Fox News’ Abernethy, Shine In New Deals

Fox News co-presidents Jack Abernethy and Bill Shine have signed new multi-year contracts.  

In making the announcement, Rupert Murdoch, executive chairman of 21st Century Fox and executive chairman of Fox News and Fox Business Network, said: “Jack and Bill have been instrumental in Fox News’ continued dominance in the ratings and historic earnings performance. I am delighted they’ve each signed new deals, ensuring stability and leadership to help guide the network for years to come.”

Promoted to co-presidents in August following the exit of Roger Ailes, Abernethy and Shine oversee both Fox News Channel and Fox Business Network, dividing responsibilities for all facets of the networks.

While continuing to run Fox Television Stations, Abernethy manages all business components of FNC and FBN including finance, advertising sales and distribution units. Shine runs all programming and news functions of each network, including production, technical operations and talent management.

In his role as CEO of Fox Television Stations, Abernethy oversees 28 owned and operated stations in the nation’s largest television markets. He also operates Fox Television Stations’ first-run development and the programming service MyNetworkTV.

Prior to this position, Abernethy was the EVP of Fox News, where he led development for long-term strategic and business plans for the network. His responsibilities at Fox News evolved to include oversight of finance, legal & business affairs and affiliate sales. Abernethy also spearheaded the launch of Fox News Radio to more than 500 stations across the country.

Shine has been senior EVP of programming for FNC and FBN since August 2014. In this capacity, he ran all programming and synergies for both networks. Previously, he oversaw all opinion programming and production as an EVP.

Shine began his career at FNC as producer of Hannity & Colmes when the network launched in October 1996. He was the executive producer of The Pulse, an investigative newsmagazine on Fox Broadcasting from 2001 to 2003. Shine was named network executive producer in December 2000 and was promoted to VP of production in 2003.