Former Fox Television Group Chairman-CEO Gary Newman has secured a new role at the investment firm Attention Capital following his exit from the broadcaster. Newman and former Alexander Wang CEO Lisa Gersh have joined Attention Capital as executive partners. They will advise the company’s three founders on companies they’re seeking to invest in and will consult on business operations for portfolio companies.
Fox’s hot ratings start is more complex than a simple infusion of NFL viewership on Thursday nights. With sports numbers excluded, Fox was the only network in the second week of the season to show no declines from week one, posting a 1.7 in the demo, finishing above CBS and ABC, and placing just one tenth of a point behind NBC. The implication is that, so far, Fox’s entertainment programming strategy — built with football in mind — has yielded success, according to Fox Television Group Co-Chairman Gary Newman.
Gary Newman is in negotiations with 21st Century Fox to remain with the company and lead Fox Broadcasting through an anticipated transition period. Sources close to the executive have confirmed to Variety that Newman is in the final stages of talks to remain with so-called “New Fox” after the company’s mega-deal with the Walt Disney Co. is finalized. Disney’s acquisition of the bulk of Fox’s entertainment assets — including 21st Century Fox Television, the studio that Newman has run with longtime executive partner Dana Walden for nearly two decades — is expected to be completed next year.
Fox TV Group chairmen and CEOs Dana Walden and Gary Newman on Thursday outlined more of the vision for “New Fox”, the Fox Broadcast Co. after its sister studio 20th Century Fox TV, along with other key 21st Century Fox assets, move to Disney in the pending acquisition. “We want to be [studios] first choice among the four networks,” Walden said. “We will be the only network to be operating completely independently. It will have the ability to pick up the best shows without any studio agenda.”
The Fox network will continue to carry scripted entertainment programming after the anticipated split of the 20th Century Fox studio from its Fox Broadcasting Co. sibling. That was the word from Fox Television Group CEOs Gary Newman and Dana Walden as they gamely fielded questions from reporters about the impact of Disney’s acquisition of 21st Century Fox assets on the operations of the TV studio and network.
Among those honored at Wednesday’s ceremony in Miami Beach were AMC Networks’ Josh Sapan, YouTube’s Susanne Daniels, Univision’s Randy Falco, multihyphenate Eva Longoria and Fox’s Gary Newman and Dana Walden.
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Six honorees will receive their awards at a reception scheduled for Jan. 18 at the Fontainebleau Hotel in Miami Beach.
Gary Newman threw two jabs at CBS during Fox’s Monday afternoon upfront event — and then Homer Simpson followed up with a haymaker. In addition, Homer Simpson had his boss’s back in a hilarious taped segment.
Now that longtime production-studio vets Dana Walden and Gary Newman have been placed over the operations of TV’s iconoclastic Fox network, Wall Street will also be sure to raise an eyebrow. What Newman and Walden will have to demonstrate is an unerring ability to find a home at Fox for concepts developed at the 20th Century Fox production studio, generate the biggest amount of publicity for them on one of the biggest media platforms in the United States and then monetize them more readily at a time when streaming-video players are crying out for content.
Gary Newman and Dana Walden, the long-serving CEOs of production powerhouse 20th Century Fox TV, will take on oversight of Fox Broadcasting in a restructuring that elevates the duo to the post of chairman-CEOs of Fox Television Group. Walden and Newman, who have jointly run the TV studio since late 1999, will continue to steer the 20th Century Fox TV group, which production subsidiaries including Fox TV Studios and Fox 21, in addition to now overseeing all aspects of the Fox broadcast network.