Brightcove names former ViacomCBS exec Marc DeBevoise CEO

Brightcove

09/02/2022 13:00

By Helen Coster
    Feb 9 (Reuters) - Video streaming platform Brightcove Inc
 BCOV.O  on Wednesday named former ViacomCBS executive Marc
DeBevoise as its new chief executive officer, replacing Jeff
Ray, whose retirement was announced in October.
    DeBevoise, 45, will take over the top job on March 28. He is
currently the vice chairman and president of Argus Capital Corp
 ARGU.O , a special-purpose acquisition company (SPAC) led by
former CBS Entertainment Group CEO Joseph Ianniello that targets
media, entertainment and sports investments. DeBevoise will
continue in that role while running Brightcove.
    DeBevoise previously served as the chief digital officer of
ViacomCBS Inc  VIAC.O , CEO and president of CBS Interactive,
and held leadership roles at Starz and NBCUniversal. At
ViacomCBS, he led the company’s streaming, digital and
technology operations globally and was responsible for its
direct-to-consumer streaming services.
    Boston-based Brightcove uses a software as service (Saas)
model to sell a video technology platform to customers who use
it for purposes like marketing or to run their own streaming
business. Its clients include AMC Networks, the BBC, Al Jazeera,
Ford Motor Co  F.N  and Mars Inc. It competes against companies
such as Kaltura Inc  KLTR.O  and Vimeo Inc  VMEO.O .
    In an interview on Monday, DeBevoise said he envisions
Brightcove’s potential customers as those that “will need to use
video at some point in their life cycle as a company or as an
individual or creator – and won't have those thousands of
engineers that Netflix or Disney+ has. So this allows a broader
set of folks to execute that streaming future and be part of
that without having to build it themselves.”

 (Reporting by Helen Coster in New York
Editing by Kenneth Li and Matthew Lewis)
 ((helen.coster@thomsonreuters.com; Twitter: @hcoster))