Bloomberg News

News Corp. Executive Greg Clayman Is Said to Leave for Vimeo (1)

October 18, 2013

News Corp. executive Greg Clayman, once publisher of the company’s defunct digital newspaper the Daily, has left for a position with the video-sharing site Vimeo, according to executives with knowledge of the matter.

Clayman, who oversaw News Corp. (NWSA:US)’s digital efforts, departed within the past few weeks, according to two people who asked not to be named because they weren’t authorized to speak publicly. His title at Vimeo, part of Barry Diller’s IAC/InterActiveCorp (IACI:US) holding company, will be general manager of audience networks, another person said.

With the closing of the Daily, Clayman’s role changed. In December, the company said he would share responsibility for News Corp.’s digital strategy and investments with Chief Technology Officer Paul Cheesbrough.

Ashley Huston, a spokeswoman for New York-based News Corp., publisher of the Wall Street Journal, declined to comment. Bloomberg LP, the parent of Bloomberg News, competes with News Corp. in providing financial news and hosting conferences.

Vimeo, a video-sharing service, has more than 14 million registered users. It hosts user-supplied clips and gets revenue from subscription fees and advertising.

Like all newspaper publishers, News Corp. is seeking to increase its digital revenue amid a decline in readership and print advertising. The company recently said it will sever ties with conference and website AllThingsD and invest in the Wall Street Journal’s conference and technology coverage.

To contact the reporters on this story: Jonathan Erlichman in New York at jerlichman1@bloomberg.net; Edmund Lee in New York at elee310@bloomberg.net

To contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net; Anthony Palazzo at apalazzo@bloomberg.net


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  • NWSA
    (News Corp)
    • $15.57 USD
    • 0.09
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  • IACI
    (IAC/InterActiveCorp)
    • $62.37 USD
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    • 0.88%
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