Ross Levinsohn resigns as the Fox Interactive Media President

News Corp. has confirmed that their Internet division president Ross Levinsohn has resigned from his position in the company.

He would be replaced by his cousin, Peter Levinsohn who is currently working in the company as the president of Fox Entertainment digital media.

Ross Levinsohn is credited for getting News Corp. to acquire popular Internet social network MySpace and games Web network IGN Entertainment.

Levinsohn said in a statement that he would now move on to pursue other ventures.

Peter Chernin, News Corp. chief operating officer spoke about his resignation: “At this point in evolution, Peter’s adept leadership, keen knowledge of the complexities of the digital space and ability to work skillfully across multiple business lines makes him the ideal person to lead this important asset into the future.”

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