NEWPORT BEACH, Calif.—Bitcentral, a provider of media software solutions, has appointed Sam Kamel as its CEO, replacing Steve Petilli. The company also announced a new private investor that it says has “recapitalized” its business, replacing the previous private equity fund which held a significant stake in the company. The unnamed investor will join the board of Bitcentral, headed up by Founder Fred Fourcher.
“This marks a return for Bitcentral founder Fourcher, whose foresight in digital media's transformative impact has been pivotal, evolving Bitcentral from an essential software platform for nightly news preparation to a leading powerhouse in streaming media” the company said in a statement. “Under Fourcher's guidance, Bitcentral will continue to redefine audience engagement, offering scalable solutions from traditional broadcast newsrooms to dynamic streaming online talk shows.”
