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EXEC SHAKE-UP

Fox Television Entertainment Group chairman Sandy Grushow announced today that he is stepping down to form his own 20th Century Fox-based production company. "This was a very complicated decision for me to make," he said. "I've accomplished more than I ever thought possible [at Fox] — from helping to launch a network that no one thought would ever succeed, to leading the television studio to industry prominence, to leading the network to a record three consecutive second-place season finishes, including two historic sweeps victories." Now that's modesty for ya.

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Fox Television Entertainment Group chairman Sandy Grushow announced today that he is stepping down to form his own 20th Century Fox-based production company. "This was a very complicated decision for me to make," he said. "I've accomplished more than I ever thought possible [at Fox] — from helping to launch a network that no one thought would ever succeed, to leading the television studio to industry prominence, to leading the network to a record three consecutive second-place season finishes, including two historic sweeps victories." Now that's modesty for ya.