Ascent Media Group, LLC (AMG) today announced that Maurizio Cimelli has been appointed Senior Vice President, Europe, Middle East (EMEA), effective immediately. Cimelli will be based at Ascent 142 in London, one of the region’s largest and most complete providers of fully-integrated digital media content management and post production services. In his new role, Cimelli will oversee sales, business development and P&L for Content Services businesses across the UK and EMEA region. “Maurizio is a welcome addition to Ascent Media’s global senior management team, bringing the requisite credibility, leadership and customer relationships required to drive Ascent’s growth in EMEA,” said Jose Royo, CEO of Ascent Media. As SVP, EMEA and a member of the Global Strategic Solutions team, Cimelli will work with Ascent’s UK senior management team to create and review local opportunities and investment requirements that align with Ascent’s global business strategy, while driving the execution of the company’s strategic vision in the region. Additionally, Cimelli will oversee all client interactions and ensure quality of service. He reports directly to Tom Kuehle, Executive Vice President, Strategic Solutions. "Ascent Media's expertise as a thought leader and service provider for businesses making, managing, moving and monetizing rich media content, makes the company extremely well-positioned for the future. I want to provide our team in the EMEA region with the strategic resources they need to further accelerate our growth in a highly competitive convergent world," said Cimelli. Over the course of his 15 years in the media industry and prior to joining Ascent, Cimelli was managing director of the London Playout Centre before it was bought by Ascent Media in 2004. He also led a number of strategic projects with global media and entertainment companies, including Incito Media, to transform the monetization of content in the digital supply chain. He is responsible for securing some of the largest broadcast contracts in EMEA. Having qualified as a Chartered Management Accountant, Maurizio joined the media industry where, earlier in his career, he helped build and re-engineer many of today’s established media service providers. His experience ranges from running large studio facilities to building global operations that service blue chip, international entertainment customers.
About Ascent Media GroupSanta Monica, California-based Ascent Media Group, LLC is a wholly-owned subsidiary of Ascent Media Corporation (NASDAQ:ASCMA). With more than 40 facilities worldwide, Ascent Media Group is a leading provider of fully integrated, end-to-end services for the global digital media supply chain. Guided by our entrepreneurial culture, we blend breakthrough creative with emerging technologies to deliver some of the most advanced and innovative media solutions to help film and television studios, independent producers, broadcast networks, cable channels, advertising agencies and other companies make, manage, move and monetize their digital media. Forward-Looking Statements Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Ascent Media Corporation and its subsidiaries or industry results, to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors include, among others: the risks and factors described in the statements and reports of Ascent Media Corporation filed or furnished with the Securities and Exchange Commission (and publicly available at the Securities and Exchange Commission’s website, www.sec.gov ); general economic and business conditions and industry trends; spending on television advertising, first-run content libraries and existing content libraries; the regulatory and competitive environment of the industries in which Ascent Media Corporation operates; rapid technological changes; future financial performance, including availability, terms and deployment of capital; changes in, or failure to comply with, government regulations, including, without limitation, regulations of the Federal Communications Commission, and adverse outcomes from regulatory proceedings; and competitor responses to Ascent Media Corporation’s products and services, and the overall market acceptance of such products and services, including acceptance of the pricing of such products and services. These forward-looking statements speak only as of the date of this Release. Ascent Media Corporation expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Ascent Media Corporation’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.