Lawrence Jacobs

Last updated
Lawrence Jacobs
Born
Lawrence A. Jacobs

(1955-05-04) 4 May 1955 (age 68)
Pennsylvania, United States [1]
Alma mater Temple University
Brooklyn Law School
Occupation(s)General counsel of Las Vegas Sands, lawyer, executive, businessperson
SpouseHannah Jacobs

Lawrence "Lon" A. Jacobs (born May 4, 1955) is the Chief Legal Officer, Executive Vice President and Global General Counsel of the Las Vegas Sands. [2] Up until 2011, Jacobs served as the Group General Counsel and Senior Executive Vice President of News Corporation. [3]

Contents

Biography

Early life and education

Jacobs grew up in Bucks County, Pennsylvania. [4]

He graduated from Temple University summa cum laude in 1978 and Brooklyn Law School cum laude in 1981. [4] [5] Jacobs is an adjunct professor at his alma mater Brooklyn Law School. [6] His curriculum as of the Spring 2012 semester is a Media Law and Policy Seminar. [7]

Jacobs has been a member of the Bar of the State of New York since 1982. [8]

News Corporation

Jacobs joined News Corp. in 1996 as deputy to Arthur Siskind, whose position he took over in 2004 when Siskind stepped down and announced his retirement. [9]

Most notably, Jacobs was responsible for the acquisitions of MySpace, Dow Jones and DirectTV during his tenure as General Counsel. [10]

His salary in 2007 was $4.1 million. [11]

Resignation

On June 8, 2011, Jacobs announced that he would be stepping down from his position as General Counsel at News Corp. in order to "pursue new opportunities." [12]

Jacobs' resignation came when he approached the company Chief Operating Officer Chase Carey to inform him that News Corp. was in breach of his contract; chairman & CEO Rupert Murdoch was using former New York City Schools Chancellor, and newly appointed News Corp. executive, Joel Klein, who joined the company in November 2010, for legal counsel instead of himself. [13] He was released from his multimillion-dollar contract with News Corp. with four years remaining on it. [13]

There are numerous reports regarding the cause for Jacobs' sudden departure, though it is rumored that Jacobs left due to being the top legal officer during the time of the News International phone hacking scandal, [14] as well as friction with Klein. [15]

Despite such speculation as to Jacobs' reasoning for leaving, it is not known that Jacobs had any involvement in or knowledge of the News of the World phone hacking. [16]

Empire State Development

Jacobs currently serves on the board of multiple organizations. On April 1, 2013, he officially began his position as General Counsel of Empire State Development, a public authority of the state of New York that finances and operates several ambitious state projects. [17] Jacobs left after seven months to join Time Inc.

Time Inc.

On November 1, 2013, Jacobs returned to the private sector, joining Time Inc. as it began its transformation from a publishing house into a media corporation, all while being spun off from its parent company, Time Warner. [18] Jacob played an important role in the company's transition into a public corporation. [19]

Personal life

Jacobs is a Democrat. He was a supporter of Hillary Clinton's 2008 presidential campaign. [4] [10] Jacobs also endorsed Hillary Clinton in the run-up for the 2016 U.S. presidential election. [20]

He lives with his wife Hannah and their two daughters on the Upper West Side of New York City. [4] Jacobs youngest daughter is intellectually disabled. [21]

Philanthropy

Jacobs is involved in many philanthropic efforts including those that grant educational opportunities for people from underprivileged backgrounds. [12] Because of this involvement, he has been associated with numerous organizations.

In March 2008, Jacobs was honored for his work with the JCRC and was awarded the Corporate Leader Award. He was presented with the award by his colleague, Fox News President and CEO Roger Ailes. [22] [23]

Jacobs was the honoree at the Cooke Center for Learning and Development on April 27, 2009, where he received the Cooke's Founders Award. He spoke out against discrimination directed towards people with disabilities. Jacobs has been a fervent supporter of disability awareness. He is against the misuse of the word "retard" because of its offensive connotation towards people with special needs. [21] Jacobs was honored while he was Chairman of the Cooke Center Board of Directors.

