Digital library book distribution platform OverDrive has hired YouTube veteran Lee C. Milstein to the newly created position Chief Strategy Officer.
Milstein, who has also held leadership roles at AOL and DivX, will lead OverDrive’s emerging digital media businesses. This includes expanding the company’s push into streaming video and education content and services. Milstein will also guide the organization’s overall strategy and strategic partnerships. Milstein will also lead a market development team that will be based in New York City, a first time the company has had a presence in the city.
“With Lee’s successes in building both revenue and user base in his previous positions, we are confident that his efforts will accelerate the significant growth that we’re experiencing,” stated Steve Potash, CEO of OverDrive. “In addition to working with our Executive team to direct forward-looking strategies and partnerships, Lee will lead our growing streaming video service for our global network of publishers, consumers and institutional partners.”