Restructure at Turner Broadcasting

ATLANTA, January 16: Mark Lazarus is leaving Turner
Broadcasting System (TBS) as part of a senior management restructure, placing
Steve Koonin, David Levy and Stuart
Snyder in charge of individual business units, reporting directly to Phil
Kent, the chairman and CEO of TBS.

“These changes further empower three executives whose
respective and collective businesses are critical components of our company,”
said Kent. “Steve, David and Stu are close colleagues whose individual leadership
and professional collaboration have significantly increased the profile and
value of Turner’s multiplatform media brands. In elevating them to the
senior-most positions within their divisions, we recognize the continuing
positive impact of their success on our company, on Time Warner and on our
industry.”

Koonin, as president of Turner Entertainment Networks, is
responsible for TBS, TNT, Turner Classic Movies and truTV. To his oversight of
programming, marketing, scheduling, strategy, operations and other core
business functions, he adds advertising sales and marketing for those
properties and Peachtree TV, the Atlanta broadcast platform that launched in
October 2007.

Levy, the newly named president of Turner Broadcasting
Sales, will lead sales strategy and operations across the Turner U.S. portfolio
of entertainment, animation and news networks and businesses, working closely
with Koonin, Snyder and Jim Walton, the president of CNN Worldwide. He
continues to oversee ad sales for sports and entertainment digital businesses,
and remains president of Turner Sports, responsible for all sports programming,
production, ad sales and marketing and league relations.

Snyder, now president and COO of Turner Animation, Young
Adults & Kids Media, is responsible for programming, marketing, scheduling,
strategy, operations, advertising sales and marketing and consumer products
supporting Cartoon Network, Boomerang, Adult Swim and their digital extensions.
He also oversees GameTap, Super Deluxe and the division’s animation production
facilities in Atlanta and Los Angeles.

Previously, Koonin, Levy and Snyder reported to Mark
Lazarus, whose post as president of Turner Entertainment Group has been
eliminated.

—By Mansha Daswani