By Lynette Rice
Updated March 13, 2009 at 04:12 AM EDT

There has been a big shakeup at Fox Broadcasting today: Fox Searchlight President Peter Rice will reportedly replace Peter Liguori as chairman of the TV network. Rice, who’s credited for the success of the indie arm of 20th Century Fox’s movie studio, will be replaced by Fox Searchlight vets Nancy Utley and Steve Gilula. Fox Searchlight was responsible for Slumdog Millionaire, this year’s Oscar winner for Best Picture. Ligouri had been at the network for five years.