Ebay exec will lead Rupert Murdoch’s real estate charge

Los Angeles /
Jan.January 08, 2020 04:10 PM
David Doctorow and Rupert Murdoch

David Doctorow, a senior executive at eBay, will be the new CEO of Move Inc., the News Corp. subsidiary that operates Realtor.com.

Effective Feb. 3, Doctorow will take the helm from and report to Tracey Fellows, who is News. Corp’s president of global digital real estate.

“David is a thoughtful, dynamic leader with vast experience in contemporary digital commerce, and thus the ideal individual to take charge at Move,” News Corp. CEO Robert Thomson said in a statement. At eBay, Doctorow was head of global growth, and he previously led marketing and strategy at Expedia.

Rupert Murdoch’s News Corp. edged its way into the real estate listings space in 2014, when it acquired Move Inc., the parent Realtor.com, for $1 billion. It’s been directly taking on Zillow, taking out ads touting its greater reach.  The company said in a statement that Realtor.com’s number of unique visitors has doubled since the acquisition.

In November, Realtor.com said it would be moving into offering “adjacencies,” such as mortgages as the overhaul of its lead generation platform continues. But unlike Zillow and other newer players, it has so far stayed out of the burgeoning iBuying space, describing it as too capital-intensive.

“What the hell does Zillow mean?” Murdoch said at a 2015 gathering of real estate agents in Midtown. “We know what ‘realtor’ means.” –TRD Staff


Related Articles

arrow_forward_ios
Rendering of the Sea Breeze project and Los Angeles City Hall (Getty)

Developer admits to campaign donations scheme tied to Sea Breeze apartment project

Developer admits to campaign donations scheme tied to Sea Breeze apartment project
Six Peak's Director of Development Derek Sanders and the development site (Six Peak, Google Maps)

Six Peak Capital affiliate plans 110-unit apartment in Westlake

Six Peak Capital affiliate plans 110-unit apartment in Westlake
Gov. Gavin Newsom (Getty, iStock)

State’s new Covid restrictions target in-person shopping

State’s new Covid restrictions target in-person shopping
8771 Washington Blvd. (Google Maps, iStock)

Apple snags Culver City offices, warehouses in $162M deal

Apple snags Culver City offices, warehouses in $162M deal
Photo illustration of L.A. County Public Health Director Dr. Barbara Ferrer (Getty)

Food fight: Judge grills LA County on outdoor dining ban

Food fight: Judge grills LA County on outdoor dining ban
Councilmember Bob Blumenfield and Unibail-Rodamco-Westfield CEO Christophe Cuvillier with a rendering of the project (URW, Promenade 2035)

Unibail-Rodamco’s $1B Promenade 2035 project gets approved

Unibail-Rodamco’s $1B Promenade 2035 project gets approved
Priscilla Presley and her Beverly Hills estate (Getty, Redfin)

Priscilla has left Beverly Hills: King of Rock’s widow sells estate

Priscilla has left Beverly Hills: King of Rock’s widow sells estate
Photo illustration of Dr. Barbara Ferrer and Mayor Eric Garcetti (Getty)

As Covid surges, City of LA issues stay-at-home order

As Covid surges, City of LA issues stay-at-home order
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...