Execs on the Ascent ahead of spinoff
EmptyAscent Media Group, a collection of companies offering postproduction and media services, is getting ready for its next chapter.
John Malone's Discovery Holding Co. is preparing to spin off wholly owned subsidiary AMG, along with Discovery Networks, into an independently traded company by early summer. Malone will be the new venture's controlling shareholder.
In advance of the spinoff, AMG has appointed Hewlett-Packard exec Tom Kuehle as senior vp digital services. He will head product and business development for AMG's Digital Services Group and spearhead corporate marketing and strategic development activities.
Kuehle will report to AMG CEO Jose Royo, who explained that AMG is being restructured around four business units, including Kuehle-headed digital services.
Robert Solomon, most recently president of creative services, is moving into a company-wide position as executive vp strategic development, responsible for growth initiatives including investments and acquisitions.
Instead of having one head of the creative services unit, three executives now will report to Royo. Leading colorist/Company 3 president and creative services senior vp Stefan Sonnenfeld will lead efforts in feature film and commercial business, Bill Romeo will lead entertainment TV as senior vp and Richard Andrews will lead media services as senior vp. (partialdiff)