In May 2011, Jacobs, along with New York Giants quarterback Eli Manning and George Hornig, was honored by College Bound Initiative, run by Ann Rubenstein Tisch, for their 10th anniversary ceremony. Jacobs was recognized for his work with organizations in order to further his mission to offer a higher education to people of all income levels. [24] [25]

In November 2011, Jacobs was honored with his wife Hannah, who is a disability advocate, and Woody Allen by Resources for Children with Special Needs. Mr. Jacobs was acknowledged for his work with Special Olympics for creating a PSA for the Spread the Word to End the Word campaign. [26]

See also

Related Research Articles

<span class="mw-page-title-main">Rupert Murdoch</span> Australian-born American business magnate (born 1931)

Keith Rupert Murdoch is an Australian-born American business magnate, investor, and media proprietor. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including in the UK, in Australia, in the US, book publisher HarperCollins, and the television broadcasting channels Sky News Australia and Fox News. He was also the owner of Sky, 21st Century Fox, and the now-defunct News of the World. With a net worth of US$21.7 billion as of 2 March 2022, Murdoch is the 31st richest person in the United States and the 71st richest in the world according to Forbes magazine.

<span class="mw-page-title-main">News Corporation</span> American media company (1980–2013)

The original incarnation of News Corporation was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New York City. Prior to its split in 2013, it was the world's largest media company in terms of total assets and the world's fourth largest media group in terms of revenue, and News Corporation had become a media powerhouse since its inception, dominating the news, television, film, and print industries.

<span class="mw-page-title-main">News UK</span> British newspaper publisher

News Corp UK & Ireland Limited is a British newspaper publisher, and a wholly owned subsidiary of the American mass media conglomerate News Corp. It is the current publisher of The Times, The Sunday Times, and The Sun newspapers; its former publications include the Today, News of the World, and The London Paper newspapers. It was established in February 1981 under the name News International plc. In June 2002, the company name was changed to News International Limited, and on 31 May 2011, to NI Group Limited, and on 26 June 2013 to News UK.

<span class="mw-page-title-main">James Murdoch</span> British media executive

James Rupert Jacob Murdoch is a British-American businessman. He is the younger son of media mogul Rupert Murdoch and the former chief executive officer (CEO) of 21st Century Fox from 2015 to 2019.

<span class="mw-page-title-main">Viet D. Dinh</span> American lawyer

Viet D. Dinh is a Vietnamese-born American legal scholar who is on the board of Strategic Education. He is also the Chief Legal and Policy Officer of Fox Corporation where he leads all legal, government and regulatory and government affairs. He served as an Assistant Attorney General of the United States from 2001 to 2003, under the presidency of George W. Bush. Previously, Dinh was a partner at two leading law firms, Kirkland & Ellis LLP and Bancroft PLLC, the latter of which he founded. Born in Saigon, in former South Vietnam, he was the chief architect of the USA PATRIOT Act and is a former member of the Board of Directors of News Corporation.

News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. News Corp Australia employs more than 8,000 staff nationwide and approximately 3,000 journalists however News Corp Australia has closed approximately 100 newspapers and cut approximately 500 jobs in Australia since 2019.

<span class="mw-page-title-main">Joel Klein</span> American lawyer

Joel Irwin Klein is an American lawyer and school superintendent. He was the Chancellor of the New York City Department of Education, the largest public school system in the United States, serving more than 1.1 million students in more than 1,600 schools. He was succeeded by Cathie Black in January 2011.

<span class="mw-page-title-main">William Lewis (journalist)</span> British newspaper publishing executive

Sir William John Lewis is a British media executive and was formerly chief executive of Dow Jones & Company and publisher of The Wall Street Journal. Earlier in his career he was known as a journalist and then editor.

Arthur Siskind is an American lawyer and businessperson. He has been an executive director of the News Corporation since 1991. He served as their group general counsel from March 1991 until December 2004. He was succeeded by Lawrence Jacobs. Siskind remains on News Corporation's board of directors and continues to serve the company as senior advisor to the chairman.

