In the area of streaming video and television, Mode Media (previously Glam) had quietly filed for IPO in 2013 and postponed it's IPO indefinitely in 2011. I'm sure board member Mark Andreessen would love to push it forward but is this the right time with markets at all time new highs?
Glam Media changed its name to Mode Media at its NewFronts event today in New York. Glam chief Samir Arora told Adweek prior to the presentation that the new moniker reflects a commitment to entertainment as well as rebranding its properties beyond its core women's lifestyle offerings.
And he's evidently not kidding about entertainment. Over the last 18 months, his team has quietly developed a consumer-facing video product, which Arora likens more to Netflix than iTunes. Five to 20 percent of the video programming will be original content, but the rest of the shows will originate from syndicated deals made with TV companies. Mode Media has been working with Creative Artists Agency (CAA) to acquire qual