Carlyle hires operator for media and telecom

Former COO of Discovery Communications Peter Liguori has joined Carlyle as the firm’s 27th operating executive.

The Carlyle Group has hired former chief operating officer of Discovery Communications Peter Liguori as an operating executive for the telecommunications and media team, based in New York.

Liguori will provide strategic guidance to the firm’s professionals in a consulting role and will be involved in the investment process from sourcing to exiting. He will also advise portfolio company executives on management, operations and growth strategies. Liguori joins 26 other operating executives at the firm.

Prior to becoming COO of Discovery, which operates television networks including Discovery Channel, TLC and Animal Planet, Liguori was president and chairman of entertainment at Fox Broadcasting company, where he worked from 2005 to 2009. He was previously the president and CEO of News Corporation’s FX Networks and vice president of consumer marketing at HBO.

Carlyle’s telecommunications and media team has been active on the exit front during the past 12 months, selling movie chain AMC Entertainment to Chinese conglomerate Dalian Wanda Group for about $2.6 billion and Insight Communications to Time Warner Cable for $3 billion. The group has also remained active investing in new businesses, purchasing Luxembourg-based telecommunications firm MACH earlier this month for €550 million as an add-on acquisition for US mobile phone systems company Syniverse.

Carlyle’s telecommunications and media team oversees the firm’s existing investment in Nielsen Holdings, a $10 billion take-private the firm agreed in 2006. Since 2001, the group has invested more than $8 billion in telecom and media businesses.