Digital

YouTube founder quits CEO role

By | Published on Monday 1 November 2010

YouTube co-founder Chad Hurley has stepped down from the CEO role at the video-sharing website, handing over the job to Salar Kamangar, a former VP at parent company Google. 

Hurley says he will continue to work for the video site in an advisory capacity, but wanted to step back from his day-to-day role there to concentrate on other projects. Speaking at a conference in Dublin, he said: “Right now I am in the process of transitioning into the role of adviser, stepping down, still being involved in the company, but it’s given me an opportunity to work on new projects. We were lucky enough to find Salar, who was one of the founders of [Google] AdWords. He is responsible for the whole thing. For me he was someone who was going to be able to drive the business”. 

At the same conference, Hurley said he thought traditional advertising would go into terminal decline as internet TV and radio became the norm, with brands looking to sponsor and “own” whole programmes – on all platforms – rather than having promo slots that appear between shows. 

According to The Guardian, he told the conference: “I think you will see a point where the traditional model of advertising on TV or advertising online will go and advertisers will cover one programme, no matter what platform it’s being broadcast on. You’ll see the same ads whether you are watching it on your TV, your computer or your phone”.

 



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