It’s a bright day for JW Player. The network-independent video platform, whose customers span across 193 countries, has hired on Bill Day as its new Chief Operating Officer. The former Tremor Video CEO will be responsible for the company’s strategic leadership while also managing sales, product, marketing, business development, finance and human resources.
During his time at Tremor, Day helped grow the company from a startup to over $250mm in annual revenue and profitability, while migrating it from an ad network to software platform business model. As an early proponent of the online video market, Day served as a member of JW Player Board of Directors. In his new capacity Day will continue to serve on the company’s Board.
“As a seasoned entrepreneur and executive, Bill has a proven track record of building and delivering strong results in high-growth technology and media companies such as JW Player,” expressed Dave Otten, CEO of JW Player. “In addition, Bill has a unique understanding of the digital video landscape that will be invaluable as we continue to evolve and execute against our strategy. He is the perfect partner for me and the rest of the team as we continue to scale our company.”
The company, which lives on more than 2 million sites with over 1.3 billion monthly unique viewers, has pushed its overall client base past 20,000 including enterprise customers such as Univision, Hearst, Red Bull, VICE Media and Bell Media.
“The online video marketplace continues to be one of the most exciting growth opportunities in the TMT space. The combination of JW Player’s strong technology, large install base of enterprise clients, and enormous footprint of global users, from which it gains unique insights around video consumption behavior, distinctly positions it as a leader in the next phase of digital video,” said Day. “I couldn’t be more excited to join the team as we move through this period of rapid growth.”
Day has thirty years of experience running private and public companies in the internet and online services space. He co-founded About.com, the largest and — at that time — fastest-growing content destination on the Internet. He served as the company’s President and COO during its 1998 IPO through its sale in 2000, and then as CEO from 2001–2003.