Appointment comes ahead of MovieCoin closing financing for Series B Preferred shares; Proceeds will capitalize strategic acquisitions, investments and further executive appointments
VANCOUVER, British Columbia, Aug. 14, 2018 /CNW/ -- MovieCoin, a leading next-generation financial technology company that is leveraging blockchain technology and cryptographic tokens to revolutionize the film and entertainment industry, announced today the appointment of Marty Pompadur to its Board of Directors.
Mr. Pompadur is a luminary within the media and entertainment industry whose distinguished career started with American Broadcasting Companies (ABC), where he became the organization's youngest-ever member of the Board of Directors. He also served as President at Ziff Corporation, one of the world's largest publishers of business publications and consumer special interest magazines, and later became Chairman and CEO at RP Companies, where he managed several strategic partnerships and successfully expanded its television and radio programming businesses. Concurrently, Mr. Pompadur consulted for News Corporation and wrote the business plan for the start-up of Fox Television Network. He went on to serve as Chairman of News Corp Europe, where he was responsible for building media and entertainment assets in Europe, the former Soviet Union and the Middle East. In recognition of his contributions to the industry, Mr. Pompadur has received many awards including the Steven J. Ross Humanitarian Award by the Entertainment, Media & Communications Division of the UJA - Federation of New York, the Ward L. Quaal Pioneer Award from the Broadcasters Foundation of America and the Digital TV Europe Lifetime Achievement Award.
"Marty has been a well-established advocate for emerging companies in media and entertainment for many years," said Christopher Woodrow, MovieCoin Chairman and CEO. "I am thrilled to have him join our Board and look forward to leveraging his industry expertise and extensive network. I am confident that Marty's business management experience, in conjunction with our vision, will continue to set MovieCoin apart as an entertainment industry financing and transaction solution."
"I look forward to serving on MovieCoin's Board, and to partnering with Christopher and the entire team," said Mr. Pompadur. "MovieCoin is the preeminent company bringing blockchain technology to the film and entertainment industry in a way that benefits industry participants, investors and consumers alike."
Mr. Pompadur continues to be an active investor, advisor and board member for various companies in media and entertainment, including Nexstar Media Group.
MovieCoin is a next-generation financial technology company focused on leveraging blockchain technology, proprietary applications and cryptographic tokens to become the leading entertainment transaction platform for businesses and consumers and the standard currency for funding motion pictures, television and other media. The Company has operations spanning content finance and production, business and consumer services and technology development and licensing. MovieCoin's content finance and production businesses offer programmatic ownership of filmed entertainment assets to financial investors seeking institutionalized exposure to premium content, while the technological development of its digital assets platform utilizes cryptographic tokens to provide businesses with innovative solutions to streamline operations and entertainment enthusiasts with unique and more engaging ways to participate in the movie experience. The Company was founded in 2017 by Christopher Woodrow in partnership with BANKEX and has offices in Vancouver, British Columbia and Santa Monica, California. For more information, please visit https://movie.io.
Prosek Partners on behalf of MovieCoin
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