Fox and NBC vet Kevin Reilly is nearing a deal to oversee Turner Broadcasting's two biggest entertainment brands, according to a person familiar with the situation.
An announcement that Mr. Reilly will oversee TNT and TBS is expected as soon as this week, as first reported by Variety.
In the role, Mr. Reilly, who most recently served as entertainment chairman at Fox, will be responsible for overseeing all content development, business affairs and production, marketing, brand and creative services, digital platforms, program scheduling, planning and content-monetization strategies, according to the person.
Turner lost two key executives in the matter of months earlier this year. In April, Steve Koonin, president, Turner Entertainment Networks announced his departure, and in August, Michael Wright said he was stepping down as president, programming for TNT, TBS and TCM.
Mr. Reilly's job will be broader than Mr. Wright's, according to the person, and he will report to Turner President David Levy.
This comes as Turner implements layoffs as part of its "Turner 2020" initiative. The company plans to eliminate about 1,500 positions, having already cut jobs at CNN and HLN.
Turner declined to comment.