Microsoft’s Nancy Tellem Joins MGM Board, Replacing Peter Liguori

Nancy Tellem

Former CBS exec joined Microsoft last year

Microsoft exec Nancy Tellem has replaced Peter Liguori on the board of  MGM.

Liguori left The Lion’s board after becoming the CEO of Tribune Co. earlier this year.

MGM topper Gary Barber made the announcement during a call with investors on Wednesday.

Tellem, former president of CBS Entertainment, joined Microsoft last year as president of entertainment and digital media to  oversee creation of a new studio charged with creating interactive content for the Xbox 360.

MGM Holdings also reported Wednesday that second quarter revenues had increased by nearly three times over the 2012 quarter  to $339 million, compared with $128.4 million, thanks to the James Bond title “Skyfall” and “The Hobbit: An Unexpected Journey.”

The privately-held studio reported second-quarter earnings of $36 million, down from $42.1 million in the year-ago quarter, which included a one-time gain from an asset sale. Without that gain, earnings were up $30 million for the quarter.

 

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading