HUB Network President Calling it Quits.

It looks like the founding president of Hasbro’s ‘HUB’ TV network is calling it quits at the end of this year. There is no word on how this will affect the future of the network, but at the least mabee it will lead to better programming. The network started off great, but then dropped all of the shows which made it great like Dan VS., G.I.Joe: Renegades, and Transformers Prime. For more on this check out the article below and share your thoughts after the JUMP!

(Source: tformers.com)

Deadline reports that Margaret Loesch, founding CEO and President of the Hub Network, will leave her position at the end of the year. What this means for the Hub is unknown at the moment, but Deadline offers plenty of rumor and speculation as to what could happen. More details in the full article!
“After five years at the Hub Network as its founding President & CEO, I am announcing that I will be leaving at the end of the year when my contract expires,” Loesch said in a statement to Deadline. “I am very proud of the work we have done and the accomplishments we have achieved at the Hub. The network is now in excellent financial shape, its ratings are up year-to-year, our programming has won more than 30 awards, including 12 Daytime Emmys, and the Hub Network has become a TV home for quality programming that kids and their families come together to enjoy. I will be working closely with our parent companies, Discovery and Hasbro, to assist in the leadership transition. I want to thank both companies for the opportunity they extended me and thank my wonderful team at the Hub. I have loved my job and am proud of the achievements we’ve made. While my career has spanned over four decades, I look forward to evaluating future opportunities and writing the next chapter.”

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During her four decades in the kids programming business, Loesch has overseen the development or production of such hits as Smurfs, Mighty Morphin Power Rangers, X-Men, Jim Henson’s Muppet Babies, Animaniacs, Transformers and Bear in the Big Blue House. She was the first President and CEO of Crown Media United States, responsible for the creation of its Hallmark Channel; and President of Television, Worldwide, of the Jim Henson Group. Loesch was the founding President and CEO of Fox Kids Network, Worldwide. Prior to that she was President and CEO of Marvel Comics’ film production arm, Marvel Prods., and EVP of Hanna-Barbera Prods.

Loesch is an important figure in Transformers history; she served as a producer on the original Transformers cartoon and The Transformers: The Movie, -and was the person to tell Hasbro that Marvel Productions couldn’t “leave the characters blank” in scripts and fill in whichever toys Hasbro wanted to use at a later date.
Stay tuned to Tformers.com for more details as they are made available. Your best resource for all the Transformers news and community every day.