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Boring, know-it-all executives that learned everything from the same university textbooks that all the others learned from; people without a single creative bone in their body who have the authority to smother those who do have creativity and talent.
As for currently newer CEOs they are trying to fix the network. Many of them actually worked on the floor with the content creators of old. That is why they are slowly getting back the old shows with new episodes. These newer CEOs where personal friends of the classic show creators. Thus allowing the bond they made from years ago to help build the way to repair what was once a broken mess. As it was said Rome wasn't build in a day, and the same can be said for animated series. It will take a good number of years for the current CEOs to fix what the last quickly destroyed.
Anyways on a good note it was announced that Rugrats is getting a relaunch. This adds to the list of other titles that are/have been getting a relaunch. Hey, Arnold, Invader Zim, Double Dare, and Rocko's Modern Life are just a few that have already been put on the relaunch list. If they keep on the ball with more classics shows I can see them doing very well again. Personally I would love for them to give us an Are You Afraid of the Dark? relaunch.
R.I.P. Avatar the Last Airbender
They clearly over time saw that there was more money in the younger children. The advertising revenue for childrens toys obviously hit its target better and show merchandise for the lieks of Spongebob sold like hotcakes.
Over the years they phased out anything that would interest anyone over their early teens and killed off alot of their demographic. They seem to have forgotten that kids tend to grow up so its better to have some programming for them that wasnt riding the same live action train that disney started.
Once upon a time Nick had some decently gritty shows like Ren and Stimpy and Invader Zim which honestly werent really made for young children but was marketed and shown to them. Even Are You Afraid of the Dark and Ahhh Real Monsters had alot more grit han what followed in later years. Nickelodean lost their edge and thought Spongebob would be a cash cow to ride them into eternity.
And it's very dangerous to put all your golden eggs in one basket, if you get me.