s President and Chief Operating Officer and CEO of the Fox Group, will step down when his contract expires on June 30, 2009. The Los Angeles-based Fox businesses will report directly to Mr. Murdoch upon Mr. Chernin’s departure.