The New York Post continues its excellent reporting on Prometheus Global Media, the parent company of The Hollywood Reporter, AdWeek, and Billboard, with news of an internal memo informing top-tier staff that CEO Richard “Mad Dog” Beckman is surrendering day-to-day managerial duties to his boss, chairman Jimmy Finklestein. All apparently so Beckman can focus on a new branded entertainment unit.
The Post also slants the piece, with help from unnamed insiders, to suggest that the move is a likely prelude to Beckman permanently stepping away from his CEO post. Not so fast, Beckman insists. Reached for follow-up by TheWrap, he refuted the read:
Said Beckman; “I am the CEO, I was the CEO and I will continue to be the CEO.”