Schleiff Expected to Depart Court TV After Time Warner Acquisition

May 3, 2006  •  Post A Comment

Court TV CEO Henry Schleiff is expected to leave the network after it is acquired by Time Warner, executives at the network said Wednesday.

Time Warner CEO Richard Parsons confirmed during the company’s quarterly earnings conference call Wednesday that Time Warner is working with Liberty Media to complete a deal for full ownership of Court TV. Liberty owns the 50 percent of the network that Time Warner doesn’t already own.

Court TV is likely to become part of Time Warner’s Turner Broadcasting. Cost-cutting is expected, and some functions now handled by Court TV will be folded into Turner’s operations.

Mr. Schleiff was in Washington late Wednesday attending a party to open an office for Court TV and did not return e-mail requests for comment.

Mr. Schleiff was brought in by Time Warner and Liberty as CEO after an unwieldy three-way ownership structure involving Time Warner, Liberty Media and NBC was unwound. Unlike network founder Steve Brill, Mr. Schleiff embraced entertainment at the network, acquiring crime-oriented series such as “Homicide” and “NYPD Blue.” That strategy raised ratings and revenues at the network.

Executives said more information about management changes at the network was likely to be available Thursday.