Fox consolidating television studio, network

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Associated Press

Posted on July 14, 2014 at 1:03 PM

Updated Monday, Jul 14 at 2:01 PM

NEW YORK (AP) — Fox says Gary Newman and Dana Walden, the two executives who run the company's television studio, will also be in charge of the Fox broadcast network.

The appointment announced Monday aligning 20th Century Fox Television with the network brings back a structure that Fox had for five years, ending a decade ago. There are usually financial benefits to having a studio make programming for a network under the same ownership.

At the same time, Newman and Walden said the studio will continue making programs for other networks, and the network will remain in business with other studios. The two executives worked at the studio for 15 years.

Walden said there were no plans to hire an entertainment president for the network. Kevin Reilly's recent exit from Fox triggered the changes.

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