Leslie Frank Hinton is a British-American journalist, writer and business executive whose career with Rupert Murdoch's News Corporation spanned more than fifty years. Hinton worked in newspapers, magazines and television as a reporter, editor and executive in Australia, the United Kingdom and the United States and became an American citizen in 1986. He was appointed CEO of Dow Jones & Company in December 2007, after its acquisition by News Corp. Hinton has variously been described as Murdoch's "hitman"; one of his "most trusted lieutenants"; and an "astute political operator". He left the company in 2011. His memoir, The Bootle Boy, was published in the UK in May 2018, and in the US under the title An Untidy Life in October of the same year.

<span class="mw-page-title-main">News International phone hacking scandal</span> Media scandal

The News International phone hacking scandal was a controversy involving the now-defunct News of the World and other British newspapers owned by Rupert Murdoch. Employees of the newspaper engaged in phone hacking, police bribery, and exercising improper influence in the pursuit of stories.

The News Corporation scandal involves phone, voicemail, and computer hacking that were allegedly committed over a number of years. The scandal began in the United Kingdom, where the News International phone hacking scandal has to date resulted in the closure of the News of the World newspaper and the resignation of a number of senior members of the Metropolitan Police force.

In mid-2011, out of a series of investigations following up the News of the World royal phone hacking scandal of 2005–2007, a series of related scandals developed surrounding other News Corporation properties—where initially the scandal appeared contained to a single journalist at the News of the World, investigations eventually revealed a much wider pattern of wrongdoing. This led to the closure of the News of the World on 10 July 2011, an apology by Rupert Murdoch in an advertisement in most British national newspapers, and the withdrawing of News Corporation's bid to take over the majority of BSkyB shares it did not own.

The News Corporation takeover bid for BSkyB was a proposed takeover of British Sky Broadcasting (BSkyB) by News Corporation, the media conglomerate of Rupert Murdoch. The bid was launched in June 2010 but was withdrawn in July 2011 following the News International phone hacking scandal. News Corporation already owned 39.1% of BSkyB and held onto its stake following the collapse of the takeover bid. The takeover was an essential part of News Corporation's business strategy, not least as it would have made possible integration with other entities such as Sky Deutschland and Sky Italia. The Guardian went so far as to say that, "Without a full takeover of BSkyB, News Corp's global satellite strategy would look an unco-ordinated mess."

The news media phone hacking scandal is a controversy over illegal acquisition of confidential information by news media organizations that reportedly occurred in the United Kingdom, the United States and Australia between 1995 and 2011. This article includes reference lists for various topics relating to that scandal.

This article provides a narrative beginning in 1999 of investigations by the Metropolitan Police Service (Met) of Greater London into the illegal acquisition of confidential information by agents in collaboration with the news media that is commonly referred to as the phone hacking scandal. The article discusses seven phases of investigations by the Met and several investigations of the Met itself, including critiques and responses regarding the Met's performance. Separate articles provide an overview of the scandal and a comprehensive set of reference lists with detailed background information.

Phone hacking by news organizations became the subject of scandals that raised concerns about illegal acquisition of confidential information by news media organizations in the United Kingdom, the United States and Australia between 1995 and 2012. The scandal had been simmering since 2002 but broke wide open in July 2011 with the disclosure that a murdered teenage girl's mobile phone had been hacked by a newspaper looking for a story. The scandals involved multiple organizations, and include the News of the World royal phone hacking scandal, the News International phone hacking scandal, the 2011 News Corporation scandals, and the Metropolitan Police role in the News International phone hacking scandal.

<span class="mw-page-title-main">Media coverage in conjunction with the news media phone hacking scandal</span>

This is a chronological list of key newspaper articles that made significant new public disclosures about the illegal acquisition of confidential information by news media companies.

