Endemol CEO Tim Hincks will serve as president of the new joint venture to be formed by 21st Century Fox’s Shine Group, Endemol and Core Media. He will report to CEO Sophie Turner Laing.
Ever since the Shine-Endemol-Core Media mega-merger was first floated, speculation has swirled over what it would mean for Shine founder Elisabeth Murdoch. The speculation can now be put to rest as Murdoch will indeed leave her role as chairman of Shine if and when the proposed merger goes through, a source with knowledge of the situation confirms.
