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Fox's Paul Cheesbrough Will Expand Duties After Roku Deal
Variety • • business
Key Points:
- Paul Cheesbrough has been named co-chair and CEO of Fox Digital Platforms following Fox Corp.'s $22 billion acquisition of Roku, overseeing operations including Roku, Tubi, and Red Seat Ventures to advance the company's new-media goals.
- Roku founder Anthony Wood will join the Fox board and serve as co-chair alongside Cheesbrough, while the new division will be organized into units led by CEOs Mustafa Ozgen (Roku), Pete Distad (direct-to-consumer properties), Chris Balfe (Red Seat Ventures), and Robert Humann (Credible).
- Several senior executives are departing, including Charlie Collier, Roku Media president, while others like Mike Bidgoli and Andy Karofsky are taking on new roles within the reorganized structure.
- Cheesbrough, with a background in software engineering and digital media development at BBC, Telegraph Media Group, and News Corp., has driven Fox's strategic shift toward direct-to-consumer digital operations and content partnerships.
- The leadership emphasized ongoing decision-making transparency and commitment to building strong products, serving viewers and partners, and fostering collaboration as the integration progresses.
