Chase Carey

Chairman Rupert Murdoch was optimistic about the advertising outlook for News Corp., which reported earnings of $875 million. He also called the iPad "a real game-changer in the presentation of news" at the earnings call.

For Chase Carey, News Corp.'s new president and chief operating officer, the math in the media business is pretty simple these days: Getting paid one way is good. Getting paid two ways is better. Whether it's broadcast television, newspapers or Internet video, the key to survival is supplementing...

Why would anyone running his own company jump ship to take a dead-end No. 2 job at a smaller shop? That's the mystery surrounding Chase Carey's imminent move from DirecTV (DTV), where he's been CEO since 2003, to News Corp. (NWS), where, according to The Wrap, he's expected to take over from...