Ontario Media Development Corporation announces new CEO

    Karen Thorne-Stone to join agency

    TORONTO, June 20 /CNW/ - Ontario Media Development Corporation chair
Kevin Shea announced today that Toronto film commissioner and former economic
development chief Karen Thorne-Stone will be the new president and chief
executive officer of the agency. She will commence her new responsibilities at
the end of July.
    "We are absolutely delighted to have someone with Karen's strong economic
development and cultural industry background," said Shea. "This appointment
will be hugely beneficial for OMDC, our stakeholders in the entertainment and
creative cluster and the people of Ontario." Shea added that the six cultural
sectors served by OMDC contribute $6.7 billion annually to the province's
economy and employ more than 36,000 people.
    "Ontario's cultural industries are key drivers in both our economy and
our international reputation, and they are evolving rapidly," said
Thorne-Stone. "I am thrilled to have been chosen to help lead the OMDC in its
efforts to ensure the continued growth and success of these important sectors.
I look forward to working with the OMDC's innovative board of directors and
impressive staff team."
    Thorne-Stone has been with the city of Toronto for 18 years, where she
served in a variety of roles, including film commissioner and executive
director of economic development. As film commissioner, Thorne-Stone supported
successful negotiations for a new state-of-the-art film studio complex on
Toronto's waterfront, developed an innovative economic development strategy
for the screen-based sector and worked with the OMDC on the development of a
new brand positioning and marketing materials to promote film and television
    As executive director of economic development, Thorne-Stone led the
research and development of a unique brand image for Toronto in collaboration
with the provincial and federal governments; established an international
marketing strategy to increase Toronto's global profile and positioning as a
competitive business and tourism destination; directed the creation and
advancement of labour force and strategic plans for critical economic clusters
including aerospace, financial services, ICT, biotechnology, film and design.
    Thorne-Stone also played a key leadership role in the amalgamation
process that formed the new City of Toronto from seven municipalities in 1998.

    OMDC Board praises performance of acting CEO Kristine Murphy

    OMDC's Board strongly praised the performance of Kristine Murphy, who
served as acting CEO during the search process. Murphy will return to her
position as director of industry development for OMDC.

    About Ontario Media Development Corporation:

    Ontario Media Development Corporation's mandate is to build Ontario's
cultural industries capacity and competitiveness. Through tax credits,
programs and services for the film and television, book and magazine
publishing, music and interactive digital media industries, OMDC maximizes
opportunities for growth and innovation in Ontario and abroad.

    Disponible en français

For further information:

For further information: George McNeillie, Communications, Ontario Media
Development Corporation, T. (416) 314-6858, E. gmcneillie@omdc.on.ca

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Ontario Media Development Corporation

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