Cablevision Systems taps Tad Smith
Named president, local media, effective Sept. 1NEW YORK -- Cablevision Systems said Wednesday it has named Tad Smith president, local media, effective Sept. 1. Reed Elsevier recently announced a replacement for Smith in his most recent post as U.S. CEO of the information provider's business-to-business arm Reed Business Information.
Smith will oversee a newly created Local Media group, which Cablevision said it is establishing "to more effectively organize its local media and programming assets under one business unit."
The unit includes Newsday Media Group, News 12 Networks and other programming and interactive ventures the company said it is developing.
Smith will report to Cablevision COO Tom Rutledge.
"For the past decade, Tad has successfully transformed traditional print businesses of significant scale and complexity into high-performing new media assets," said Rutledge. "He is the ideal executive to build on Cablevision's commitment to local content as a key differentiator and value add for our customers by leading the creation of a new platform/business model that we believe will deliver enormous value to our subscribers, advertisers and communities."