Troubled UK online video service SeeSaw has lost another three key executives, following the decision by former Channel 4 CEO Michael Jackson not to take up his role as chairman at the beginning of this month.
The latest three executives to resign are commercial director Matt Rennie, platform controller John Keeling and product director Richard Dines, according to a report on the paidContent website.
Criterion Capital Partners, the owner of social networking site Bebo, acquired a 75% stake in SeeSaw from Arqiva in July, but has so far failed to raise additional investment capital for the service, which had been promised by investment consortium backer Weston Capital.
PROMOTION: Live Webinar: The Secrets to Delivering Low-Latency #Live #Video, Globally - @llnw TOMORROW at 4pm GMT - hhttps://t.co/cBAVZIWQgi
23 April 2018 @ 09:22:00 UTC
#MostRead this week: #F1 unveiled its own plans for an #OTTTV service, to be launched in May in time for the hhttps://t.co/76qx8Jqkk3
22 April 2018 @ 09:05:00 UTC
DTVE: #TheWeekinView - @netflix: another stellar quarter in an evolving competitive landscape #SVOD #Disney #Sky hhttps://t.co/grljz7fDaH
21 April 2018 @ 16:04:00 UTC
#Crunchyroll debuts linear block in Brazilian market https://t.co/D12gTaeuwg
20 April 2018 @ 17:00:02 UTC
.@AMC_TV's #SundanceNow streaming service takes Sharon Horgan show https://t.co/fm5XwbBtAm
20 April 2018 @ 16:30:00 UTC