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NewCo, the coming joint video venture between News Corp and NBC Universal, is keeping itself in the news, though it has yet to put out a product. The company said today in an emailed press release it will be led by Jason Kilar, an executive at […]

NewCo, the coming joint video venture between News Corp and NBC Universal, is keeping itself in the news, though it has yet to put out a product. The company said today in an emailed press release it will be led by Jason Kilar, an executive at Amazon.com until last year, when he left to do a startup, as we recall.

NewCo had for the last few months been led by George Kliavkoff of NBC U. It is seeking, though not finding, $100 million in funding on a $1 billion valuation, as Om reported yesterday.

Kilar, 36, had helped lead Amazon’s video and DVD efforts during a nearly 10-year stay at the company. He starts with NewCo — still seeking a name — July 9. It’s good to see someone coming from the tech sector leading the old media venture, but selling DVDs is significantly different than giving away ad-supported streaming video. Amazon had only started Unbox, its digital video venture, in September 2006.

  1. [...] Written by Om Malik Thursday, June 28, 2007 at 9:49 AM PT | No comments The wannabe YouTube killer that fancies itself as a billion dollar company, thanks to reputation of its backers NBC and News Corp., a press conference, and lot of talk, has a new CEO. So what, if it doesn’t have a name… Still! [...]

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  2. smart guy. met him at Web 2.0 Expo earlier this spring, and was very impressed. pretty competitive field tho. guess we’ll see…

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  3. [...] far, the biggest news about what has been done is probably the announcement of Jason Kilar as the CEO, who worked for Amazon for almost 10 years, before taking this position. [...]

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