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Posts Tagged ‘Pilot Group’

Ross Levinsohn Segues to Scout Media

Per Keith J. Kelly, there has been no shortage of high-level activity at Scout Media.

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The company secured backing from the Pilot Group, a venture capital fund headed by former AOL CEO Bob Pittman. It amalgamated North American Hunter, PGA Sports and other media assets from Pittman’s North American Membership Group. And this week, it welcomed a very recognizable executive chairman – former Guggenheim Media CEO Ross Levinsohn:

Levinsohn will once again be teaming up with James Heckman, Scout’s CEO and founder. Heckman had exited as head of global media strategy for Yahoo shortly after new CEO Marissa Mayer nixed his plan to aggressively remake the company.

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Copy Editing: Intro

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NBCUniversal Shutting Down DailyCandy

This is not how these content start-up stories are supposed to go.

DailyCandyLogoSix years after Comcast’s media unit acquired recommendations operation DailyCandy from New York’s Pilot Group for a whopping $125 million, the site is being shut down. Also being turned off by NBCUniversal – Television Without Pity. From Kara Swisher‘s Re/code report:

The closing impacts 64 employees at the women-focused DailyCandy and three at TWoP. Apparently, many of those staffers — largely located in New York — might be offered jobs at other NBCU properties, but that is not a certainty.

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60Frames Entertainment Launches — With A Little Love From the Coen Bros.

jecoen.jpgUTA and advertising agency Spot Runner have teamed up to launch 60Frames Entertainment, a company that will finance and syndicate professionally-produced online content. UTA’s Brent Weinstein will helm.

Take that, YouTube.

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