Sunday 19 November 2017

Anchorman Little steps aside from Storyful 'baby'

Mark Little, Founder and CEO of Storyful. Photo: Tom Burke
Mark Little, Founder and CEO of Storyful. Photo: Tom Burke

Adrian Weckler Technology Editor

Entrepreneur and former RTE anchorman Mark Little is to leave the multi-million media startup he founded.

Mr Little said he is stepping away from Storyful and has currently no "absolute certainty" as to his next career move.

"It's not an easy decision but it's a good one," he said. "It's my decision alone."

In 2013, Mr Little sold Dublin-based Storyful to Rupert Murdoch's News Corp for €18m. Since then, the company has grown from 30 people to 90 people with multiple offices around the world.

Last year, Mr Little stepped down as chief executive of Storyful and assumed the title of director of innovation.

"I've reached that sad but glad understanding that my precious little baby is all grown up and doesn't need me anymore," he said, "I'm exhilarated by what might come next."

Describing itself as a "news agency designed for the social media age", Storyful verifies video footage and social media content around the world and sells it on to major media companies and newswires.

Its original investors included Dublin-based ACT Venture Capital and SOS Ventures.

"I'm leaving Storyful with no absolute certainty about what I'm doing next," he said.

"But that's a pretty wonderful feeling. The options are endless. I'm more passionate than ever about social journalism, media innovation and the challenges and opportunities that emerge from a revolutionary age."

Mr Little steps down as several major news publishers prepare to begin publishing articles and video content directly to Facebook pages.

Irish Independent

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