FX's Ligouri Elevated to CEO

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Fox Cable Networks Group promoted FX president Peter Ligouri to president and
CEO of FX Networks as part of a new five-year agreement between the two
parties.

Ligouri will continue to oversee all business and programming operations for
FX and Fox Movie Channel, as well as spearhead future efforts to develop and
launch future networks under the Fox Cable Networks Group banner, group
president and CEO Jeff Shell said.

Shell also confirmed several cost-cutting initiatives at Fox Cable due to the
recent economic downturn, including a hiring freeze and a halt to personal,
nontrade magazine subscriptions.

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