Move Going Global
On the heels of announcing a $46 million series C funding round, Move Networks has released some of their plans. The company has opened offices in New York, Ann Arbor, San Mateo and Los Angeles and will open offices in Latin America, Europe, and Asia later this year.
Additionally, the company hired Paul Ptaschne to lead the company’s Latin American sales force and hired BlackArrow founder Tom Morgan as Chief Strategy Officer, strengthening the company’s already close ties with their ad management partner.
An international presence would give Move a major competitive advantage when dealing with traditional content companies and the complexities of international distribution rights.
The internet should at least in theory simplify international online content distribution. So far however, broadcasters have been very careful not to encroach on existing agreements with international syndication partners. Hulu is a prime example.
But once there is a framework for syndicating content internationally, so that it can be monetized in cooperation with U.S. networks’ international distribution partners, that will change the global content syndication game.
Tags: Move Networks, Paul Ptaschne, Syndication, Tom Morgan