Showtime exec to jump channels

From Times Wire Services

A premium cable TV channel being set up by Viacom Inc.'s Paramount Pictures, MGM Studios Inc. and Lionsgate Entertainment Corp. has hired former Showtime executive Mark Greenberg to become its chief executive.

Plans for the channel were announced last month after the studios could not reach a deal to continue to supply their movies to Showtime, the premium channel that belongs to CBS Corp.

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