“Over the past 15 years, Dana and Gary have raised the bar for the rest of the industry with respect to creative vision, close-knit relationships with top talent and an unmatched track record of hit programming,” said Rice. “At a time when the demand for content has never been higher, there is no doubt that we strengthen and galvanise our television business – both from a creative and programming standpoint – with Gary and Dana taking on these vital new leadership roles.”

Named Presidents of 20th Century Fox Television in December 1999, and later elevated to Chairmen and then Chairmen and CEOs, Newman and Walden have built the studio into an undisputed industry leader. They delivered six of the most celebrated hits of the past five seasons in Modern FamilyHomelandAmerican Horror StoryGleeNew Girl and most recently, Sleepy Hollow, Fox’s #1 new series. The studio’s long-running BonesFamily Guy and The Simpsons continue to deliver huge audiences, and its two cable production arms, Fox 21 and Fox Television Studios, are thriving, producing some of cable’s most popular and distinctive series including FX co-productions Sons of AnarchyTyrant and The Americans. The studio’s roster includes forty series on more than a dozen broadcast, cable and digital platforms, regularly leads its competitors in award nominations and reaches more than one billion people every week across the globe in as many as 180 countries, across six continents, in 30 different languages.

“We are grateful to Peter, Chase and James for this extraordinary vote of confidence,” commented Walden and Newman. “The time is right to unite these divisions. Television has never been more creatively vibrant and the business has never been more dynamic. Our goal is to make FBC the number one destination for creators with big visions and bold ideas, because our guiding principle has always been ‘talent first’. We are humbled by the challenges and exhilarated by the opportunities ahead. It’s an exciting time.”