In a joint post on the FreeWheel blog, co-founder/co-CEOs Doug Knopper and Jon Heller and co-founder/CTO Diane Yu said that they had each signed multi-year agreements to stay on in their roles.
The move comes three weeks after the cable and entertainment behemoth announced that it was buying competing telco giant Time Warner Cable for $45 billion, a purchase that will likely face anti-trust challenges. In December 2009, Comcast initiated a merger with NBC Universal that wasn’t completed until January 2011.
FreeWheel’s clients include Fox, AOL, AT&T, Viacom, Discovery Communications, Dish Network. A+E Networks, Univision, Vevo and Viacom. Its investors include Steamboat Ventures, Turner Broadcasting, DirecTV, Battery Ventures and Foundation Capital.