TORONTO – Former CanWest Global CEO Leonard Asper has bought a piece of The Fight Network and has assumed the title of CEO of the category two specialty channel.
In a memo to staff on Wednesday afternoon, GM Anthony Cicione said that in addition to a “significant ownership stake”, Asper becomes the channel’s CEO effective immediately.
“Leonard brings experience and his valuable relationships to the table and has solidified our management team in his new role as CEO effective immediately”, Cicione’s note reads. “He is very enthusiastic about the future of TFN and plans to re-energize our overall business plan, which includes investment in capital, programming, marketing, sales and digital media.”
As for the well-documented battle over the company’s ownership, the memo said: "The CRTC has approved our ownership change; our legal and financial issues are now behind us and we are now ready to take TFN to the next level.
