Sorenson Media has named Peter Csathy as its president and chief executive officer (CEO).
Csathy is a 20-year veteran of the digital media industry with significant expertise in the online video arena.
Sorenson Media specializes in online video compression and encoding technology and solutions.
Csathy said he was looking forward to driving the company into new high growth areas.
"Internet video is still in its early innings, and we see an opportunity to become a significant player in this multi-billion dollar and transformative industry," he said.
|Peter Csathy, CEO Sorensen Media|
Csathy worked in C-level roles at three successful high-growth companies, including most recently as CEO of SightSpeed, president and chief operating officer (COO) of Musicmatch, and COO of eNow.
SightSpeed was acquired by Logitech late in 2008, in the midst of the current economic meltdown; Musicmatch was acquired by Yahoo in 2004; and eNow was acquired by AOL-Time Warner in 2006.
Prior to these positions, Csathy served as senior VP at Universal Studios, with responsibility for driving and executing all national and global new business opportunities, M&A activity, strategic partnerships and initiatives for that company’s Recreation Group.
He has also worked as a senior executive at Savoy Pictures Entertainment and New Line Cinema, after launching his career as a media and intellectual property attorney for clients in the motion picture and music industries.
Csathy obtained his JD from Harvard University and his bachelor’s degree in political science, summa cum laude, from the University of Minnesota.
He will direct all areas of Soreson Media’s operations and strategic initiatives.