News Corp launches prestige division as Nick Smith exits

News Corp has unveiled a restructure of its mastheads which will see the company’s premium newspaper and magazine brands fall into the same division for the first time.

The Australian will now sit with the company’s magazine brands licensed from Conde Nast International – Vogue Australia, Vogue Living and GQ – as part of the News Prestige Network.

Then move coincides with the departure of former GQ editor Nick Smith after more than a decade with News Corp “to take on a new career opportunity in the UK”. It also comes days after chief digital officer Nicole Sheffield left the organisation. And the company also revealed the move of SBS sales chief Andrew Cook to join News Corp.

The company has expanded the News Prestige Network, which it launched eight months ago, into a fully fledged publishing division as part of the changes. The division will be run by The Australian’s current CEO Nicholas Gray.

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