Press Release #6 (7/9/07)
7/9/07
IN DEMAND NAMES MEDIA FINANCE VETERAN NATHAN FONG TO THE POST OF SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER
New
York, July 9, 2007 - iN DEMAND Networks has named respected media
finance executive Nathan Fong, CPA as Senior Vice President, Chief
Financial Officer. The announcement was made today by Robert D.
Jacobson, President and CEO, to whom he will report. Mr. Fong will
oversee all the accounting, finance, information systems and customer
care functions for the company.
Mr. Fong comes to iN DEMAND from
Rodale, International where he was Chief Financial Officer. Previously,
he was Senior Vice President, Chief Financial Officer at Discovery
Networks International. He spent many years at Twentieth Century Fox
International, as both Divisional Vice President of Finance and
Administration in Los Angeles as well as Regional Finance Director of
Asia Pacific Region based in Hong Kong.
"The breadth and
sophistication of iN DEMAND's numerous businesses requires someone with
an extraordinary skill set to head up its financial division," said Mr.
Jacobson. "We are fortunate to have someone of Mr. Fong's background
joining us and bringing his knowledge of cable, film, international and
publishing as we take advantage of cutting edge technologies to expand
into new business areas."
About iN DEMAND Networks
iN
DEMAND Networks is the pioneer and world leader in providing exciting
entertainment delivered through television's most innovative
technologies. iN DEMAND creates and delivers programming through three
distinct areas of business: Pay-Per-View (PPV), Video-On-Demand (VOD)
and high definition (HD) programming. PPV programming includes movies,
mega boxing and mixed martial arts events and the digital out-of-market
subscription sports packages such as for the MLB, NBA, NHL and MLS. The
company also offers a range of VOD products including first-run movies,
original HD VOD content, and the exclusive TV home of Howard Stern,
Howard TV On Demand. The company also operates the distinctive new MOJO
network (a pioneer in HD, formerly INHD) to serve the upscale male
audience. iN DEMAND's shareholders are Comcast iN DEMAND Holdings,
Inc., Cox Communications Holdings, Inc., and Time Warner Entertainment
- Advance/Newhouse Partnership. Further information about the company
can be found at www.indemand.com.
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