BitTorrent Names Co-CEOs in Content Push

The peer-to-peer sharing company will launch a live video streaming product later this year.

BitTorrent has named two new co-CEOs as it pushes further into the media business. 

The peer-to-peer sharing company on Thursday announced Jeremy Johnson and Robert Delamar have been named co-CEOs. They are replacing outgoing CEO Eric Klinker, who a spokesman confirmed will stay with the company in a technical role.

Johnson, who will oversee technology, product management, operations and BitTorrent's media teams, was previously chief strategy officer at BitTorrent, which he joined in 2015 from Silver Spring Network. He also has served in a technical role at Sony Online Entertainment. Delamar, meanwhile, brings digital media expertise to the business and was most recently CEO of Pacific Future Energy. 

BitTorrent also has hired media and entertainment lawyer David Chidekel as head of business development and business affairs and promoted Straith Schreder to the role of vp creative initiatives. Schreder joined BitTorrent in 2012 and has led the development of Bundle, a pay-gated system that has allowed artists like Thom Yorke and David Cross to distribute content directly to fans. She will now oversee the division and will open an office in Los Angeles. 

Schreder says that BitTorrent will be making several key hires in Los Angeles as it looks to build out its relationships with the creative community; among them is Sundance Institute's Missy Laney, whose appointment as director of creative initiatives was announced last week. The L.A. office also will serve as a hub for creators to experiment with BitTorrent's distribution methods. 

BitTorrent says that Bundle is now used by more than 30,000 creators to reach more than 200 million fans. The Bay Area company is set to introduce a live video streaming product called BitTorrent Live and is prepping the launch of a Live streaming app to compete directly in the over-the-top space.