Directorate Change
01 6월 2004 - 4:00PM
UK Regulatory
RNS Number:2135Z
Music Choice Europe PLC
01 June 2004
Music Choice Europe plc
("Music Choice" or "the Company")
Board Change
1 June 2004
Music Choice Europe plc, Europe's leading digital audio broadcaster, is pleased
to announce the appointment of Ronald E Grant to the Board as Non-Executive
Director, with immediate effect. Ron will replace Paul Vidich as the
representative of Time Warner Inc. ("Time Warner"), one of Music Choice's
founding shareholders.
Ron, Senior Vice President of Entertainment and Networks Group for Time Warner,
joined America Online ("AOL") in 1997 as a Vice President, before progressing to
Senior Vice President of Business Affairs and Development. In his current role
Ron assists the Chairman in overseeing HBO, Turner Networks, The WB, Warner
Bros. Entertainment and New Line Cinema and The Warner Music Group. He also led
the cross-divisional partnerships with Microsoft, MusicNet and Viva Media.
Prior to joining AOL, Ron was a Partner in the Communications and Entertainment
Practice of Mercer Management Consulting, where he specialised in creating and
managing strategies for clients in the Internet, telecommunications and media
industries. Previously, Ron spent three years at NYNEX where he was Director of
International Business Development.
He holds a B.A. in Economics from Dartmouth College and an MBA in Finance and
International Business from Columbia Business School.
The Board can confirm that there is no relevant information to disclose under
paragraphs 6.F.2 (b) to (g) of the Listing Rules in relation to Ron Grant's
appointment.
Consequently, Paul Vidich has resigned from the Board with immediate effect.
Mike Thomas, Chairman of Music Choice, commented:
"We are delighted to welcome Ron Grant to the Board and look forward to drawing
on his extensive experience in the media industry. Since the foundation of Music
Choice,Time Warner has been a constant supporter of the Company and we value the
input gained from having one of their executives on board. We would also like to
take this opportunity to thank Paul Vidich for his invaluable contribution over
the years."
- Ends -
For further information, please contact:
Music Choice Europe plc 020 7014 8700
Margot Daly, Chief Executive
Dylan Jones
Weber Shandwick Square Mile 020 7067 0700
Louise Robson or Helen Thomas
About Music Choice Europe
Music Choice is Europe's leading digital audio music broadcaster, available in
more than 13 million homes in 18 countries across Europe and the Middle East.
Music Choice provides consumers with non-stop digital-quality music channels,
completely uninterrupted by DJ chat, adverts, VJs or presenters, 24 hours a day,
seven days a week. With no interruptions for advertising, Music Choice's
channels play about 25% more music than the average commercial radio station or
music television channel. Founded in 1993, Music Choice is a public company
listed on the London Stock Exchange (LSE: MUS), with key shareholders including
BSkyB, Warner Music and Sony Corporation.
To find out more about Music Choice visit: http://www.musicchoice.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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