Tuesday, April 23, 2024

Bitcentral Announces New Leadership and Investment

Media software solutions provider Bitcentral has announced new leadership in the form of Sam Kamel as CEO and Fred Fourcher as Chairman.

The announcement marks a return for Bitcentral founder Fourcher, who played a key role in evolving Bitcentral from a software platform for nightly news preparation to a leading provider of streaming media solutions. Under Fourcher’s guidance, Bitcentral says it will continue to redefine audience engagement, offering scalable solutions from traditional broadcast newsrooms to dynamic streaming online talk shows.

Bitcentral has provided software solutions to over 300 television stations and 1000 media operations, including Fox, CNN, and Hearst. The company’s solutions include Core News for content production, Central Control for automated playout, and ViewNexa for the management, distribution, and monetisation of  content across websites, applications, and FAST partnerships.

“Joining Bitcentral represents a thrilling new chapter. I’m committed to leveraging our broadcast and streaming prowess, to driving innovation and excellence, and to building the best team in the industry,” said Sam Kamel.

Kamel has served on Bitcentral’s board since March 2023. He has played transformational roles at companies such as Netscape, Microsoft, Fox, and Ingram Micro, and spearheaded rapid growth at data analytics company iinside / CrowdVision. His background also includes consulting experience at McKinsey & Co. and service as a US Naval Officer. He has a BS in electrical engineering from Cornell University and an MBA from Harvard Business School.

Bitcentral has also welcomed a new private investor that has recapitalised the business, replacing the previous private equity fund which held a significant stake in the company. This new investor will be joining the board of Bitcentral and maintains an enthusiastic long-term view of the company’s growth potential.

In a statement, the investor said, “Discovering Bitcentral was a revelation – a bright beacon lighting the path toward digital media’s future. It’s a privilege to champion a platform that empowers important voices and narratives that need to be heard across today’s busy media landscape.”

Visit https://www.bitcentral.com/

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