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20th Centruy Fox TV executives to take oversight of Fox network

C

crackedscreen

After weeks of speculation, it appears that that 21st Century Fox is closing in on a deal for 20th Century Fox TV chairmen Dana Walden and Gary Newman to take oversight of sibling TV operation Fox, filling a void at the top of the network left by the departure of chairman Kevin Reilly in May.

There were several kinks to work out, including who reports to whom. As studio heads, Walden and Newman report to Chase Carey, president and chief operating officer of 21st Century Fox, while Reilly reported to Fox Networks Group president Peter Rice. I hear in the new structure, Walden and Newman will likely report to Rice. It has been a decade since Sandy Grushow, the last Fox executive overseeing both the network and the studio. NBC’s Bob Greenblatt and ABC’s Paul Lee also oversee both their network and its sibling studio, though neither studio is on the scale of 20th TV, an established major supplier to all networks. Walden and Newman have run 20th TV for 15 years, first as presidents, then as chairmen, recently also adding CEO to their titles.
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http://www.deadline.com/2014/07/dana-walden-gary-newman-fox-network-oversight/
 
Things have gone a bit further since the initial report.

Fox has announced a company restructuring, forming a new unit called Fox Television Group. This unit will combine the Fox network with sibling studio, 20th TV.

The consolidation under Walden and Newman ends a period of discord between Fox and its sister studio, which continues to provide the network’s best performing scripted series, dramas Bones and Sleepy Hollow, live-action comedy New Girl and animated stalwarts Family Guy and The Simpsons. There have been a number of instances in the past few years when Fox’s pickup choices hurt 20th TV’s bottom line, like the network’s decision not to order a second of the studio’s big-ticket dinosaur drama Terra Nova, which was a strong seller internationally, the 2011 last-minute pickup of Warner Bros. TV’s Alcatraz over two high-profile 20th drama pilots, Exit Strategy starring Ethan Hawke and Locke & Key, both produced by Sleepy Hollow’s Alex Kurtzman and Bob Orci. Last year, Fox ordered no new drama series from 20th TV, opting instead for WBTV’s The Following and Sony TV’s The Mob Doctor.

Meanwhile, there was some trepidation among rival networks that they may no longer have access to 20th TV’s best projects, which could be steered to Fox, a network in dire need of a ratings turnaround.
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