Qwest Shutting Down Woodrow's Unit
By Matt Stump
published Qwest Communications International Inc. is shuttering its Qwest Digital Media
streaming and video-production unit March 1, putting two former big cable
executives -- CEO David Woodrow and marketer Doug Seserman -- out of work.
The unit, unrelated to Qwest's consumer digital-subscriber-line video
operations, lost funding from joint owners Qwest and Anshutz Corp.
Its Nashville, Tenn., and Washington, D.C., production facilities will
continue to operate, presumably until a buyer is found.
Woodrow, a former Cox Communications Inc. executive, reshaped the unit's
business plan to target corporate customers, but Qwest's debt woes and falling
stock price took precedence.
Multichannel Newsletter
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
More about multichannel news