×

Fuse Media President, CEO Michael Schwimmer Resigns

Fuse Media president and CEO Michael Schwimmer is stepping down. Schwimmer’s last day at Fuse will be April 12. Mike Roggero, COO & CFO of Fuse, has been named interim CEO.

“I have spent nearly 16 years working closely with this incredible company, its board, executive team and some of the most talented people in media and entertainment, and am very proud of what we have built together,” Schwimmer said. “I am excited about what’s next, both for myself and with Fuse, and glad to know that the company is in the excellent hands of a strong executive team under the leadership of Mike Roggero – someone who has played a large role in setting Fuse up for future success.”

Schwimmer joined the company’s first board of directors after shepherding Dish Network’s original investment into the start-up SíTV Media in 2003, which launched the SíTV cable network in 2004. He became CEO in 2005, overseeing the network’s growth and rebrand to NUVOtv in 2011, and the following year, establishing a partnership with Jennifer Lopez, including a multi-faceted collaboration with her company, Nuyorican Productions.

In 2014, he spearheaded the company’s $226 million acquisition of Fuse from the Madison Square Garden Company, resulting in the creation of Fuse Media. Most recently, he launched Fuse Docs and Fuse Films: series that showcase documentaries and independent films, respectively; created the short-form focused Fuse Content Studio and spearheaded a unique partnership with Complex Networks; and formed a partnership with UnidosUS, reviving the organization’s ALMA Awards as its exclusive multiplatform media home.

“Michael’s grit and determination over the years – often in the face of long odds – have been a key ingredient to our culture and our success,” said Roggero. “We’ll greatly miss his steady hand and sense of humor.”

As chief operating officer and chief financial officer for Fuse Media, Roggero has overseen the company’s multiplatform operations, finance, legal, pricing and planning and technology departments, and is responsible for the company’s relationships with the investment and analyst community.

Previously, Roggero was a group executive with Reed Business Information, a division of Reed Elsevier, where he managed the turn-around of a portfolio of international publishing businesses and served as COO for the company’s eLogic, Inc. subsidiary. He has held executive positions at The Walt Disney Company as well as at PepsiCo and Paramount Pictures. He holds a Bachelor of Science in Business Administration from the University of Southern California, where he graduated as a member of Beta Gamma Sigma, and a Masters of Business Administration from The Wharton School at the University of Pennsylvania.

More TV

  • An Emmy statue stands outside the

    How to Watch the 2019 Emmy Nominations

    Ken Jeong and D’Arcy Carden are gearing up to present 71st Primetime Emmy Awards nominations, and cord cutters can still tune in to find out who might take home TV’s top honors. The nomination ceremony will begin on Tuesday at 8:30 a.m. PT/ 11:30 a.m. ET from the Saban Media Center in Los Angeles. Jeong [...]

  • NBC News - Quibi

    NBC News to Produce Two Daily Shows for Jeffrey Katzenberg’s Quibi

    NBC News has joined Quibi’s ambitious bid to build a mobile subscription TV service. NBCUniversal’s news division plans to build a custom set at 30 Rock where it will produce daily morning and evening newscasts, seven days per week, for Quibi, the well-funded mobile video startup from chairman Jeffrey Katzenberg and CEO Meg Whitman. The [...]

  • David Harbour Comedy Special 2019

    TV Review: 'Frankenstein's Monster's Monster, Frankenstein'

    One thing the new mockumentary “Frankenstein’s Monster’s Monster, Frankenstein” does quite well is prove that there are perks to appearing on a streaming service’s signature hit. David Harbour, the stolid and familiar presence from Netflix’s “Stranger Things,” is given the opportunity to cut loose here with a broad, loopy half-hour that feels a bit like [...]

  • BAFTA headquarters at 195 Piccadilly, London

    BAFTA Undertakes Major Renovation of Its London Headquarters

    BAFTA has undertaken a major renovation of its London headquarters that will double the building’s capacity and increase space devoted to the British academy’s programs to promote skills training and new talent. Work has already begun on the $31 million overhaul, which is expected to take two years. In the interim, BAFTA will relocate its [...]

  • Picture shows: MAKING OF - Underwater

    Netflix Orders 'Oceans' Natural History Series From 'Blue Planet II' Creator

    Netflix has ordered a multi-part natural history series on the world’s oceans from Freeborne Media, the production outfit of acclaimed natural-history producer James Honeyborne, who created “Blue Planet II.” Each of the series’ episodes will focus on a different ocean, “combining the disciplines of oceanography, geography and earth sciences to experience these characteristics in new [...]

  • 13 REASONS WHY

    Netflix Revises Controversial '13 Reasons Why' Suicide Scene

    Netflix has edited the controversial suicide scene from “Thirteen Reasons Why” two years after the show originally premiered. “We’ve heard from many young people that ’13 Reasons Why’ encouraged them to start conversations about difficult issues like depression and suicide and get help—often for the first time,” Netflix said in a statement Monday. “As we [...]

  • Russell Tovey on His 'Arrogant and

    Russell Tovey on His 'Arrogant and Heroic' 'Years and Years' Character

    SPOILER ALERT: Do not read if you have not yet watched the fourth episode of “Years and Years.” Russell T. Davies’ limited series “Years and Years” began with a birth, but it did not wait until the finale to book-end the story with a death. In the fourth episode of the multi-year spanning family drama, [...]

More From Our Brands

Access exclusive content