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Pluto TV Names Spotify's Parks As Chairman

Los Angeles-based Pluto TV, the Internet television service startup backed by USVP, Sky, United Talent Agency, Terry Semel, Great Oaks Venture Capital, Chicago Ventures, Luminari Capital, said Wednesday that it has named Ken Parks as Executive Chairman. Parks was the Chief Content Officer at Spotify. According to Pluto TV, Parks will also take on full time duties leading its content, distribution and monetization efforts. Pluto TV said that Parks will remain as a special advisor to Spotify founder and CEO Daniel Ek. Parks had been at Spotify since 2007.