Original Media CEO exits, True bosses in

Original Media is saying goodbye to CEO Daniel Laikind, with the founders of sister prodco True Entertainment taking the reins.

Steven Weinstock and Glenda Hersh have been named co-presidents and co-CEOs of the Endemol Shine North America-owned producer. They will also have the same job titles at True, the Endemol Shine company they created in 2000.

Both prodcos, which are based in New York, will continue to operate separately with their own development and production teams.

Laikind will serve as a consultant to Original during a transition period. He had been CEO since January last year, after former boss Charlie Corwin was promoted to co-CEO and co-chairman of Endemol North America, which recently became Endemol Shine North America.

Weinstock and Hersh are behind series such as Bravo’s The Real Housewives of Atlanta and ID’s Vanity Fair Confidential, while Original is best known for Swamp People and Ink Master.

Endemol acquired Original in 2007, five years after Corwin founded the prodco.

“Our company has always been one to invest in and promote strong talent from within, a philosophy both of us have benefitted from,””said Corwin and Endemol Shine North America co-chief exec and chairman Cris Abrego, who also sold his company 51 Minds to Endemol.

“Glenda and Steven have successfully built True Entertainment into one of the most respected production companies in our industry and they are perfectly suited to add oversight of Original Media’s talented development and production teams and roster of hit series.”