You will be redirected back to your article in seconds

Turner Taps Consultancy to Build Ventures Around TBS, TNT


Time Warner’s Turner has acquired a strategic-consulting firm that it will use to develop new strategies and business ideas around two of its biggest operations, TBS and TNT.

The company said it had acquired the advisory business of BRaVe Ventures, a group that has helped Turner develop its new ad-sales offerings over the past two years. The co-founding partners of that firm, David Beck and Jesse Redniss, will spearhead a business-strategy unit and report to Kevin Reilly, president of TBS and TNT and chief creative officer for Turner Entertainment. Beck and Redniss will serve as Chief Strategy and Ventures Officer and Chief Innovation Officer, respectively.

Financial terms of the pact were not disclosed.

“We have benefited from the expertise of David and Jesse in both business development and consumer experience over the past year,” said Reilly, in a prepared statement. “With the guys now exclusively in our corner we can accelerate the evolution of TNT and TBS.”

The hires underscore ongoing efforts across the media sector, which is working furiously to engage a rising generation of consumers who embrace new behaviors – including binge-watching and on-demand video – that are not as easily monetized as traditional TV viewing.

Prior to BRaVe, Beck worked for Univision, where he served as senior Vice President and head of social media, among other functions. Prior to Univision, he was employed by  strategy consulting firm Bain & Company, where he worked with companies such as Comcast and American Express. He received his MBA from the MIT Sloan School of Management, and his BA from Tufts University.

Redniss spent more than eight years as senior vice president  of digital at USA Network. Prior  to co-founding BRaVe Ventures, he was the chief strategy officer leading media relationships at Spredfast, a social-media marketing company.

More TV

  • ATLANTA -- "Alligator Man" -- Season

    Our Staff Picks: TV Shows to Watch the Week of Feb. 26, 2018

    Time Warner’s Turner has acquired a strategic-consulting firm that it will use to develop new strategies and business ideas around two of its biggest operations, TBS and TNT. The company said it had acquired the advisory business of BRaVe Ventures, a group that has helped Turner develop its new ad-sales offerings over the past two […]

  • Fireworks light up the sky during

    TV Ratings: Winter Olympics Hit Back-to-Back Lows in Final Days

    Time Warner’s Turner has acquired a strategic-consulting firm that it will use to develop new strategies and business ideas around two of its biggest operations, TBS and TNT. The company said it had acquired the advisory business of BRaVe Ventures, a group that has helped Turner develop its new ad-sales offerings over the past two […]

  • Cinema Audio Society 2018 Winners: 'Dunkirk,'

    'Dunkirk,' 'Game of Thrones' Win Cinema Audio Society Awards for Sound Mixing

    Time Warner’s Turner has acquired a strategic-consulting firm that it will use to develop new strategies and business ideas around two of its biggest operations, TBS and TNT. The company said it had acquired the advisory business of BRaVe Ventures, a group that has helped Turner develop its new ad-sales offerings over the past two […]

  • 'Seven Seconds' TV show premiere

    Regina King Talks Heaviness of Role in 'Seven Seconds'

    Time Warner’s Turner has acquired a strategic-consulting firm that it will use to develop new strategies and business ideas around two of its biggest operations, TBS and TNT. The company said it had acquired the advisory business of BRaVe Ventures, a group that has helped Turner develop its new ad-sales offerings over the past two […]

  • John Oliver Lawsuit Dismissed: 'Last Week

    John Oliver Victorious: Coal CEO's Defamation Suit Dismissed

    Time Warner’s Turner has acquired a strategic-consulting firm that it will use to develop new strategies and business ideas around two of its biggest operations, TBS and TNT. The company said it had acquired the advisory business of BRaVe Ventures, a group that has helped Turner develop its new ad-sales offerings over the past two […]

  • Baz Luhrmann

    Olympic Figure Skating Revives 'Moulin Rouge' and Baz Luhrmann Is Loving It (EXCLUSIVE)

    Time Warner’s Turner has acquired a strategic-consulting firm that it will use to develop new strategies and business ideas around two of its biggest operations, TBS and TNT. The company said it had acquired the advisory business of BRaVe Ventures, a group that has helped Turner develop its new ad-sales offerings over the past two […]

  • UnReal Athena Film Festival

    How Trump Beating Clinton Impacted the Gender Politics of 'UnReal' Season 3

    Time Warner’s Turner has acquired a strategic-consulting firm that it will use to develop new strategies and business ideas around two of its biggest operations, TBS and TNT. The company said it had acquired the advisory business of BRaVe Ventures, a group that has helped Turner develop its new ad-sales offerings over the past two […]

More From Our Brands

Access exclusive content