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US Media & Comm management moves through Oct. 5: Time Warner, Netflix, Discovery

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next

Corporate Renewables Market Looks To Continue Growth After Record 2018

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US Media & Comm management moves through Oct. 5: Time Warner, Netflix, Discovery

M&A Media

* 20th Century Fox Television restructured management of its international distribution unit, TVWise U.K. reported Oct. 5. Gina Brogi was promoted to president of global distribution, succeeding Marion Edwards, who plans to leave the position. Brogi will be responsible for the worldwide distribution of Fox's TV series and feature films across all platforms, in addition to licensing Twentieth Century Fox Film Corp. feature films to TV networks in the U.S. The restructuring also involves movement in the TV distribution division's regional offices, with three promotions to executive vice president. Evan Scheffel will serve as the executive overseeing the Americas. Kristen Finney will be in charge of in Europe, the Middle East and Africa, and Richard Samuels will lead Asia-Pacific operations. 21st Century Fox Inc. owns 20th Century Fox TV and Twentieth Century Fox.

* Australian video streaming service Quickflix Ltd was sold to U.S.-based Karma Media Holdings for A$1.3 million, Rapid TV News reported Oct. 5. Quickflix, which went into administration in April, will continue to operate in the Australian market. Karma Media plans to retain 24 employees from the company and pay all entitlements owed to former workers. Karma Media head Erik Pence will become managing director of Quickflix.

* Netflix Inc. appointed former Universal Television President Bela Bajaria vice president of content, the company said Oct. 5. Bajaria will oversee the streaming giant's television and film licensing from major U.S. studios, as well as co-production partnerships with major U.S. networks. Bajaria will also lead a new team responsible for the development of original unscripted programs for Netflix. Universal Television is owned by Comcast Corp. unit NBCUniversal Media LLC.

* Pinterest Inc tapped Twitter Inc.'s senior finance executive Todd Morgenfeld to be its first CFO, The Wall Street Journal reported Oct. 4. Morgenfeld is vice president of finance for the microblogging service.

* Time Warner Inc.'s CNN (US) hired BuzzFeed Inc.'s Andrew Kaczynski and his political research team, called K-File, The Huffington Post reported Oct. 3. The team, known for breaking news related to U.S. presidential candidates, includes BuzzFeed Deputy Politics Editor Kyle Blaine and reporters Nate McDermott and Christopher Massie.

* Gunnar Wiedenfels will succeed Andrew Warren as CFO of Discovery Communications Inc., the company said Oct. 4. Wiedenfels is CFO of ProSiebenSat.1 Media SE. Warren agreed to extend his contract term to ensure a smooth transition.

* Marchex Inc. on Oct. 3 announced changes at the top as CEO Pete Christothoulou and board Chairman Clark Kokich resigned from the company amid disappointing earnings. To support the search for a new chief executive, the mobile advertising analytics company created an Interim Office of the CEO, to be led by Marchex Board Member Anne Devereux-Mills. She also assumed responsibilities as board chairman. Other members of the Interim Office of the CEO include Russell Horowitz, former CEO and chairman and current consultant to the company; CFO Michael Arends; Chief Administrative Officer and General Counsel Ethan Caldwell; and Chief Revenue Officer Gary Nafus.

* MTV (US) and Viacom Inc.'s in-house creative agency, Viacom Velocity, appointed A$AP Rocky, backed by his own creative company AWGE, as creative director for MTV Labs, according to a Sept. 30 news release. A$AP Rocky and AWGE will create original content using the company's cross-platform production capabilities. The rapper and his company will also experiment with new formats and existing MTV IP, and develop branded content for advertisers in partnership with Viacom Velocity.

* David Brewer was promoted to senior vice president of program strategy and acquisitions for Bravo Media LLC and Oxygen Media LLC, according to a Sept. 29 news release. In his expanded role, Brewer will take charge of strategic program planning for Bravo and Oxygen's original series, acquisitions, specials and library content. Bravo Media and Oxygen Media are program services of the NBCUniversal Cable Entertainment Group.

* Jessica Holscott was named head of investor relations for Time Warner, the company said Sept. 29. Holscott will operate as the company's day-to-day contact with the investment community.

* Zynga Inc. on Sept. 29 appointed Gerard Griffin CFO of the company. Griffin succeeds Chief Accounting Officer Michelle Quejado, who was named interim finance chief after the departure of David Lee.

* McClatchy Co. appointed Andrew Pergam to the newly created position of vice president of video and new ventures, the company said Sept. 29. In addition to continuing to lead the company's video operation Video Lab, Pergam will oversee the company's corporate development efforts and the management of its venture investment portfolio.

* Google Inc.'s YouTube named record label executive Lyor Cohen as its global head of music, in a bid to patch up its contentious relationship with the music industry, Bloomberg News reported Sept. 28. Cohen will reportedly help rebuild YouTube's image with musicians who slammed the latter for not doing enough to protect their copyrights. Cohen joins the video platform from 300 Entertainment, a boutique record label that he founded. Google is a unit of Alphabet Inc.

M&A Communications

* EchoStar Corp. CFO and Treasurer David Rayner is now also serving as company COO, according to a Form 8-K filed Oct. 3. EchoStar also added the role of chief strategy officer to Anders Johnson, president of EchoStar Satellite Services.