MEDIA SOFTWARE PROVIDER BITCENTRAL WELCOMES NEW LEADERSHIP AND GROWTH CAPITAL INVESTMENT
Bitcentral, a software solutions provider that powers media companies on a global scale, today announced new leadership in the form of Sam Kamel as CEO and Fred Fourcher as Chairman.
Newport Beach, California(06 Mar 2024)
NEWPORT BEACH, Calif, March 5, 2024 – Bitcentral, a software solutions provider that powers media companies on a global scale, today announced new leadership in the form of Sam Kamel as CEO and Fred Fourcher as Chairman.?
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. Under Fourcher's guidance, Bitcentral will continue to redefine audience engagement, offering scalable solutions from traditional broadcast newsrooms to dynamic streaming online talk shows.
Bitcentral has provided software solutions to over 300 television stations and 1,000 media operations, including Fox, CNN, and Hearst.?The company’s mission is to democratize content creation and distribution, enabling storytellers everywhere to reach and engage audiences with unparalleled efficiency, expanding the landscape of media consumption and monetization.
"Joining Bitcentral represents a thrilling new chapter. I'm committed to leveraging our broadcast and streaming prowess, to driving innovation and excellence, and to building the best team in the industry," said Sam Kamel.
Kamel has served on Bitcentral’s board since March 2023.? He has played transformational roles at companies such as Netscape, Microsoft, Fox and Ingram Micro, and spearheaded rapid growth at data analytics company iinside / CrowdVision. His background also includes consulting experience at McKinsey & Co. and service as a US Naval Officer. He has a BS in electrical engineering from Cornell University and an MBA from Harvard Business School.?
Bitcentral was also fortunate to welcome a new private investor that recapitalized the business, replacing the previous private equity fund which held a significant stake in the company. This new investor will be joining the board of Bitcentral and maintains an enthusiastic long-term view of the company’s growth potential. "Discovering Bitcentral was a revelation – a bright beacon lighting the path toward digital media's future. It's a privilege to champion a platform that empowers important voices and narratives that need to be heard across today’s busy media landscape.”