Ascent Media Group, LLC (Ascent Media) today announced it has appointed David Walters to Senior Vice President of Global Technical Operations and Infrastructure, and Eric Denna to Senior Vice President of Global Process Design. Walters and Denna will be based at Ascent’s Santa Monica offices and report directly to Douglas Parrish, EVP Operations. Walters will be responsible for architecture and deployment of global infrastructure, specifically focusing on networks, content storage, and enterprise computing. Along with his team, Walters will ensure Ascent Media’s infrastructure properly supports the diverse needs of its businesses and operates with the highest availability and reliability, while maintaining optimal cost and reducing the overall use of resources. Denna will lead Ascent Media’s Global Process Design team and help further streamline and simplify media service delivery by defining and implementing successful business processes, production workflows, and system tools that will allow the company to operate more cost-efficiently, at scale, and at an even-higher level of quality. “The addition of David and Eric to our team greatly strengthens our global operations leadership,” said Douglas Parrish, EVP Operations of Ascent Media Group. “The combination of their expertise in information technology and business processes will be invaluable in implementing cost-efficient programs that will help further strengthen our global reach while reinforcing our commitment to best address our customers’ growing needs worldwide.” Most recently, Walters served as Vice President of Technical Operations at Walt Disney Company’s Internet division where he was in charge of the engineering, building and ongoing management of hosting environments for Disney’s Internet services; ABC, ESPN, Online Parks and Resorts, and other Disney online branded products. Walters also worked with Microsoft in London, UK, and Redmond, WA, holding a variety of roles in product development, systems engineering and management. He was part of the early product development efforts for Microsoft’s Enterprise BackOffice Suite, and joined the MSN Product Development organization close to the inception of the commercial Internet.
Prior to Ascent Media, Denna worked with Ernst & Young, Price Waterhouse, and Coopers & Lybrand. He also served as Chief Information Officer for Times Mirror Corporation, for Brigham Young University, and for The Church of Jesus Christ of Latter-Day Saints. He was associate professor of information systems at BYU’s Marriott School of Management. Denna, who has written five books and several scholarly and professional articles on the strategic use of information technology, holds a PhD in Information Systems from Michigan State University and a master’s degree in information systems from BYU.About Ascent Media Group Santa 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.