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Ben Silverman, the co-chairman of NBC Universal Entertainment, will be leaving his post to start a company in partnership with Barry Diller's IAC, The New York Times reports. Silverman, a producer of The Office and The Biggest Loser, likened the new venture to a production company and ad agency hybrid. Jeff Gaspin, the head of NBCU's cable operations, will step up to fill Silverman's shoes. For his part, Silverman will stay on at NBC through September to facilitate the transition and to support the new fall lineup created under his supervision. "I am invested in what happens in the fall, and they are invested in my helping with the transition," he said in a statement. (IAC is the parent company of The Daily Beast.)