Murdoch Team Takes Over at Triangle Publications

Rupert Murdoch’s News Corp. has completed its $3-billion acquisition of Walter Annenberg’s Triangle Publications Inc. and installed new management at Triangle’s No. 1 asset--TV Guide.

Triangle also publishes the Daily Racing Form, and Seventeen and Good Food magazines.

TV Guide, which is now part of Murdoch Magazines, a unit of New America Publishing, also announced that Joseph W. Cece, director of development for Murdoch Magazines, has been named president of TV Guide. Valerie Salembier, formerly senior vice president-advertising at USA Today, has been named publisher.