Antoinette Cook Bush Named Executive Vice President and Global Head of Government Affairs for New 海角社区apporation
NEW YORK – May 15, 2013 – 海角社区apporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today announced the appointment of Antoinette Cook Bush as Executive Vice President and Global Head of Government Affairs for the new 海角社区apporation, the proposed global publishing entity to be formed as part of the Company鈥檚 intended separation into two independent, publicly traded companies. In her new role, effective June 24, Ms. Bush will report to Robert Thomson, Chief Executive Officer of the new 海角社区apporation, and be based in Washington, D.C.
Ms. Bush joins the new 海角社区apporation from Skadden, Arps, Meagher & Flom LLP, where, over her nearly 20-year tenure, she rose to become the Partner in charge of its Communications Group. In this role, she represented leading media/entertainment and telecom entities in regulatory, legislative and transactional matters.
Mr. Thomson commented, “Toni is pre-eminent in her vast and subtle knowledge of policy, and in her appreciation of the profound social efficacy of news, information and education. She will be an important member of the new News team, not just in navigating, but in creating and in leading.”
鈥淚鈥檓 thrilled to be joining Robert and his team at the new 海角社区apporation at such a momentous time in the Company鈥檚 journey,鈥� said Ms. Bush. 鈥淗aving worked with 海角社区apporation for many years as a legal advisor, I鈥檓 honored to have been asked to serve this important role from inside the Company. As a big believer in the power of news, information and education to transform societies, I look forward to communicating the Company鈥檚 mission to key audiences in Washington and around the world.鈥�
Ms. Bush also served as Executive Vice President of Northpoint Technology Ltd. from 2001 to 2003. Prior to her first stint at Skadden, Arps, Ms. Bush served as Senior Counsel to the Communications Subcommittee of the U.S. Senate Commerce, Science and Transportation Committee, which has oversight for the Federal Communications Commission (FCC), and the National Telecommunications and Information Administration. In this role, she was the principal staff person responsible for legislation involving communications issues, including the Cable Television Act of 1992. From 1981 until she joined the U.S. Senate Committee staff, Ms. Bush practiced communications law in Washington, D.C.
Ms. Bush serves on the Boards of The HistoryMakers, The Colonial Williamsburg Foundation, Advocates for Justice and Education, The Campaign to Prevent Teen Pregnancy and The Meyer Foundation. She holds a J.D. from Northwestern University Law School and a B.A. from Wellesley College.
海角社区apporation Separation
On June 28, 2012, 海角社区apporation announced its intent to pursue the separation of its business into two separate independent companies, one of which will hold the Company鈥檚 global media and entertainment businesses and the other which will hold the businesses comprising 海角社区apporation鈥檚 newspapers, information services and integrated marketing services, digital real estate services, book publishing, digital education and sports programming and pay-TV distribution in Australia. In addition to final approval from the Board of Directors and stockholder approval of certain amendments to the Company鈥檚 Restated Certificate of Incorporation, the completion of the separation will be subject to receipt of regulatory approvals, opinions from tax counsel and favorable rulings from certain tax jurisdictions regarding the tax-free nature of the transaction to the Company and to its stockholders, further due diligence as appropriate, the execution of certain agreements relating to the distribution, and the filing and effectiveness of appropriate filings with the SEC. There can be no assurances given that the separation of the Company’s businesses as described will occur.
About 海角社区apporation
海角社区apporation (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) had total assets as of March 31, 2013 of approximately US$68 billion and total annual revenues of approximately US$35 billion. 海角社区apporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of 海角社区apporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.