Epix CEO Mark Greenberg Steps Down

Move follows MGM’s $1 billion buyout of premium channel


Epix president and CEO Mark Greenberg is exiting.

Epix executive vice president of programming, strategy and enterprises Monty Sarhan will take the helm in the interim while a new head is sought. The premium channel venture started in 2009 as a partnership between MGM, Lionsgate and Paramount.

Greenberg’s move follows MGM agreeing in April to a $1 billion deal to buy out Viacom and Lionsgate for full ownership.

“We were committed to completing the integration effectively and efficiently,” Greenberg said in a statement. “Having completed the integration effectively and efficiently, it really created a segue for me to say that it’s time for me to tap into my entrepreneurial spirit. I’ve left this company in good hands.”