NEW YORK — Top Fox Kids Worldwide programmer Margaret Loesch is ankling the kidvid supplier, as expected, after months of negotiations on an exit agreement. But it’s believed that a non-compete clause, extending for at least several months, will keep her from accepting several job offers.
Fox confirmed she’ll leave the company, effective today, following her move last July to vice chairman from president of predecessor Fox Kids Network, removing her from day-to-day programming responsibilities. In effect, the merger of Fox Kids and Saban Entertainment under Saban chairman Haim Saban crowded out Loesch, who has built Fox Kids’ weekday and Saturday morning schedule — launched in 1990 — into the top-rated kids broadcast venue.
Loesch has been the subject of several approaches said to have been made by rival kids programmers, including Disney/ABC; Warner Bros. Television Animation and the Kids WB weblet; and Universal Television. But no formal negotiations have taken place pending the outcome of her Fox exit agreement.
Loesch called her Fox tenure a “remarkable and gratifying experience,” but wasn’t available to comment on her future plans. Saban already has hired Rich Cronin, former G.M. at Viacom’s Nick at Nite, to assume Loesch’s former programming role at Fox Kids and its newly acquired Family Channel.