trending Market Intelligence /marketintelligence/en/news-insights/trending/CBfUSo6fa4BsxpzBij4W4g2 content esgSubNav
In This List

Media & Comm management moves through April 27

Blog

Can private clouds ever really compete with the public cloud?

Blog

Esports, short-form content engaging more fans across Asia

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Gauging Supply Chain Risk In Volatile Times


Media & Comm management moves through April 27

Media industry moves

* Sheraton Kalouria to presidentand chief marketing officer of the company, Varietyreported April 27. In his new role, Kalouria will take charge of consumer productslicensing for SPT series and brands, while retaining oversight of marketing initiativesfor the company's productions. He was previously executive vice president and chiefmarketing officer at the Sony Corp.unit. Prior to joining SPT in 2010, Kalouria held senior executive roles at and Comcast Corp.'s .

* BTIGLLC hired Colin Knudsenas a managing director in its technology, media and telecommunications investmentbanking group, according to an April 26 news release. He will focus on advisingcompanies on industry-specific M&A and capital markets transactions. Knudsenmost recently served as co-founder and vice chairman of Coady Diemar Partners LLC.

* informed employeesof proposed measures intended to streamlineits international operations and support future growth efforts. The measures includea redesign of the company's international print newspaper and the relocation ofcertain editing and production operations currently conducted in Paris to companylocations in Hong Kong and New York, according to a Form 8-K filed April 26. Themeasures would result in the elimination of about 70 jobs. Times Co. also said itstarted discussions with the relevant employee works council in Paris regardingthe proposed measures. The consultation with the works council will be conductedin accordance with applicable French law. Times Co. currently anticipates substantiallyall of the charges relating to the proposed measures to be recognized in the secondquarter of 2016 and to result in future cash expenditures.

* will a new division that will focus on long-formspecials. Michael Clemente will lead the new unit as executive vice president ofnews specials, overseeing all development and production of taped long-form programming,as well as occasional special live events for FOX News Channel, the -owned network saidApril 21. Jay Wallace, who was promoted to executive vice president of news andeditorial, will manage the news division, including all political coverage and electionseason debates and town halls. Both Clemente and Wallace will report to FOX NewsChairman and CEO Roger Ailes. In addition, the newly formed consolidated unit willnow include FOX News Channel Editor-at-Large Peter Boyer, Senior Executive Producerof Long-Form Series Pamela Browne, Executive Producer Martin Hinton and SpecialsDirector of Development Clay Rawson. Host John Stossel's quarterly customized specialsfor FOX News will also be part of the new division.

Communications industry moves

* 's corporate controllerand principal accounting officer, John Maggard, is leaving the company to join a private company as its CFO.Kevin Dotts, Internap's CFO and principal financial officer, will now also serveas the company's principal accounting officer, according to an April 25 SEC filing.