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Posts Tagged ‘John Martin’

The Evening Ticker: 2020, Food, Mind…

  • Turner Broadcasting, which includes CNN, is embarking on “Turner 2020.” As explained by CEO John Martin, the goal is “to ensure [Turner] is optimized” against strategic priorities, “reducing spending and maximizing growth and profitability.” CapitalNewYork has more.

  • “Restaurant Startup,” the newest addition to CNBC’S reality lineup, features restaurateur and TV personality Joe Bastianich and chef and restaurant operator Tim Love who vie to invest their own money in restaurant concepts. The first of eight one-hour episodes debuts July 8.

  • NBC News’s Peacock Productions has signed a deal with forensic mind reader Colin Cloud to develop a series. Cloud, the self-proclaimed Sherlock Holmes of entertainment, has left people convinced he can read minds and influence outcomes.

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Phil Kent’s Turner Exit Interview: Jeff Zucker ‘Rebuilding’ CNN Fan Base

philip_kentIn an exit interview with Jack Myers, outgoing Turner Broadcasting Chairman Phil Kent credits current CNN Worldwide President Jeff Zucker with rebuilding the network, which Kent once ran, from 2000-2001. “Jeff brings an expanded vision of the network and it’s still the early stages,” Kent says. “He’s rebuilding the fan base and knows it’s a marathon, not a sprint.”

“Jeff believes the role of the network is still to capture the middle, but to do it better. He has re-energized the core of the journalistic force who believe in his leadership. CNN is better today on breaking news [ratings increased with the recent Malaysian aircraft disappearance and Russia's incursion into Ukraine], has hired more producing talent, and expanded the documentary business…

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The Time Warner Ticker: Averill, Cabrera, Lemon

  • CNN anchor Don Lemon will host the 2013 ADCOLOR Awards Sept 19-21, which honor “professionals of color, diversity champions and companies who work together to further diversity and inclusion efforts in the advertising, marketing, media and public relations industries.”

Phil Kent To Step Down as CEO Of Turner Broadcasting, John Martin To Assume Top Role

Phil Kent, John Martin

Breaking: The chairman and CEO of Turner Broadcasting, Phil Kent, will step down from the CEO role when his contract ends next year, he announced in a memo to staff today.

Time Warner CFO John Martin will take over as CEO of the unit on January 1, 2014, with Kent staying on as chairman for a transition period. Time Warner owns Turner Broadcasting, a unit that includes the CNN networks, TBS, TNT, Turner Sports, Cartoon Network and Adult Swim.

“A dozen years is a long run in a top leadership position, particularly in such a dynamic and fast-changing industry as ours,” Kent wrote in a memo to staff today, obtained by TVNewser. “I’m very proud of Turner’s business results over the past decade. But I’m equally proud of the culture that we have built together to foster creativity, collaboration and risk-taking in the pursuit of excellence.”

Martin, like Kent, will report to Time Warner CEO Jeff Bewkes.

“John is one of the most capable and strategically-minded executives I know,” Bewkes said in a statement. “As CFO, he led the design and implementation of our financial strategy that has helped Time Warner deliver superior shareholder returns. But he is also a broad and thoughtful business thinker whose inclusive management style and focus on driving the business forward will fit well with the Turner tradition. I have great confidence he will build on the success Phil has achieved to take Turner to even greater heights.”

More below, including Kent’s letter to staff.

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