IOV adds Sanders, Franklin and Bolter to advisory board
ION Video Limited (ASX: IOV) has appointed Daniel Sanders, Dr Kellee Franklin, and Howard Bolter to its Advisory Board to support its commercialization strategy for its video virtualization technology. These three industry leaders bring expertise in streaming infrastructure, AI governance, government technology, broadcast media, and enterprise sales. The appointments aim to accelerate ION's engagement with prospective enterprise customers and strategic partners globally.
Key Takeaways
- Daniel Sanders helped scale Pluto TV before its USD 340 million Paramount acquisition in 2019 and later built ViX at Univision.
- Dr Kellee Franklin advises U.S. agencies including the White House, the Pentagon and National Intelligence agencies, and holds a Top Secret clearance.
- Howard Bolter has 20 years of television-network experience across budgets from USD 1 million to over USD 300 million annually.
- Each adviser receives 202,224 unlisted options at nil exercise price, vesting after 12 months and expiring after 3 years.
- ION Video’s advisory board also includes Kelli Richards, and the company says it plans to add more members over time.
Why It Matters
ION Video is adding senior names to support its enterprise sales push around four foundational patents that virtualise video at the file-architecture level without transcoding. The mix of streaming, AI governance and broadcast expertise fits the customer set ION says it is pursuing globally, while the board structure is designed for introductions and strategic guidance rather than direct governance. The clearest next signal is whether any of these appointments leads to a binding commercial agreement, since advisers get a 6% fee on net revenue from deals they help originate.
Read full article at stockwirex.com
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