“The baton is being passed at Bunim-Murray Prods., the company that helped birth the modern reality TV business with the creation of MTV’s ‘The Real World,'” Variety reports.
The report says co-founder and Chairman Jonathan Murray is stepping down from his executive role to concentrate on producing, with President Gil Goldschein receiving a promotion to chairman and CEO.
“Murray said his decision has been a long time coming. As his 60th birthday approaches this year, he realized he’d spent nearly 30 years building up the company he founded in 1987 with his late producing partner Mary-Ellis Bunim, who died in 2004,” the publication reports.
Murray told Variety: “I always had this push and pull of really wanting to be as close to the product as possible and yet gradually I found myself with bigger and bigger company. When you’re a producer you’re always worried about where your next job was going to come from. Mary-Ellis and I were fortunate that after our third year together we came up with ‘The Real World,’ and the phenomenal success of that show allowed us to build a company.”