Ex-Newsweek Exec Osberg to Head Buzzwire

Newsweek veteran and CNET executive Greg Osberg was named CEO of Buzzwire, a company that streams video content to mobile devices. He succeeds Andrew MacFarlane, who was a founder of the company and its CEO and who will stay involved as chairman and chief product officer.
 
Founded in 2006, Buzzwire is based in Denver and backed by Matrix Partners, Sequel Venture Partners and Spark Capital.
 
Osberg’s interactive media background made him the ideal person to lead Buzzwire as it seeks to capitalize on the growth of mobile media, said Bijan Sabet, general partner of Spark and a Buzzwire board director.
 
Osberg held several positions at Newsweek, rising to president and worldwide publisher before stepping down earlier this fall. The title had recently undergone major changes, with Viacom vet Thomas Ascheim taking over as CEO in January, succeeding Rick Smith, and Ann McDaniel, a vp of Newsweek parent Washington Post Co., becoming its managing director. The title also accepted more than 100 buyouts earlier in the year. Osberg said his departure was unrelated to those events.
 
Earlier in his career, Osberg was president of sales and marketing at CNET.