New Head of Aspiro TV
Listed streaming leader Aspiro has appointed Espen Erikstad, co-founder of Rubberduck Media Lab, as the new Head of its subsidiary Aspiro TV. The aim is to establish Aspiro TV as the self-evident technology vendor for businesses that want to deliver the best user experiences in online video services.
Espen Erikstad has been appointed as the new Head of Aspiro’s subsidiary Aspiro TV today. Espen Erikstad is a co-founder of TV streaming enterprise Rubberduck Media Lab, which Aspiro acquired in 2006, and whose name was later changed to Aspiro TV.
“We’re delighted that Espen has accepted the offer of becoming Head of Aspiro TV. He’s one of the best executives in online video technology and is definitely the right person to lead our TV business,” commented Gunnar Sellæg, CEO of Aspiro.
Aspiro TV delivers TV and video services for various display formats over the Internet for partners including Deutsche Telekom, Telenor, TV2 Danmark, Eurosport, Nextel, Hi3G, the BBC and Entel. A cost savings program targeting yearly savings of some SEK 10 m was initiated in the second quarter of 2012.
“As co-founder I really feel committed to Aspiro TV. My primary goal is wider recognition for Aspiro TV and our products on the markets where we’re already active. Aspiro TV has fantastic online video distribution products and some of the sector’s best professionals, but despite our solid customer base, we’re still fairly unknown. In the slightly shorter term, our focus is on lifting profitability, but our long-term goal is growth,” responded Espen Erikstad, the new Head of Aspiro TV.
Espen Erikstad will take over after Gunnar Sellæg, who temporarily headed up this business after Erling Paulsen resigned in May this year. Espen Erikstad will become a member of Aspiro’s management with Peter Tonstad, Espen Lauritzen and Gunnar Sellæg.
This is information that Aspiro AB (publ) is required to disclose under the Securities Exchange and Clearing Operations Act and or the Act on Trading in Financial Instruments. The information was submitted for publication on October 23 2012 at 2.40 pm.
For inquiries, please contact: Gunnar Sellæg, CEO, +47 901 81 528,
Aspiro in Brief
Aspiro is a leading streaming company with its primary focus on the WiMP music service and video services delivered to partners. WiMP is delivered direct to consumers and through partners such as operators and TV distributors. With WiMP, Aspiro is thinking globally but working locally, with editorial services and in-house teams tailoring the service for each country. Aspiro has 14 years’ experience of digital services and is a growth company with high ambitions. Aspiro is listed on Nasdaq OMX Nordic Exchange Stockholm.