About us
Subscribe
Advertise
Contact us
Tipster
Write
to the editor
Press releases
 


WB's Petrick: I guess
I'll just mosey on

Goosed aside with Ancier's return. Third wheel.

 

   Over the past six months, WB president and chief operating officer Jed Petrick has been like the third person on a blind date meant for two. 
  At some point, you get uncomfortable and want to leave. Petrick, long uncomfortable, is leaving.

   Passed over last fall for a promotion and shuttled behind WB co-CEO Jordan Levin after nine years at the network, Petrick said yesterday that he will leave the WB in April, two years before his contract is up.

   The decision wasn’t the surprise that Fox chief Sandy Grushow’s exit just one day before was.
  The only similarity is that both executives made their decisions to leave as 2003 was ending.
   Petrick had been weighing his departure since the reorganization last fall that saw the return of the network’s founding entertainment president, Garth Ancier, as chairman.

   Shortly after, WB founder Jamie Kellner said he would exit in May and named then-entertainment president Levin his successor, with the two of them sharing the CEO post until then.
   Petrick, the network’s original head of ad sales who rose to president and COO in 2001, understandably felt left out, especially considering his long relationship with Kellner, with whom he has worked at Fox, along with Ancier.
   Under the structuring, Petrick began reporting to Levin.

    Petrick asked Levin in late December to be let out of his contract early, and Levin agreed.

   Petrick’s main credits at the WB were bringing the Japanese cartoon sensation “Pokemon” to the network and working deals with affiliate stations to run WB repeats in a two-hour block Sunday nights, which helped balance programming costs.

    Yet Petrick exits at a rather distressing time for the WB. After a very strong performance last year, the network is down 16 percent season to date among adults 18-49 and 7 percent among households.

It faces major programming deficits, with all of its new comedies struggling and drama “Tarzan” canceled less than two months into its run, and scheduling difficulties, with this year’s revamp of Tuesday and Wednesday nights netting only viewer drain.

   The network has not said whether it will replace Petrick, and with Ancier, Levin and Kellner wedged in at the top right now, it may not have to any time soon.

 


January 7, 2004© 2004 Media Life


 


Printer Friendly Version  |  Send to a Friend
Cover Page | Contact Us

Click here to add the Media Life home page to your favorites!