ISD had run without CEO for five months (John resigned in March,...

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8horse

34,312 Posts.

9024

03/01/19

16:39

Post #: 37016271
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Originally posted by voyage2infinity ↑

Originally posted by 8horse
Leadership is paramount to be successful in running a business.

I'm investing in ISD based on the new management team.

What do you reckon Meltwater's vision?
How come they unlawfully used iSentia's contents to service their clients? Was part of their founder's vision?

Meltwater agrees to Federal Court order in Isentia row
By Arvind Hickman | 23 June 2017

image: http://aka-cdn-ns.adtechus.com/images/Default_Size_16_1x1.gif
image: http://yaffa-cdn.s3.amazonaws.com/adnews/live/images/yafNews/featureImage/Isentia-Meltwater.png

Meltwater has consented to a Federal Court court order to prevent it from supplying Isentia press clippings to clients.

Isentia filed a court application last week to prevent Meltwater from unlawfully using its services. This includes using a company in India to scrape content from Isentia services, which Isenta alleges is a 'free ride on Isentia’s technology, copyright licences and rights with publishers'.

Isentia claimed this enabled Meltwater to provide press clippings to its own clients without having to pay any of the costs or copyright fees involved.

It also alleged Meltwater made false representations to its customers, including current and former Isentia customers, concerning Isentia’s services in breach of the Australian Consumer Law.

Read more at http://www.adnews.com.au/news/meltw...ourt-order-in-isentia-row#2Is7qdP0kAc27Dl1.99
I agree, I am invested in isentia because of it's new management.
Looking at Meltwater they are big in rest of the World. Isentia has strong ground in Australia so with new management there is lot of hope in catching up.

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ISD had run without CEO for five months (John resigned in March, Ed Harrison former Yahoo7 CEO joined ISD in August 2018).

In November 2018, former Yahoo7 CTO, Paul Russell as chief technology officer, replacing CIO, Andrea Walsh, who left in May.

Chief product officer, Jen Marshall, former product director at Fairfax, will be joining ISD on 7 January 2019.

New CFO, Peter McClelland, effective 18 February 2019.

ISD is still a very profitable business with $120m revenue and $20m-$25m EBITDA without considering any possible reduction in copyright and further $5m cost saving next year.

Appointments of high profile New management team are definitely a positive move to drive business back on track, imo.

Last edited by 8horse: 03/01/19

ISD Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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