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Sam Boal/Photocall Ireland
Storyful

Mark Little is stepping down as head of the news agency he set up

However, the former RTÉ journalist will be staying on as director of editorial innovation.

FORMER RTÉ JOURNALIST Mark Little is stepping down as a CEO of news agency Storyful.

It comes almost a year after the company was acquired by Rupert Murdoch’s media giant News Corp for €18 million on December 20.

The organisation’s Chief Revenue Officer, Rahul Chopra, will take over as CEO.

Little will stay on with the organisation as director of editorial innovation.

“My primary goal when News Corp acquired Storyful a year ago – almost to the day – was to turn our scrappy little Irish start-up into a well-resourced and well-run global company,” he wrote in a blog post, noting Storyful now has offices in Dublin, New York. London and Hong Kong.

But I also needed to guarantee that our integration into News Corp would not compromise our values or our vision.

“Once both of those goals were achieved, I planned to step aside as CEO. That time is now.”

Little has been at the helm of Storyful since its inception in 2010. Previous to this he was best known as Washington Correspondent, and later Prime Time presenter, at the state broadcaster.

Storyful tracks breaking stories and viral videos online.

Verified content is then licensed for use by media organisations, including the BBC, The New York Times, Al Jazeera, and Vice.

“We are in the final stages of a project with the Studio 20 team at NYU to identify problems and solutions as we build an ‘agile newsroom’,” Little said in the blog post.

He also noted that earlier this year the agency partnered with Facebook for the launch of FB Newswire and FB Techwire.

The company announced last month that it would be setting up a research and development centre in Dublin, creating 30 new jobs.

Read: Storyful is opening a new research centre in Dublin (with 30 jobs) >

More: Ray D’Arcy is leaving Today FM for RTÉ >

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