Spotify is losing a top executive to Pluto TV, a start-up in the fragmented and competitive world of online video.
Ken Parks, Spotify’s chief content officer and one of its longest-serving executives, will become Pluto TV’s executive chairman in October, the online video start-up plans to announce on Wednesday. While Mr. Parks will resign his position at Spotify, he is to remain an adviser to Daniel Ek, Spotify’s chief executive.
You can find the whole article here via The New York Times.