Dana Walden, Gary Newman Near Deal to Lead Fox Network

Dana Walden, Gary Newman Near Deal to Lead Fox Network

TCA 2014: Announcement expected soon

20th Century Fox Television co-chairs Dana Walden and Gary Newman are close to a deal to lead Fox Broadcasting as well.

The deal would see the two continuing their partnership, but expanding it from the studio to include the Fox Broadcasting Company. The news follows Kevin Reilly's exit as the head of the network.

Also read: Dana Walden Doesn't Want Kevin Reilly's Job, Sets Sights on Bigger Fox Role (Exclusive)

There is a precedent for the studio and network to have the same leadership: Sandy Grushow headed both the Fox network and Fox studios in the late 1990s.

Fox is widely expected to announce its new leadership before its presentation next Sunday to the Television Critics Association summer press tour.

Also read: Kevin Reilly Exits Fox Right in the Middle of Transforming TV

In May, people with knowledge of Dana Walden's thinking told TheWrap that Walden wasn't interested in moving over to the network to replace Reilly, because she saw it as a lateral move. But the new arrangement would allow her and Newman to expand their roles without surrendering the jobs they do now.

The network and studio declined to comment.

News of the new deal was first reported by Variety.