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Posts Tagged ‘Abbe Raven’

Morning Media Newsfeed: Raven to Retire From A&E | NBC Undecided on Virgin Galactic Series

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A&E Networks Chairman Abbe Raven to Retire (THR)
Cable pioneer Abbe Raven is set to retire. Her last day as chairman of A&E Networks will be Feb. 2. The news comes nearly a year after Raven’s protégé, Nancy Dubuc, was elevated to CEO and Raven to chairman. Deadline Hollywood Dubuc took oversight of the day-to-day operations of the company, while Raven remained in charge of A&E Networks’ long-term business and revenue opportunities, including distribution, as well as public policy initiatives and corporate outreach. A year ago, Dubuc also took over distribution. She will remain president and CEO. Variety Raven’s role as chairman will not be filled. Raven is without question one of key architects of A&E Networks’ growth, particularly in the past 15 years. The company, a joint venture of Hearst Corp. and Disney, is home to some of cable’s most prosperous channels, but as a private concern it is shielded from quarterly earnings scrutiny. Under Raven and Dubuc, A&E has rapidly expanded its domestic and international portfolio, which generates an estimated $3.8 billion in annual revenue. TheWrap Prior to her position as president and CEO, Raven held high level executive roles at the company’s properties A&E Network, The Biography Channel and The History Channel. WSJ The handoff also comes at a challenging time. After setting cable-television ratings records last year with hits like Duck Dynasty on A&E and The Bible on History, the company’s two biggest channels have endured sharp declines this year. A&E’s ratings are down 32 percent so far this year in total viewers and 25 percent in its target demographic of 25- to 54-year olds, while History’s ratings are down 15 percent in both total viewers and those 25 to 54.

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Nancy Dubuc Named President and CEO of A+E Networks

Nancy Dubuc has been named the new CEO of A+E Networks. Dubuc will succeed Abbe Raven, who had been CEO since 1995. Dubuc’s appointment makes her the company’s third CEO in almost 30 years. She most recently served as president of entertainment and media.

“I would like to thank all my colleagues for their continued support as we write this next chapter together,” Dubuc said in a statement. “We have a powerful portfolio of brands that are well-positioned for future growth, both domestically and internationally.”

A+E Networks, which owns the Lifetime and History channels and more, announced that Raven will be moved up to chairman of A+E Networks, a newly created role.

Anne Sweeney Tops THR’s ‘Women In Entertainment Power List’

Disney/ABC Television Group President Anne Sweeney is the most powerful woman in Hollywood according to The Hollywood Reporter‘s 19th annual “Women In Entertainment Power 100” list. It’s the second year in a row she’s topped the list.

The rest of the Top 10:

2. Amy Pascal, co-chairman, Sony Pictures Entertainment
3. Bonnie Hammer, chairman of NBC Universal Cable Entertainment
4. Oprah Winfrey, chairman of Harpo Studios
5. Abbe Raven, president and CEO of A&E Television Networks
6. Stacey Snider, co-chairman and CEO at Dreamworks
7. Donna Langley, co-chairman of Universal Pictures
8. Nina Tassler, president of CBS Entertainment
9. Dana Walden, chairman of 20th Century Fox Television
10. Judy McGrath, chairman of MTV networks

Kinda surprising to see Oprah at number 4, considering she was named the third most powerful woman in the entire world this year by Forbes.

A&E Television Net Acquires Lifetime Entertainment

aetn.jpgA&E Television Networks, which is a joint venture between the Disney-ABC Television Group, Hearst Corp. and NBC Universalhas entered into an agreement to acquire Lifetime Entertainment Services, which will put several cable channels under one management team.

The new parent company, which will be called A&E Television Networks, will now encompass many channels including A&E Network, History, Lifetime Television, Lifetime Movie Network, Bio, History International, Lifetime Real Women, History en Español, Military History and Crime & Investigation Network.

Under the terms of the deal, NBCU can “elect or be required to exit the company over a period of up to 15 years,” reported Broadcasting and Cable. If NBCU exits, Hearst and Disney would become 50/50 partners.

Abbe Raven, president and CEO of A&E, will serve as head of the newly combined company. Lifetime’s CEO Andrea Wong, Nancy Dubuc at the History Channel and Robert DiBitetto at A&E will be keeping their positions, and they will all report to Raven, B&C reported.

via B&C and ABC News