References

  1. ↑ Rupert Murdoch’s Right-Hand Man Archived 2017-11-13 at the Wayback Machine Super Lawyers. Retrieved June 2011.
  2. ↑ "Las Vegas Sands Hired Time Inc GC and Other Moves". Bloomberg Law . Retrieved 1 September 2016.
  3. ↑ "News Corporation Executives". News Corporation . Retrieved 11 December 2010.
  4. 1 2 3 4 Harper, Timothy (December 2008). "Rupert Murdoch's Right-Hand Man". Super Lawyers. Retrieved 23 June 2011.
  5. ↑ "Group General Counsel Arthur M. Siskind To Retire At Year-End And Be Succeeded By Lawrence A. Jacobs". News Corporation . Retrieved 17 June 2011.
  6. ↑ "Adjunct". Faculty Directory. Brooklyn Law School . Retrieved 13 January 2012.
  7. ↑ "Curriculum". Media Law and Policy Seminar. Brooklyn Law School . Retrieved 13 January 2012.
  8. ↑ "Lawrence A. Jacobs Profile". Forbes . Archived from the original on February 10, 2009. Retrieved 17 June 2011.
  9. ↑ "Movers and shakers: Eugenie Turton's gateway to the Wates board". The Daily Telegraph . 4 November 2004. Retrieved 11 December 2010.
  10. 1 2 Lieberman, David (8 June 2011). "Surprise At News Corp: General Counsel Lawrence Jacobs Leaves". Deadline Hollywood . Retrieved 2 December 2011.
  11. ↑ Steffens, Miriam (8 September 2007). "News Corp executives pocket $112m". The Age . Retrieved 11 December 2010.
  12. 1 2 "Lawrence A. Jacobs to Step Down as Senior Executive Vice President, Group General Counsel of News Corporation". News Corporation . Retrieved 31 July 2011.
  13. 1 2 Sherman, Gabriel (4 November 2011). "How Elisabeth Murdoch is Trying to Finally Get Her Due". New York Magazine . Retrieved 30 November 2011.
  14. ↑ Peters, Jeremy W. (8 June 2011). "General Counsel of News Corp. Resigns in Wake of Settlement". The New York Times . Retrieved 16 June 2011.
  15. ↑ Flint, Joe (9 June 2011). "News Corp. general counsel is leaving after 15 years". Los Angeles Times . Retrieved 16 June 2011.
  16. ↑ Pilkington, Ed (7 July 2011). "Murdoch under pressure to contain phone hacking scandal within the UK". The Guardian . Retrieved 31 July 2011.
  17. ↑ "Jacobs' Twitter Page". Twitter. Retrieved 25 April 2013.
  18. ↑ Burton, Lucy (1 November 2013). "Legal changes at TIME as News Corp veteran steps in prior to spinoff from Time Warner". The Lawyer. Retrieved 30 December 2013.
  19. ↑ "Time Inc. Builds Senior Management Team and Reorganizes Editorial Operations". Reuters. 31 October 2013. Archived from the original on 1 January 2014. Retrieved 31 December 2013.
  20. ↑ Brendan, J. International Business Times February 10, 2016.
  21. 1 2 "Cooke Board Chairman Takes Strong Stand Against Discrimination at Cooke Spring Gala". Cooke Center for Learning and Development. Retrieved 15 January 2012.
  22. ↑ Boxer, Tim (2008). "JCRC - Doctor's Advice To A Wife Can Be Lethal To Her Hubby". 15 Minutes Magazine. Retrieved 15 January 2012.
  23. ↑ Leon, Masha (11 April 2008). "CUNY Chancellor Matthew Goldstein Honored by JCRC". The Jewish Daily Forward . Retrieved 15 January 2012.
  24. ↑ "College Bound Initiative Celebrates 10 Years". MyFox New York . 6 May 2011. Retrieved 15 January 2012.
  25. ↑ Delevingne, Lawrence (May 2011). "Hedge funders boost New York City non-profit CollegeBound Initiative". Philanthropy Is. Retrieved 15 January 2012.
  26. ↑ "Thank you from RCSN--2011 Fall Gala". Resources for Children with Special Needs Inc. Retrieved 15 January 2012.
Business positions
Preceded by General Counsel of News Corporation
2004-2011		Succeeded by
Gerson Zweifach
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.