1 December 2012 7:15 AM, PST | Deadline TV | See recent Deadline TV news »

This is a story that the Wall Street Journal had better have right: The paper reports this morning that its managing editor, Robert Thomson, will become CEO of the still-unnamed publishing company that News Corp will create next year in a spin off. Next week the company plans to announce Thomson’s appointment and the elevation of his deputy, Gerard Baker, to replace him as managing editor of the Journal, the paper says citing “people familiar with the matter.” The company also may announce other senior appointments and board members, as well as a name for the publishing company, but final decisions haven’t been made. CEO Rupert Murdoch said in October that he would announce the leadership plans by year-end. Last year The New Yorker‘s Ken Auletta described Thomson as “perhaps Rupert Murdoch’s only close friend. The two men are both from Australia, are married to Chinese women, »

- DAVID LIEBERMAN, Executive Editor

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