Annual Review 2016: A Letter from Hearst President & CEO Steven R. Swartz

Hearst Television, under President Jordan Wertlieb, agreed to acquire a majority stake in Litton Entertainment, by far the leading producer of educational television, most notably on most of the major broadcast networks on Saturday mornings. Led by Founder and CEO Dave Morgan and COO Pete Sniderman, Litton’s blocks of programming on CBS, ABC, NBC and The CW include such shows as Jack Hanna’s Wild Countdown and Lucky Dog. Morgan and his wife, Lissy, will be our partners in owning the business. We will derive the benefits from the addition of Litton in 2017’s results and thereafter.

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