Video game content-oriented network Machinima has found a leader to help guide it in a new direction.

Chad Gutstein, formerly a chief operating officer with the arts cable channel Ovation, has signed on to become the company’s new CEO. He replaces co-founder Allen DeBevoise, who stepped down from his position last November, but remains on board with the company as a chairman.

This news follows Warner Bros. $18 million investment in the channel, as well as the dismissal of approximately 30 percent of its workforce.

Gutstein has stated that he doesn’t intend to stretch Machinima’s content outside of its core offerings for video game players and “fanboys,” although he is looking to create a better “tool set” that will benefit content creators.

Source: Wall Street Journal