Veteran NBC Exec Set to Run ‘American Idol’ Parent Company

Dec 23, 2011  •  Post A Comment

The firm that holds a majority stake in “American Idol,” “So You Think You Can Dance” and a number of other entertainment properties is close to tapping former NBC executive Marc Graboff to lead the company, reports the New York Post.

Graboff left NBC last month as head of its West Coast operations, part of an exodus of network executives after Comcast bought the entertainment company, the piece notes. He is reportedly close to taking the position with content and rights firm CKX.

The current chief executive of CKX, Michael Ferrel, will be leaving the company after helping private-equity firm Apollo Management take it private last summer, the story adds.

Apollo considered several other candidates, including Sirius President Scott Greenstein, former Blockbuster director Jules Haimovitz and AMC cable network executive Charles Collier, the story says.

CKX’s holdings include licensing rights to Elvis Presley and Muhammad Ali. The company became an owner of “American Idol” and other properties when it bought the British firm 19 Entertainment from Simon Fuller in 2005.

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