Fox Corp. Revamps Ad Sales Team with Strategic Hires and Layoffs
The restructuring aims to enhance advertiser connections and streamline operations across Fox's diverse media platforms.
- Fox Corp. has announced a strategic reorganization of its ad sales, marketing, and brand partnerships division, resulting in new senior executive hires and a reduction of less than 3% of the workforce.
- Jeff Collins, who took over as president of advertising sales in January, is leading the effort to create a more modern sales organization that aligns with current market demands.
- The restructuring includes the appointment of executives from Warner Bros. Discovery, DirecTV, and Motionworks, with roles focused on client services, yield management, ad sales strategy, and research.
- The new structure maintains dedicated teams for Fox's sports, news, entertainment, and streaming services, while adopting a cross-portfolio model in operations, technology, and strategy.
- Fox's OneFox platform, which allows cross-portfolio advertising, has seen significant growth, reflecting positive feedback from media buyers on its streamlined approach.