Industry Moves: Mark Jung Appointed CEO of VOD Service Vudu
Mark Jung, co-founder and former CEO of IGN and COO of Fox Interactive Media (NYSE: NWS) after FIM bought IGN, has finally surfaced in an executive position: he has joined as the CEO of IP-VOD service Vudu..he will also be a board member for the company. Vudu is based in Santa Clara, CA, and is venture-backed by Greylock Partners and Benchmark Capital. It recently launched its service, and has gotten mixed reviews. Here’s what Mossberg’s column in WSJ (reviewed by Katherine Boehret) had to say about the service: “Vudu might cast a spell on users who don’t mind its poor selection and high-bandwidth requirement to deliver instant downloads. But for me, the convenience of Vudu is no convenience at all. As is, its lackluster selection, high prices and slow downloads make it more of a letdown than anything else.” Delivering movies through a box has not really taken off, and companies like Moviebeam and Akimbo are dead and half-living proofs of it, respectively.
SEE ALSO: Widget Tools Firm Clearspring Gets $5 Million From Case, Leonsis and Jung
Since leaving IGN last year, Jung has invested in widget maker Clearspring.
Posted In: Entertainment, Movies, Industry Moves, Technologies / Formats, Broadband
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