Former Discovery Networks U.S. president Johnathan Rodgers was named
president and CEO of the upstart African-American-targeted network co-owned by
Comcast Corp. and Radio One Inc.
Radio One president and CEO Alfred Liggins said Rodgers has an "incredible
track record" in operating top-quality, financially successful television
ventures, referring to Rodgers' six-year tenure at Discovery, during which he
helped to launch Animal Planet and relaunch Travel Channel.
Rodgers will oversee the day-to-day operations of the network, in which
Comcast and Radio One will each hold stakes of less than 40 percent.
Comcast and Radio One are looking for more financial backers, although
executives from both companies wouldn't comment on prospective investors.
As a result of the search, the network's launch date -- initially slated for
June -- has been pushed back to late 2003 or early 2004, sources