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US Media & Comm management moves through July 20


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US Media & Comm management moves through July 20

Media industry moves

*FremantleMedia Ltd.'sNorth American subsidiary announced July 19 that it Random House Studio, the filmand TV unit of book publisher PenguinRandom House LLC. FremantleMedia North America also formed apartnership with China's Meridian Entertainment to oversee Random House Studio'sproductions. Under the arrangement, FMNA will handle the TV adaptations whileMeridian develops the theatrical slate. Random House Studio projects currentlyin the works will go to FMNA. Studio executives in Los Angeles will move to theFMNA offices, while those in New York will be based at Penguin Random Househeadquarters. FremantleMedia is a unit of RTL Group.

*FOX News Channel (US)Chairman and CEO Roger Ailes is leavingthe cable news network following sexual harassment claims by former anchorGretchen Carlson, The Daily Beast reported July 19. Ailes will get at least $40million as buyout from FOX News. Recent reports indicated that Rupert Murdochand sons Lachlan and James, co-chairmen and CEO, respectively, of FOX Newsparent 21st Century Fox Inc.,agreed that Ailes should be removed.

*AMC Networks Inc. isoffering voluntarybuyouts to about 200 staffers as the company looks to cope with a decline inratings for its programming, reported July 18, citing a companyconfirmation. The job cuts would represent about 6% of the company's workforce.Details about the package being offered to employees who have been with AMC forat least 10 years were not disclosed.

*Jennifer Ceran resignedas Quotient Technology Inc.'sCFO to pursue other opportunities, the company said July 18. Mir Aamir,Quotient's former CFO and its current COO and president, will serve as thecompany's interim CFO until the company finds a replacement for Ceran.

* B.Riley & Co. LLC said July 18 that it added two managing directors on its investment bankingteam. John Calcagnini will focus on healthcare, pharmaceuticals, life sciencesand medical devices. Keith Sipes will focus on the technology, media andtelecommunications sectors. Both Calcagnini and Sipes most recently served asmanaging directors at Sterne Agee CRT.

*Stormy Simon is stepping downas president of Overstock.comInc. to pursue other opportunities. Simon, who was's president in 2014, will also resign as a director of thecompany, according to a July 15 SEC filing.

*Online auctioneer eBay Inc.agreed toacquire Ticket Utils,an independent provider of software that allows large ticket sellers to manageinventory and distribution. According to a July 14 official blog post, TicketUtils will join eBay's StubHubInc. platform, the largest ticket marketplace in the U.S. The dealis subject to customary closing conditions.

* Inc. , a firm that provides anintegrated development environment in the cloud. Cloud9 will join the AmazonWeb Services team, and will continue to operate as usual, according to a July14 post on the official Cloud9 blog. Cloud9's core development team is inAmsterdam while its main office is in San Francisco.

*Anshu Aggarwal is resigningas Shutterstock Inc.'schief technology officer to spend more time with his family. The company hascommenced an external search for a replacement for Aggarwal, according to aJuly 14 Form 8-K filing.

*Jeffrey Dawson is stepping downas CFO of Match Group accept a position at another company. Dawson, who has been with the companyfor more than eight years, will help with the transition of responsibilities,according to a July 14 SEC filing.

*EPIX (US) saidJuly 14 that it appointedJonathan Dakss as its chief digital officer. Dakss, who was previously workingas the vice president of Media Labs at ComcastCorp.'s NBCUniversalMedia LLC, will report directly to Rob Sussman, general manager andexecutive vice president of business operations and strategy. EPIX is a jointventure of Viacom Inc.,Lions Gate Entertainment Corp.and Metro-Goldwyn-Mayer Inc.

Communications industry moves

Nocommunications industry moves covered by S&P Global Market Intelligencewere announced or completed during the period.