Latest in CEO

EXCLUSIVE: Chicken Soup for the Soul Entertainment, which filed for Chapter 11 bankruptcy protection on Saturday, has installed a new CEO and board of directors. Bart Schwartz, whose business career has not included any significant media or entertainment experience, is stepping in to replace Bill…

Paramount Global’s unorthodox Office of the CEO, which started as a presumed placeholder, is turning into a longer-term fixture poised to once again reshape the tempest-tossed company. Consisting of three top Paramount execs – George Cheeks, Chris McCarthy and Brian Robbins – the Office replaced Bob…

Tegna, one of the top local TV station owners in the U.S., says former NBCUniversal and Google exec Michael Steib will succeed David Lougee as CEO in August. After leaving his post as president, CEO and director, Lougee will become a senior advisor to the company. Lougee, 65, became CEO in 2017…

UPDATED Nov. 20 with news of new roles: Sam Altman, who was ousted last Friday as CEO of ChatGPT parent OpenAI, is moving to Microsoft to help lead a new group researching artificial intelligence. The news was announced in the overnight hours by Microsoft CEO Satya Nadella, who noted that the company…

Lionsgate CEO Jon Feltheimer’s compensation rebounded to prior levels in fiscal 2023, reaching $21.5 million. In the most recent fiscal year, the exec’s pay totaled $5.6 million, down sharply from $19.2 million in fiscal 2021. The company disclosed the figures as part of a proxy filing with the…

Starz CEO Jeff Hirsch said the long-in-the-works separation of the premium linear and streaming programmer from Lionsgate’s studio unit will be a boost to both entities. “I don’t think the Starz story is as clear as it could be because we’re part of a bigger company,” he said during an appearance at…

EXCLUSIVE: Indie distributor Brainstorm Media is keeping it in the family with the selection of its new CEO. Michelle Shwarzstein is taking the reins of the company founded in 1995 by her father, Meyer Shwarzstein. Before being elevated to CEO, she had spent more than a decade running Brainstorm’s…

Tubi has appointed former Vimeo chief Anjali Sud as CEO. Sud will assume her new role on September 1, reporting to Paul Cheesbrough, CEO of Tubi Media Group. Her appointment follows a shuffle last spring that saw Tubi founder and former CEO Farhad Massoudi depart the company and Cheesbrough take the…

Disney CEO Bob Iger said the linear TV business “may not be core” to the company, and efforts are under way to explore a number of strategic options for them. He also criticized SAG-AFTRA and the WGA for demands that are not “realistic” in their respective labor fights with the AMPTP, adding that the…

GQ magazine has removed an article about Warner Bros. Discovery CEO David Zaslav from its website after the company objected to the article. The unflattering piece by freelance film critic Jason Bailey appeared Monday. It catalogued a number of moves by Zaslav — particularly decisions at Warner Bros…

Perry Sook, who has led Nexstar Media Group from humble beginnings two-plus decades ago to its current status as the top owner of TV stations and the parent of The CW, made $39.3 million in 2022. The CEO’s total compensation package included a $33 million stock grant, according to an SEC filing. Sook…

Independent entertainment studio MRC has promoted longtime exec Scott Tenley to CEO. Tenley had been serving as Chief Business Officer for the company, which has backed film and episodic projects including Knives Out, Poker Face and Ozark. The former corporate entertainment attorney arrived at MRC 16…