The roster of candidates to replace Leslie Moonves as permanent CBS Corp. CEO is beginning to take shape. Former Turner Broadcasting CEO John Martin and newly added CBS board member Richard Parsons have emerged as two top external candidates for the role.
The TV industry continues to evolve and change at a breakneck pace that has only intensified now that the platform and tech giants are part of the competition, investing billions in content.
Hulu CEO Randy Freer signaled that the company could be interested in expanding internationally as it awaits the outcome of the Disney-Fox merger.
In a memo sent to all Turner Broadcasting employees this morning, Turner CEO John Martin said that as part of the company’s “Turner 2020” plan, the company will unveil a new corporate structure “in the next two months.” Martin suggests there will be organizational changes and layoffs across the entire company, which includes CNN, TNT, TBS, Turner Sports and Cartoon Network, among other channels.
Five months into his stint as CEO of Turner Broadcasting System, John Martin is focusing on maximizing performance and trimming fat, which likely means staff changes.
Longtime CEO Phil Kent is stepping down, and Time Warner CFO John Martin will succeed him. Under Kent, Turner branched into original shows and grew sports programming.
Time Warner says the TV advertising market of a few weeks ago wasn’t promising — but the start of 2012 has possibilities. Speaking at the Citicorp Global Entertainment, Media, and Telecommunications event, John Martin, EVP-CFO of Time Warner, called the ad market “mixed” — although the first quarter is looking up.