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March 30, 2009
Report: Jonathan Miller to Run NewsCorp's Digital Unit
AOL's former Chief Executive Jonathan Miller has been approached by NewsCorp to head up their digital unit, according to reports. Miller is under a non-compete agreement with AOL, but that expires within days. The agreement prevented Miller from joining Yahoo!'s expanded board, a compromise with investor Carl Icahn last summer during the Microsoft acquisition aftermath.
Currently, Miller is a partner at investment firm Velocity Interactive Group. He left AOL in 2006. Last fall, it was rumored that he wanted to buy Yahoo, but it turned out he was raising funds for Velocity, not a Yahoo purchase.
NewsCorp is the parent company of MySpace. They also have an investment in fast-rising online video site, Hulu.
Posted by Nathania Johnson on March 30, 2009 11:42 AM
