In the latest shakeup at TV conglomerates, Channing Dungey, president of entertainment at ABC, is stepping down after just two years on the job.
Media megadeals and the #MeToo movement are reshaping the makeup of TV empires' top brass. Over the past few weeks, Walt Disney and what will remain of Fox after its deal with the Mouse House is complete have been unveiling their starting lineups.
Dungey joins executives such as Ben Sherwood, president, Disney/ABC TV Group and co-chair of Disney Media Networks, and Ed Erhardt, ESPN ad sales veteran, as executives leaving the company once the deal closes.
Behemoths like Disney and the broadcast networks are reinventing themselves to better compete with the Netflixes of the world, putting these leaders on the front lines of identifying content that will resonate with viewers (no matter where they watch), the best way to deliver it, and figuring out how to monetize that content.
When the music stops, 2019 will be dominated by a race toward innovation, as each conglomerate carves out a niche in the evolving ecosystem.
Contributing: Anthony Crupi