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Cronin Steps Down as GSN Head

Jul 10, 2007  •  Post A Comment

Rich Cronin resigned as president and CEO of GSN after six years, effective at the end of July.
After completing a five-year contract, Mr. Cronin re-signed for a one-year deal. During the past year, sources said, he negotiated a substantial long-term bonus from the network, which is owned by Liberty Media Corp. and Sony Pictures Television.
A successor is expected to be named by the end of this month.
Mr. Cronin said it was the right time for him to move on. “Life is short and you don’t want to do that same thing forever,” he said. “We have a fantastic team in place.”
He said he was looking at entrepreneurial opportunities as well as jobs with existing media and online companies that would take advantage of his experience in both realms.
Under Mr. Cronin, the cable service formerly known as the Game Show Network grew from a game show rerun outlet with 31 million subscribers into a network with original shows, interactive programming and a Web site loaded with varied games.
Mr. Cronin said he will continue to help guide the management transition, meeting with cable operators and advertisers. He will attend the Television Critics Association press tour in Los Angeles, where GSN will be showing off its new program “Without Prejudice?,” as well as the CTAM convention in Washington.
(Editor: Horowitz)

16 Comments

  1. Good luck Rich in your next endeavor. It’s been a long time since we have been in touch as I left Bristol-Myers Squibb about 5 years ago folloowing the sale of Clairol to P&G., You were just starting your new position at GSN at that same time. I am trying to get back into the adveretising business as I made a career change to insurance sales 4 years ago but gave that up this past May.
    Best regards,
    Pete Fredas

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