Restructure


Hulu hires chief technology and data officer in corporate restructure

Hulu has hired a new chief technology officer and appointed its first chief data officer  as part of a reorganisation designed to “more effectively serve and delight consumers and drive overall growth”. With the hires, Hulu said it has put in place a new structure that aligns its executive management and teams around four strategic […]

UKTV restructures channels teams

British channels group UKTV has created five channel director posts in a restructure that looks to have knock-on effects for some key executives. Emma Ayech, Luke Hales, Gerald Casey, Adam Collings and Vicky Walker all get promotions in the rejig, effective immediately. However, the changes also place question marks over director of programme acquisitions Catherine […]

Ericsson restructuring plan to create ‘leaner’ company

Ericsson’s share price slumped 14% yesterday after the company announced a quarterly drop in sales and restructuring plans designed to create a “leaner” firm. Announcing its first quarter 2016 results, Ericsson said that its overall plan is to “drive efficiency and growth even harder across the company”. It also outlined a shakeup to its executive leadership […]

Modern Times Group unveils new structure

Modern Times Group (MTG) has unveiled a new financial reporting structure as part of its ongoing transformation from a broadcaster into a ‘digital entertainment company’. The Nordic pay and free TV operator will now operate through four reporting segments: Nordic Entertainment; International Entertainment; Studios; and MTGx Ventures. MTG reorganised the management of its MTGx unit […]

Viacom restructure costs US$785m upfront

The continuing restructuring of Viacom will cost the US-based media giant US$785 million. The company plans to write down that amount as a pre-tax charge for the first fiscal quarter of 2015. This will reflect costs relating to “underperforming programming, including the abandonment of select acquired titles, as well as costs associated with workforce reductions”. […]