YouTube: Robert Kyncl to step down from the role of Chief Business Officer

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    Robert Kyncl, YouTube’s chief business officer, will retire in October, a representative for the company revealed to The Hollywood Reporter on Monday. On October 3, Mary Ellen Coe, who is presently Google’s head of worldwide customer solutions, will take over for Kyncl.

    “After 12 incredible years, I’ve decided to move on to the next challenge soon. Working alongside creators, artists, media and music companies to transform media has been a privilege,” Kyncl tweeted on Monday.

    At YouTube, Kyncl assisted in overseeing the rollout of the company’s paid membership service, YouTube Premium, as well as YouTube Originals, the company’s foray into producing original scripted and unscripted content.

    credit: bloomberg

    Despite the fact that hit shows like Cobra Kai were produced as a result of the original programming effort, which was at the time led by veteran TV executive Susanne Daniels, Kyncl announced earlier this year that YouTube would drastically scale back its original programming going forward and will only support projects from its Black Voices and YouTube Kids funds.

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    A top platform for creator monetization, YouTube reported last summer that it had paid out more than $30 billion to creators over the course of three years, primarily as a result of advertising, merchandise, and other service features. The longtime executive, however, was also crucial in strengthening YouTube’s business relationships with online creators.

    Kyncl, a native of Czechoslovakia, joins the Google-owned video company from Netflix, where he spent almost eight years as vp content.

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