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New Rainbow stripes

Exex shuffled ahead of Cablevision spinoff

NEW YORK — Rainbow Media Holdings has reorganized its executive suite as it awaits its long-delayed spin-off from Cablevision Systems, tapping new management for IFC, AMC and WE cable networks.

Newly appointed entertainment services prexy Ed Carroll takes the helm of all three nets. Carroll had been general manager at IFC and headed up Bravo before it was sold to NBC in 2002.

Carroll developed hits such as Bravo’s “Queer Eye for the Straight Guy” and “Inside the Actors Studio” and IFC’s “Dinner for Five” and “The Ultimate Film Fanatic.”

As part of the reorg, IFC prexy Jonathan Sehring will now report directly to Rainbow topper Joshua Sapan. Under Sehring, IFC was involved in some of the most successful small-budget releases in recent memory, including “My Big Fat Greek Wedding,” “Fahrenheit 9/11” and “Y tu mama tambien.”

Sehring is opening the IFC Center in Gotham’s Greenwich Village early next year.

Kim Martin was appointed general manager of WE: Women’s Entertainment. Martin said the net renewed original programs “Sexy Young Ann,” “Full Frontal Fashion” and “Bridezilla” for another season.

Greg Hill was named distribution prexy, overseeing affiliate sales and marketing for all three nets. Hill is charged with boosting WE’s distribution from its current 56 million; it has holes in some Comcast and Cox cable markets.

Hill helped build Bravo from 8 million households to more than 68 million by the time the net was sold to NBC for $1.25 billion.

Cablevision recently disclosed in a public filing that the spinoff of Rainbow Media, which includes the three cable networks and high-def satcaster Voom, would be delayed into 2005 as it undergoes an 18-month-long SEC probe into its accounting practices.

Sapan gave no update on the timing of the spinoff but said the appointments complete the management team at Rainbow, which will be traded under the ticker symbol RM when its separation from Cablevision is complete.

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