CBS is combining its domestic and international distribution activities into a single unit and has promoted Armando Nuñez to run it following the departure of long-serving exec John Nogawski.
The new CBS Global Distribution Group (CBSGD) combines CBS Studios International (CBSSI) with CBS Television Distribution (CBSTD).
Nuñez, previously president of CBSSI, has been named president and chief financial officer for CBSGD. Nogawski, currently president of CBSTD, will leave after almost 30 years with the company, once the transition to the new set up is complete.
CBS credited Nuñez’s time atop the international division with revenue growth of over US$1bn in the last three years and and expansion into territories including Singapore, EMEA, the UK, India and Australia. He has also led digital deals with the likes of Netflix and Hulu.
“Armando has always been one of the best – admired and respected by clients and colleagues alike,” said CBS president and CEO Les Moonves. “With this newly created position, we have one of the industry’s best global thinkers maximizing the value for our current hits and vast library.”
Under the new structure, the heads of both CBSTD and CBSSI will report directly to Nuñez, who joined the company in 1999, rising to president of international in 2004.
“Our business is increasingly looking at program distribution and content value through a global lens,” said Nuñez. “From hit network shows to syndication franchises to a deep and diverse library, no one has bigger and better content than CBS.”