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Grumbles Retires at Turner

Cable veteran and current Turner Broadcasting System Inc.
executive William Grumbles announced his retirement last Thursday after 30 years of cable
service.

Grumbles will retire as TBS' president of worldwide
distribution at the end of the year. He has been with TBS for 10 years, but he spent much
of his career at Home Box Office, where he began in 1978 as a regional sales manager and
ascended to vice president of affiliate operations.

He joined TBS in 1989 as executive vice president of Turner
Network Sales, and he formed Turner International in 1991, where he eventually served as
chairman. He assumed his current position in 1996.

Before HBO, Grumbles worked at MSO TelePrompTer Corp.

"It's been a fabulous 30 years, and I am
fortunate to have been part of this magnificent industry during its unparalleled period of
innovation and growth," Grumbles said.

Industry executives lauded Grumbles' career, calling
him a "visionary" and touting his outstanding leadership abilities.

"For more than a decade, our company has been the
beneficiary of Bill's experience, wisdom and strong professional relationships,"
TBS chairman and CEO Terry McGuirk said. "No one in our industry is more widely
respected for his integrity, intellect and humanity."

Although he is officially retiring, Grumbles said he still
wants to "give back" to the industry in some capacity, although nothing has been
set in stone.

R. Thomas Umstead serves as senior content producer, programming for Multichannel News, Broadcasting + Cable and Next TV. During his more than 30-year career as a print and online journalist, Umstead has written articles on a variety of subjects ranging from TV technology, marketing and sports production to content distribution and development. He has provided expert commentary on television issues and trends for such TV, print, radio and streaming outlets as Fox News, CNBC, the Today show, USA Today, The New York Times and National Public Radio. Umstead has also filmed, produced and edited more than 100 original video interviews, profiles and news reports featuring key cable television executives as well as entertainers and celebrity personalities.