Machinima executives Philip DeBevoise and Aaron DeBevoise will leave the multi-channel network by the end of 2013 to pursue other business opportunities.
Philip currently serves as president of the gaming/entertainment MCN. Having joined the company first before any of the other DeBevoise clan, Philip was responsible for bringing his brother, Allen DeBevoise*, on board as CEO.
Aaron, Philip and Allen’s nephew, is Machinima’s current executive VP of network programming. He joined Machinima in 2007, two years after the company was acquired by Allen and Philip, and oversees content and programming/development deals for the company and its main YouTube channels.
Philip and Aaron’s decision to leave the company they helped build is being described as a way for them to start their own individual ventures. In a statement to VideoInk, CEO Allen DeBevoise said: “It was planned for some time with them as they want to start their own companies given all the activity in the online video arena. I’m excited for them.”
It was also noted, though, by a source from inside the company, that as far as Machinima is concerned, Philip and Aaron have hit their respective “glass ceilings” at the company. In other words, Philip and Aaron would never be CEOs at Machinima while Allen was still running the show.
According to SocialBlade, Machinima is the third largest YouTube MCN with over 8,000 partners in its roster. However, the gaming network recently went through a round of layoffs that claimed 10% of its workforce.
Additional reporting by Jocelyn Johnson and Sahil Patel
*Allen DeBevoise is an investor in VideoInk