ots: Motion Network Hires Budd Margolis To Lead Aggressive ...
15:32 21.04.08
Motion Network Hires Budd Margolis To Lead Aggressive Commercial
Strategy
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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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stock market/media
Paris (euro adhoc) - Motion Network Holding Plc ("MNH") and parent
company of Motion Network TV ("MNTV"), the first 24/7 free movie
channel in Europe, announces the appointment of Budd Margolis as
Director of eCommerce and Shopping for the interactive retail
operations of the Motion Network. The new position combines MNH's
European vision and network with the ability to provide retail
services to our growing global audience
Margolis, an American based in London for the past 20 years is an
acknowledged expert in the field of international TV home shopping.
He was the former head of eCommerce for British Telecoms openworld
broadband operation and was with QVC UK as a senior producer in 1993
& 1994 during the started up period . He has worked for and advised
TV Shopping channels in China, India, Russia, USA as well as
Australia and across Europe. Margolis has also advised web
operations, broadcasters, major department stores and retailers
across the globe. His experience includes TV3 the first commercially
supported Pan Scandinavian TV channel and was one of the first
producers Sky TV where he worked on the first pan European sports
channel Eurosport.
Rio Pierre-Yves Dongour Founder and CEO of Motion Network Holding PLC
said "We have been very successful with acquiring film content and
have greatly expanded our network with many new agreements lately.
We are thrilled that Budd Margolis, an expert and visionary in the
area of interactive retail, someone who has real experience and can
build a considerable commercial operation, has agreed to join our
team and build our retailing operation."
Margolis commented, "There is a gap in the market that the Motion
Network group has identified and I fully appreciate the unique
commercial global opportunity to expand this business line for the
company. What attracted me to Motion Network was the management,
their experience and determination to build a Pan Europe channel that
has global aspirations.
Christophe Kay Kourdouly Co-founder Executive VP Head Of Business
Development added "The TV Home Shopping and eCommerce areas have
matured and now command a serious niche with considerable revenues.
The combination of the two formats is a proven & powerful phenomenon
and there are additional areas, especially with luxury and branded
goods, where we can develop and properly exploit via the MNTV
network. Adding Budd Margolis to the team makes it possible to
successfully develop this area of our business."
Margolis has recently consulted TV shopping channel operations in
Delhi, Moscow, Los Angeles, London and Seoul and has developed
interactive strategies for the luxury goods market. He is a
proponent of the growth of interactive retail and convergence and has
written and spoken on the subject frequently. Margolis said "I am
confident this new platform will provide retailers with the format to
educate and entertain in order to drive sales and traffic to improve
their business. It is a win/win for customers as well who will learn
about quality products they can own and enjoy."
In the UK alone there are some 40 dedicated 24/7 shopping channels
which range from live to infomercial, travel and price drop/auction
formats. Most countries now have shop channels and their web sites
are especially successful because of the exposure and ability to
demonstrate and inform viewers.
"What will distinguish our offering is a commitment towards quality
and our ability to capture the essence of a truly wonderful shopping
experience." Margolis commented. "You can see there is great demand
for goods but there is little access. That´s where Motion Network
Shopping comes in. We will gain the trust and confidence of our
audience by respecting them, bringing unique quality products and
entertaining them. It is not a simple task but when you get it right
you then control a very powerful distribution channel that provides
customer delight."
About Motion Network Holding Plc ("MNH")
MNH operates in the sector of communication and provides B2C and B2B
services in the area of Television, IPTV, Internet, media content
production and post production, software and retail. MNH operating
services cover mostly Europe, Far East and the US. MNH's wholly owned
Luxembourg subsidiary Motion Network TV ("MNTV") is the main group
company that operates as a pan European film and music dedicated TV
channel. For further information visit
www.motionnetworktv.com.About Swiss Hawk AG
Swiss Hawk AG is building an alternative asset investment company
focused on the environmental technology sector. The company pursues
an aggressive investment policy based on actively investing and
trading mainly in late stage pre-IPO and IPOs with high-growth
potential and planned short term exit. Swiss Hawk is listed on the
Frankfurt Stock Exchange Open Market.
end of announcement euro adhoc
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ots Originaltext: Motion Network TV
Im Internet recherchierbar:
www.presseportal.deContact:
Christophe Kourdouly
Telefon: +33 1 72 100 214
E-Mail: christophe@antetimeprod.com
Branche: Media
ISIN:
GB00B291K520WKN:
A0M910Börsen: Börse Frankfurt / Open Market
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