Jeff Henry, UK chief executive of Hallmark TV has reportedly left the channel after its purchase by a conglomerate group, led by former chief executive of Five, David Elstein.
The deal, said to be worth £127 million, saw private equity groups 3i and Providence Equity Partners back Elstein’s acquisition of the Hallmark Channels international operations (see
Elstein Buys Hallmark Channel’s International TV Operations).
Henry has been with Hallmark TV for five years, running the European, Middle East and African operations, and is said to be leaving the company in about six weeks after rejecting an offer to stay, according to a report in the Guardian.
Elstein has now become chairman of the group and according to a spokeswomen ‘will be acting chief executive until such a time as the new management team is announced.”
Related Links
