Showtime is getting a new CEO. According to The Hollywood Reporter, current Chairman and CEO Matt Blank “will continue to serve as chairman, part of a multi-year deal,” while David Nevins, “who was elevated to Showtime president last year, takes full reins of the network on Jan. 1. At that point, Nevins will add all business functions to his existing oversight of programming, with all senior management reporting to him. Per his expanded role, Nevins’ contract also has been extended through the end of 2018.”
Showtime is part of CBS Corp., and CBS CEO Leslie Moonves told THR in part, in a statement, “Matt Blank has led Showtime as its chairman and CEO through two decades of dramatic change and evolution in the industry. At each and every turn, he has shown terrific instincts and knowledge of the business. His patience, energy and dedication were central to building Showtime into the powerhouse it is today.”
About Nevins, Moonves said, in part, “David is quite simply one of the most brilliant creative minds in our business today, and a great business manager as well, a combination that is both rare and incredibly valuable.”
Writes Variety, “Blank is among the TV industry’s longest-serving CEOs. He’s a pillar of New York’s television community and one of the most respected execs in the business. A true cable pioneer, Blank spent a dozen years at HBO before joining Showtime as head of marketing in 1988. He was upped to CEO in 1995.”
Last year Blank was TVWeek’s Cable Television Executive of the Year. To see that interview, please click here.