The other shoe has dropped at WarnerMedia, with word emerging Thursday that Turner chief David Levy is leaving. The news landed on the same day that HBO chief Richard Plepler also announced his exit. The two longtime executives have both been squeezed as the AT&T-owned company reconfigures its executive suite and refines its plans for an ambitious new streaming service launching by the end of the year.
Turner President David Levy picked perhaps the perfect venue, Las Vegas, to offer his bullish predictions about the future of sports betting. Levy said this change in the legal landscape is a boon for sports broadcasters like Turner, allowing them to capitalize on new experiences and revenue opportunities. “Here’s what we know about sports betting,” Levy said in remarks Wednesday at CES. “If you bet on a game, you’re 80% to 90% more likely to watch the event. If you’re more engaged, guess what happens to ratings? Ratings will go up.”
Fox Networks Group (FNG) today appointed David Levy, the COO and co-founder of true[X], executive vice president, non-linear revenue. In his new position, Levy will lead the team responsible for non-linear sales, monetization strategy and operations at FNG. He will report to Joe Marchese, president of advanced advertising products, with whom he founded true[X], a […]
TBS President David Levy at NATPE: “We produce content for digital and television. The one area we are concerned about is mobile. Impressions are skyrocketing. Penetration is huge. But we have to get to a point with advertisers where we figure out how to monetize it.”
In addition to continuing to oversee sales and domestic revenue, David Levy will now oversee all creative business activity for the company’s domestic entertainment portfolio.