Storyful Announces Leadership Changes To Build On Substantial Growth Momentum Under News Corp
December 15 2014 - 9:30AM
Business Wire
Rahul Chopra Becomes CEO; Founder Mark Little
Named Director of Editorial Innovation
Storyful, the world’s first social news agency, announced
leadership changes on the eve of the 1st anniversary of its
acquisition by News Corp.
Rahul Chopra will become Chief Executive Officer, with Founder
and CEO Mark Little taking on the newly created role of Director of
Editorial Innovation. Mr. Chopra previously served as Chief Revenue
Officer and SVP, Global Head of Video for News Corp. The changes
are effective immediately.
“Storyful is both a symbol of our digital and global aspirations
and a substantive contributor to them,” said Robert Thomson, Chief
Executive of News Corp, which announced its acquisition of Storyful
on December 20, 2013. “We will have twin pillars of development,
with Rahul leading our fast-growing commercial operations and Mark
continuing to drive our expanding editorial ambitions. Storyful has
already become the global standard for verified content for
newsrooms, while more businesses are leveraging Storyful's
expertise to help them navigate the complex world of social
media.”
“Sitting as it does at the intersection of technology and
journalism, I can personally think of no more exciting place to
be,” said Mr. Chopra. “I am looking forward to leading this
enterprising Storyful team to the next level, with Mark building on
his pioneering efforts in creating the company and its innovative
approach to leveraging social media.”
“Rahul and I have been planning this change for some time,” said
Mr. Little “It reflects the proven success of Storyful’s
integration with News Corp and the growth in our ambitions for the
years ahead. We now have a world-class team across three continents
and I have my dream job, part of a team building the most
innovative company on a rapidly changing media landscape.”
Mr. Little will continue to serve as the primary “ambassador”
for Storyful, and shape the company’s thought-leadership in the
news industry.
Storyful has experienced substantial growth in its year with
News Corp. In April, Storyful partnered with Facebook for the
launch of FB Newswire (http://www.facebook.com/FBNewswire), a
resource that makes it easier for journalists and newsrooms to
find, share and embed newsworthy content from Facebook in the media
they produce.
Over the summer, videos identified and promoted by Storyful
reached one billion total views on YouTube. In November, the
Facebook-Storyful partnership launched FB Techwire, a resource of
hot topics and important stories for tech journalists. Also last
month, Storyful launched Trendswire, a service that alerts clients
to the most compelling and significant trends just as they begin to
gain traction online.
During the year, Storyful also expanded its technical, editorial
and sales operation, resulting in more than a doubling of its staff
size. Storyful recently announced an investment from Ireland’s
Department of Jobs, Enterprise and Innovation that will help
bolster the company’s Dublin headquarters as it enhances its
technology infrastructure through creation of a dedicated R&D
center. In addition to Dublin and New York, Storyful also has an
office in Hong Kong.
Prior to his role at News Corp, Mr. Chopra launched and oversaw
video globally across Dow Jones, including WSJ Live, The Wall
Street Journal’s video initiative. He also held several roles
within business development at Dow Jones, primarily focusing on the
Journal’s video, mobile and tablet expansion strategy, as well as
developing external strategic partnerships to expand reach and
distribution. Before joining Dow Jones, he worked in corporate
finance at Morgan Stanley and Bank of New York.
Mr. Little launched Storyful in 2010 after a long career as a
journalist with Ireland’s national radio and television
broadcaster, RTE.
Storyful uses advanced proprietary technology combined with
expert journalism to monitor the web in real-time, verify relevant
content, separate fact from fiction and ensure that speed and
accuracy go hand-in-hand. Storyful clients worldwide can take full
advantage of this unique blend of technology and journalism.
About Storyful
Storyful, a division of News Corp, is the first news agency of
the social media age. Founded in 2010 and based in Dublin, Ireland,
Storyful comprises a team of technologists and journalists across
Asia, Europe and the United States who discover, verify, acquire
and distribute timely and relevant video and user-generated content
to newsrooms, advertisers and brands. Via proprietary technology
and journalistic expertise, Storyful provides social media
dashboards, real-time discovery tools, feeds and analytics to
customers across multiple platforms. Storyful was acquired by News
Corp in December 2013.
News CorpJim Kennedy,
212-416-4064jkennedy@newscorp.com@jimkennedy250
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