Prague-based, KIT Digital has done the year’s biggest online video industry roll-up with its $77 million purchase of New York-based KickApps, Kyte in San Francisco and Paris-based Kewego.
As part of the acquisition, Alex Blum, CEO of New York-based KickApps, has become Chief Operating Officer of KIT. He is busy integrating the platforms, staffs and customers into a global operation with hundreds of employees worldwide.
In this interview with Beet.TV, Blum says that the new company provides far more services than pure plays OVP (online video platform) companies. He says it “leapfrogs” ahead the competitive set.
KIT Digital is publicly traded on the NASDAQ as KITD. It has a market capitalization of $311 million.
Below is our interview with him from last April.
Posted on 03/09/2011 at 9:06 PM by Andy Plesser