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    Director & Chief Executive - London, United Kingdom - Immaterial

    Immaterial
    Immaterial London, United Kingdom

    2 weeks ago

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    Description

    The media venture studio Immaterial is recruiting a Managing Director to further establish and grow our early-stage company, partnering with leading creators, producers and commercial partners to launch and operate new shows in the media landscape, ranging from podcasts to video series.

    You are specialised in project development and commercial growth within media, culture and entertainment, possessing both a hands-on mentality and an eye for the bigger picture.

    Our mission is to appeal to the English-speaking world with the series we develop, building and monetising them into household brands in their content categories.

    Our greatest asset is our deep and ever-evolving understanding of people, culture, media and technology. We seize opportunities in emerging technologies, trends and behavioural shifts, finding pockets where massive cultural and commercial potential coincide.

    Unbound by formats, as production is something we partner with others for, we are able to develop concepts freely, focusing solely on the audience.

    Our first project, launched in March 2024, is the football podcast Heroes & Humans, hosted by Simon Kuper, a Financial Times columnist and renowned football writer, and Mehreen Khan, Economics Editor of The Times, portraying notable people within the sport.

    Today, there is no sports show among the global top 25 podcasts, despite an estimated 20% of podcast listening being in the sports category.

    You are entering the company in an early phase, where some of the first assignments will be to establish our HQ, accelerate the Heroes & Humans project, build the team, develop partnerships, and start planning for new initiatives.

    The key position as Managing Director comes with a competitive compensation package for an early-stage media company, with an equitable base salary and stock options, reflecting the responsibility of driving our company's growth and organisational development.

    By this fall, we plan to accelerate commercial growth, refine our first landmark project, and start developing our second and third projects.

    For our next media brands, we are carefully exploring potential content themes, from travel to the arts.

    In the near future, the business will mainly grow organically, where the commercial viability and efficiency of existing or near-term projects will unlock opportunities for additional external investments.

    After incrementally developing and launching our first 2-3 projects, while refining our ways of working, we will then enter a period of fast scaling (tentatively in the fall of

    You will work closely with our founder/chair (who works part-time with the company), as well as with the creators, producers and partners we collaborate with.

    In August-September 2024, a visiting MBA candidate from Stanford GSB (with strategy consulting experience) will support you in creating an external assessment and a near-future plan for the company.

    We embrace long-term relationships and partnerships.
    # That's why we choose our initiatives with care and only do projects meeting all our requirements, both from storytelling and market perspectives. We go for highly engaging content categories. Our projects can take many forms and expressions.


    Strategy:
    Outline and implement robust strategies aimed at propelling commercial expansion and project development. Drive organic growth by enhancing the commercial viability and operational efficiency of existing and near-term projects. Includes scaling our projects' audience base, maximising and diversifying revenue streams.
    Develop an operational playbook with our best practices in project development, creative processes, and strategic approaches.

    Optimise the entire value chain, driving efficiency and profitability across all facets of development, production, distribution, branding, marketing & community engagement, and monetisation.

    Budgeting, forecasting, and financial planning to ensure the company's projects and operational activities are financially viable. Monitor financial performance, adjusting plans as necessary to address challenges and seize opportunities for growth.


    Back office functions:

    Oversee the setup and management of back office functions, including HR, finance, and IT, and establish a physical office in London to support our team's needs and productivity.


    Project oversight and development:
    Refine our existing projects, such as the flagship football podcast, and spearhead the development of new initiatives.

    Managing diverse content themes and audiences, while ensuring that each project is strategically aligned with our mission and growth objectives.


    Partnership development:
    Cultivate and deepen relationships with creators, platforms, producers and brands.
    10+ years of managerial experience in commercial development of media, entertainment and/or cultural IP rights
    ~ Experience with P&L responsibility, strong financial skills and a proven track record of optimising capital efficiency
    ~ Have worked across various media formats, such as audio, video and the written word
    ~ Proven track-record of driving commercial growth and strategic sales
    ~ Understanding of growth marketing and data-driven analysis – and an ability to apply it in decision-making
    ~ Strong project and process development skills and a proven track record of creating efficient and fast-moving ways of working
    ~ Being an inspiring leader, compatible both with creative and commercial people and with a natural ability to transfer knowledge
    ~ Compensation & benefits
    ~£Performance-based salary bonus
    ~ Pension contributions
    ~ Flexible work up to two days per week
    ~33 days of annual vacation, including bank holidays

    #
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