AOL Live President Nathan Richardson Exits

Company puts live-programming project on hold with departure of former Waywire co-founder

AOL Live President Nathan Richardson Exits

Nathan Richardson has left AOL as head of the company’s live-programming initiative — a little over two months after he was hired — and the Internet company has put the program the exec was developing on hold.

Richardson had previously co-founded Waywire, a video-aggregation site backed by New Jersey politician Corey Booker, former mayor of Newark who was just elected to the open U.S. Senate seat from the state.

Sources confirmed a report by Politico about Richardson’s departure. An AOL rep declined to confirm the report or otherwise comment.

However, the spokesman said, “We have decided to pause on launching ‘770 Live From AOL’ to ensure we are building a platform that will deliver across the board for consumers, partners and for AOL.” The company had held open auditions this summer seeking anchors to deliver AOL Live’s mix of news, sports, weather and entertainment.

The AOL Live project is overseen by Susan Lyne, CEO of AOL’s Brand Group, previously CEO of luxury brand e-retailer Gilt Groupe and former president of ABC Entertainment.

Lyne announced Richardson’s hire in a Sept. 5 blog post, saying his “background in digital media, e-commerce and startups brings a combination of experiences that will allow us to build a truly unique, differentiated and compelling AOL Live product.” She had previously hired Richardson when she was running Gilt Groupe.