AOL Courting NBC Exec?

According to a report in the New York Times, Time Warner is currently in talks with Randy Falco, the president of NBC Universal Television Group, to take a senior operating role at AOL.

It’s not clear whether Falco would take over as CEO from chairman and CEO Jonathan Miller, or in some other role in AOL’s transformation from subscription-based access provider to ad-supported media company. An AOL spokesperson declined to comment.

At NBC, Falco has operational responsibility for the television group, including working with advertisers, affiliates and distribution partners. He is also leading the National Broadband Company (NBBC) online video distribution business the company launched in September. Falco has worked for NBC since graduating college more than 30 years ago.

UPDATE: Time Warner has indeed hired Falco to replace Miller.

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