Brian Robbins, the CEO and co-founder of AwesomenessTV, is stepping down.
AwesomenessTV started life in 2012, as a YouTube channel aimed at teens and tweens, but has evolved with the digital video landscape and now has content in places like ITV2 and Netflix, and is valued at $650 million.
In 2013, DreamWorks Animation bought AwesomenessTV for around $33 million. When Comcast bought DreamWorks, it took over the majority stake. But Verizon and Hearst also own 24.5 per cent each of the company.
Brett Boutier, AwesomenessTV’s president, will now take the role as CEO of the company.
“After an amazing ride, five fantastic years building an awesome company and brand alongside an incredible team of people, the time is right for me to pass the baton and seek new challenges,” said Robbins.