New FCC Chair Has Strong Venture & Digital Ties

WASHINGTON, DC (Hypebot) – Julius Genachowski will be named Chairman of The Federal Communications Commission according to several news sources. As with most things Obama, this is not you're father's FCC chair. From his bio:

  • Cofounder and managing director of venture capital firm Rock Creek.
  • Founding partner of LaunchBox Digital
  • Chairman and cofounder of Thummit
  • From 1997-2005, senior exec for 8 years at Barry Diller's IAC/InterActiveCorp/
  • He has served on the Boards of Directors or Advisors of several companies, including Web.com, Ticketmaster, The Motley Fool, Beliefnet (sold to NewsCorp), Truveo (sold to AOL), and Rapt (sold to Microsoft).

    An Obama/Genachowski administration can be expected to more aggressively license and promote wireless internet and other technologies that will enable the next generation of information and entertainment delivery.

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