Yahoo News David Nevins Exits As CEO Of Peter Chernin’s The North Road Company
David Nevins is departing as CEO of The North Road Company after less than a year.
Having joined Peter Chernin’s media company during the WGA strike and on the eve of the SAG-AFTRA strike, Nevins had to navigate a rocky marketplace amid industry contraction which has led to a major pullback in buying. Likely impacted by that, The North Road has not been able to make a mark in the scripted space over the past year.
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“David is a gifted creative media executive who brings a passion for quality to everything he does,” Chernin said. “Its been a pleasure working with him the last year at North Road and we wish him all best in his next endeavors.“
Nevins acknowledged that The North Road, which has been focused largely on company acquisitions, including most recently Jason Hehir’s Little Room Films and a stake in Questlove & Black Thought’s Two One Five Entertainment, was not “a perfect strategic fit,” hinting a potential return to his roots as a TV producer and network executive.
“I enjoyed my time with North Road and working with the exceptional creative team, and I especially appreciated working alongside Peter Chernin who is one of the greats of this business, but as I look at what I want to do with the next phase of my career, this role wasn’t a perfect strategic fit,” he said. “I’m looking forward to pursuing other opportunities that will surely include making the kind of cutting-edge, quality, commercial television I love — as the industry continues to pivot I am incredibly excited about all the emerging creative possibilities.
Longtime head of Showtime, Nevins was Chairman and CEO of Paramount Premium Group and Chief Creative Officer of Paramount+ Scripted Series, before leaving the company is fall 2022 and subsequently joining The North Road. He also is known for his tenures as President of Imagine Television and EVP Programming at Fox and over the tears has played a key role in the development such series as Malcolm In the Middle, Arrested Development, 24, Homeland and Billions.
Founded in 2022 by Chernin, The North Road Company encompasses Chernin Entertainment, the scripted TV and film business formed in 2010; Red Arrow Studios’ U.S. assets (Kinetic Content, Left/Right, and 44 Blue Productions) and Words + Pictures.
The news of Nevins’ exit was first reported by Variety.
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