NEW YORK, May 3 /PRNewswire/ -- MTV Networks (MTVN), a unit of Viacom
(NYSE: VIA and VIA.B), has appointed Paul Rourke as Senior Vice President
and Chief Financial Officer, MTV Networks International (MTVNI). In his new
role, Rourke will be a key member of the international senior management
team, with responsibility for all financial functions and matters across
all regional operations and business units. Rourke will continue to be
based in New York, and report to Colette Chestnut, Executive Vice President
and Chief Financial Officer, MTVN and Alex Ferrari, Chief Operating
Officer, MTVNI.
(Photo: http://www.newscom.com/cgi-bin/prnh/20070503/NYTH082 )
"MTV Networks International is presently undergoing a significant
restructuring of its international organization to focus resources in high
growth business units and markets. I feel that Paul will bring a strong
level of financial leadership and expertise to the management team as they
continue to expand growth with audiences across borders and platforms,"
said Chestnut.
"During this period of transformation at MTV Networks International, we
are mobilizing resources to build our multiplatform brand portfolios in
priority markets and expand our growing revenue areas such as ad sales,
digital media, program sales and consumer products. Paul's domestic
expertise as well as his background supporting the company's global
consumer products business will help position us well for our next phase of
international growth," commented Ferrari.
Rourke joined MTVN in July 2006, as Senior Vice President, Corporate
Finance. In this role, he was responsible for the company's cash
management, global treasury operations and financial operations of MTVN's
robust global consumer products business. Prior to joining MTVN, Rourke
worked as Senior Vice President of Treasury Operations for CBS Radio, one
of the largest major- market radio operators in the United States. Rourke
has also served as Treasurer of Scient Inc., a New York-based tech
consulting firm, and held a variety of finance positions at marketing and
communications company Young & Rubicam Inc.
MTV Networks International is one of the fastest growing units of MTV
Networks, which has the world's largest portfolio of media brands, with 135
TV channels and more than 200 digital media services. MTV is the most
widely distributed TV brand globally seen 493 million households in 161
countries, while Nickelodeon is the most widely distributed kids' TV brand
seen in 211 million TV households.
In 2006, MTVNI achieved numerous milestones that helped the company
accelerate growth, including its largest acquisition in the Asia-Pacific
region by taking full ownership of MTV Japan. The company launched nine new
TV channels and became the top international mobile TV player, with 22 new
services launched across brands. The company also launched ground-breaking
broadband, cross-platform and social networking services, including nine
MTV Overdrives, Flux in the U.K. and Japan, QOOB in Italy, MTV Boombox in
Korea and La Zona in Latin America. Nickelodeon also gained tremendous
momentum with consumer products topping $1 billion in retail revenue,
including the licensing phenomenon Dora the Explorer with $600 million
retail sales outside the U.S.
About MTV Networks International
MTVNI includes the premier multimedia entertainment brands MTV: Music
Television, VH1, Nickelodeon, TMF (The Music Factory), VIVA, Flux,
Paramount Comedy, Comedy Central and Game One. MTV Networks' brands are
seen in 493 million households in 161 countries and 32 languages via 136
locally programmed and operated TV channels and more than 200 digital media
properties. The company's diverse holdings include interests in television
syndication, digital media, publishing, home video, radio, recorded music,
licensing & merchandising and two feature film divisions, MTV Films and
Nickelodeon Movies.
About MTV Networks
MTV Networks, a unit of Viacom (NYSE: VIA, VIA.B), is one of the
world's leading creators of programming and content across all media
platforms. MTV Networks, with 136 channels worldwide, owns and operates the
following television programming services - MTV: MUSIC TELEVISION, MTV2,
VH1, mtvU, NICKELODEON, NICK at NITE, COMEDY CENTRAL, TV LAND, SPIKE TV,
CMT, NOGGIN/THE N, VH1 CLASSIC, LOGO, MTVN INTERNATIONAL and THE DIGITAL
SUITE FROM MTV NETWORKS, a package of 13 digital services, all of these
networks trademarks of MTV Networks. MTV Networks connects with its
audiences through its robust consumer products businesses and its more than
200 interactive properties worldwide, including online, broadband, wireless
and interactive television services and also has licensing agreements,
joint ventures, and syndication deals whereby all of its programming
services can be seen worldwide.
SOURCE MTV Networks
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Related links:
http://www.mtv.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20070503/NYTH082
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Mark Jafar, MTV Networks - NY,
+1-212-846-8961, mark.jafar@mtvstaff.com; or Rob Hooper, MTV
Networks International - London, +44-0-20-7478-6520,
hooper.rob@mtvne.com
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