After two years as non-executive chairman of UK connected TV venture YouView, Lord Sugar has indicated that he plans to step down from his role in the next few weeks to concentrate on other interests.
“When I joined YouView in 2011, my brief from the shareholders was to use my experience in the electronics industry to get the product to market and into the homes of consumers,” said Lord Sugar.
“Having done that successfully, my job is complete and I will now focus my time and attention into my other businesses.”
YouView is already in at least 140,000 UK homes (and probably many more): telco BT, a founding partner in the project, had sold 60,000 YouView packages by the end of 2012, while rival TalkTalk reported having sold 80,000.
The search for YouView’s chairman continues…