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Media Chiefs Put To Pasture - ClassicalLib17 - 10-02-2010
I couldn't see how this would belong on politics so I post this good? news here. I can only guess that the two, progressive-minded, former ceo's of these two entertainment/news organizations lost their jobs because they could not figure out why their viewer ratings are in the toilet. A-h-h, if they had only given me a call a few years ago. Is a regular viewership of 600,000 enough to justify a prime time cable news spot against your main competitor that is number one in the time slot with over 3 million+ viewers? If the government owned the media I wouldn't be asking this question. The discrepancy in the ratings would be solved by removing the show that draws over 3 million viewers nightly.
Media Chiefs Put to Pasture
Two media bigwigs were canned this week in the wake of plummeting ratings and their own questionable decisions. Ailing news giant CNN has confirmed that its president, Jonathan Klein, was given the axe. Klein's most recent blunders included giving a prime-time slot to Client No. 9 (a.k.a. former New York governor Eliot Spitzer), and to fill outgoing Larry King's coveted role with Piers Morgan. Morgan is the former editor of The Mirror, a British paper. Under Morgan, The Mirror was the center of a scandal that involved publishing false pictures of British troops abusing Iraqis. Americans know him primarily as a judge on "America's Got Talent." The wisdom of Klein's choices remains to be seen, but one thing's for sure: He will no longer be at the helm when the verdict comes in. Klein has been under contract with CNN since 2004, with a four-year extension signed in 2007. Apparently CNN didn't want to wait.
The other casualty is NBC Universal head Jeff Zucker. The 45-year-old Zucker was booted by Comcast, which is set to purchase NBC from General Electric this fall. Like Klein, Zucker was also supposedly protected by a contract. Zucker has been with NBC since graduating college in 1986, gradually rising through the ranks to become CEO in 2007. Generally his tenure there is considered a successful one, although his more recent decisions, including the ill-fated attempt to move late-night funny man Jay Leno to the 10 p.m. slot, have been criticized by both others at NBC as well as Comcast. Zucker's replacement has not yet been announced.
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