Arroyo’s got a new CEO itching to find more revenue in a world that’s moving to more streamed video. The company tapped sales pro Rick DeGabrielle to step into the CEO shoes vacated more than 6 months ago by Kim Kelly. Look for him to expand Arroyo’s sales team and explore new partnerships, especially in the addressable advertising space. The former exec plans to use his experience with Catena Networks and Ciena to drive revenue for Arroyo. He will oversee Arroyo’s 12 deployments (up from 3 in Jan) with 6 of the top 10 N American cable operators, including Comcast in South Bend, IN, and Time Warner Cable in Portland, ME, and Wilmington, NC. Both Time Warner Investments and Comcast Interactive Capital participated in the vendor’s 1st funding round in April ’04. – CableWORLD’s Mavis Scanlon

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MobiTV Files for Voluntary Bankruptcy

MobiTV started off March by filing for voluntary relief under Chapter 11, saying it intends to use the proceeding to implement a restructure that will position the company for long-term sustainability and growth.

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