×
You will be redirected back to your article in seconds

Mark Burnett Extends Contract as MGM TV Chief Through 2022

Mark Burnett has extended his contract to remain head of MGM’s television operations through 2022.

As part of the new pact, Burnett has been promoted to chairman of MGM’s Worldwide Television Group. Burnett previous deal was believed to expire in 2020.

“Mark is a one-of-a-kind creative individual with an incredible eye for talent and content and a long track record of success,” said Kevin Ulrich, CEO of Anchorage Capital Group and chairman of MGM’s board of directors. “We are confident that under Mark’s leadership, MGM Television’s best days are ahead.”

On Burnett’s watch, MGM has revved up activity in the scripted and unscripted realm with such shows as Hulu’s “The Handmaid’s Tale,” Epix’s “Get Shorty,” Audience Network’s “Condor,” Fox’s “Beat Shazam,” and CBS’ upcoming reality-competition series “TKO,” hosted by Kevin Hart. The Lion has also made acquisitions of unscripted production companies Evolution Media and Big Fish Entertainment, adding a roster of cable reality series to complement Burnett’s strength in broadcast TV with CBS’ “Survivor,” NBC’s “The Voice,” and ABC’s “Shark Tank.”

“In the past four years at MGM we have renewed all our television franchises and have added a lot of new hits,” Burnett said. “This is the most fun I have had in my career and I know we will continue to build on these successes. I believe so strongly in the future of MGM and the team that surrounds me and it was important for me to extend my involvement well into the future. “

A 12-time Emmy winner, Burnett was named head of MGM Television and Digital in late 2015, after MGM acquired his One Three Media banner in two transactions in 2014 and 2015. He continues to oversee MGM’s digital operations.

More Biz

  • Korea's CJ CGV Switches Turkey CEOs

    Korea's CJ CGV Switches Turkey CEOs as It Battles With Local Industry

    Yeun Seung-ro has been appointed as CEO of CGV Mars Entertainment, the Korean-owned company that operates Turkey’s largest cinema chain. He replaces Kwak Dong Won, another veteran of the CJ-CGV group. The change of personnel may reflect two ongoing battles within the Turkish film industry. CJ-CGV, which bought Mars for some $650 million in 2016. [...]

  • China Video Streaming Giant iQIYI Loses

    Chinese Video Giant iQIYI Loses $1.3 Billion in 2018

    Chinese video streaming firm iQIYI lost over $1.3 billion in 2018, as revenues and subscriber numbers ballooned. The deepening losses reflected ever higher spending on original content production. Announcing its first full-year financials since a March IPO that launched it onto the NASDAQ, iQIYI said that it lost $1.3 billion (RMB9.1 billion) last compared with [...]

  • Lisa Borders Time's Up

    Time's Up CEO Resigned After Son Was Accused of Sexual Assault

    Time’s Up has announced in a statement posted to Instagram that its former president and CEO Lisa Borders, who resigned Feb. 18, did so after her son was accused of sexual assault in a “private forum.” “Within 24 hours, Lisa made the decision to resign as President and CEO of Time’s Up and we agreed [...]

  • Louis Tomlinson Signs With Arista (EXCLUSIVE)

    Louis Tomlinson Signs With Arista (EXCLUSIVE)

    One Direction’s Louis Tomlinson has signed with Arista, sources tell Variety. While the singer was formerly linked with Epic Records in 2017, he is signed directly to Simon Cowell’s Syco label and will move within the Sony Music family to Arista. Tomlinson teased a new single on Feb. 2, posting on Twitter, “Just heard the [...]

  • Jussie Smollett

    Jussie Smollett's Bail Set at $100,000, Must Surrender Passport

    UPDATED: A Chicago judge set a $100,000 bond for Jussie Smollett on Thursday, as the “Empire” actor made his first court appearance. Smollett faces one felony count of filing a false police report. Police allege that Smollett staged a Jan. 29 attack, telling detectives that he was accosted by two men who used racial and [...]

  • Michael Jackson Estate Accuses HBO of

    Michael Jackson Estate Sues HBO for Non-Disparagement Contract Breach

    The estate of Michael Jackson sued HBO on Thursday, accusing the cable channel of violating a non-disparagement clause by agreeing to run “Leaving Neverland,” a documentary accusing Jackson of sexual abuse. The suit seeks to compel HBO to litigate the matter in a public arbitration process, and claims that the estate could be awarded $100 [...]

More From Our Brands

Access exclusive content