Guggenheim Digital Media, the unit of Guggenheim Partners formed last year to explore new media acquisitions and investments, shed one of its key deal makers this week, according to multiple press reports.
Zander Lurie, a former CBS executive who joined GDM about a year ago, has left the group, Recode and Deadline.com reported. The group had been involved in a bid to acquire Hulu last year. That deal never materialized -- Hulu's owners decided not to sell.
Lurie's departure follows what had been referred to as a restructuring of some of its investments. Last week Variety reported that some changes had been made to the responsibilities of the group's upper management. GDM CEO Ross Levinsohn's duties are now said to focus entirely on business development and no longer involve the management of its trade publication investments.
Lurie told Variety he left to pursue other opportunities.
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