NEW YORK — Ben Silverman will be leaving his job as co-chairman of NBC Entertainment and Universal Movie Studios to head a new venture with Barry Diller's IAC/InterActiveCorp.
NBC named Jeff Gaspin, president and chief operating officer of the company's cable entertainment group, to replace him. Gaspin also will keep his current duties as the new chairman of NBC Universal's television entertainment unit.
IAC said Monday it is forming a new production company led by Silverman that will look to bring advertisers into further into the development process on new media products.
IAC said it will provide an undisclosed amount of initial capital but hopes to spin the venture off into a separate entity.
IAC said Silverman, who started as co-chairman of NBC in June 2007, will continue to have a relationship with the network through its new company.
NBC Universal is a unit of General Electric Co.From:www.google.com
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