After more than a decade leading Turner, Phil Kent will step down as CEO at year-end with Time Warner CFO/CAO John Martin succeeding him. Kent, who will become Turner’s chmn during a transitional period next year, described the decision as one he made in the course of many conversations with TWX CEO Bewkes. Read on for more on his replacement and what’s on the horizon for the new Turner CEO.

More top stories in today’s CableFAX Daily:
 
After departing ESPN 16 years ago on less than friendly terms, Keith Olbermann is returning to the network to host a late-night, weekday program on ESPN2 starting Aug 26. Here is what viewers can expect from the show.
 
NCTA is speaking out against “patent trolls,” entities formed for accumulating and suing over the patent rights of others. The association joined several industries in its request to Congress.
 
The FCC is having 2nd thoughts about its handling of the Connect America Fund program. Here is the update.

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Nexstar named Tom Carter pres and COO, effective Oct 1. Carter will maintain his current role as CFO for the foreseeable future, and he also entered a new employment agreement through Dec 31, 2023. –

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