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Steve Koonin parts ways with Turner Entertainment Networks

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MUMBAI: Steve Koonin, the name has become synonymous with Turner, having been with the company for over 14 years. But, news is the president of Turner Entertainment Networks, is leaving the company to take on the role of CEO of the NBA team the Atlanta Hawks.

In his role as president Koonin, was most recently overseeing programming, marketing, scheduling, strategy and operations for the networks TNT, TBS, truTV and Turner Classic Movies. Now, he will be overseeing all business, financial and strategic operations of the Atlanta Hawks and Philips Arena. He will also acquire an equity position within the ownership group, and represent the owners as the head of the organisation.

Turner Broadcasting Systems president David Levy said in a statement: “By now you’ve heard Steve Koonin’s news that he is leaving Turner Broadcasting for an opportunity outside our company. I imagine your feelings on his decision are like mine: mixed. On one hand, I’ll miss Steve’s vision, creativity and leadership at TNT, TBS, truTV and Turner Classic Movies. Their success is a direct result of his professional and personal investment. I know that many of you would use those same words to describe his influence on you and your work. There’s no better tribute than that.”

“In February 2000, I walked into Turner Broadcasting after being invited to run TNT. I was 42 years old, had a full head of brown hair and dreams of taking the consumer lessons I learned from Coca-Cola and apply them to TV. I am truly gratified in saying that TNT, TBS, TCM and truTV have become familiar and beloved brands to TV viewers all over the USA,” said Koonin on the thought of parting ways with Turner. “It is no secret that I have a passionate love of sports, particularly for our local teams. In the past few months, I was invited to become an investor in the Atlanta Hawks. During our investor conversations, it became quickly apparent that the Hawks needed local leadership as well as a face and voice for the franchise. I have accepted the position of CEO and Part-Owner of the Atlanta Hawks. The job is consistent with my desire to make a difference in my community and finish my career in Atlanta.”

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