HOLLYWOOD, Feb. 11, 2014 (GLOBE NEWSWIRE) -- The Digital Development Group Corp. (OTCBB:DIDG) today announced the reappointment of Bryan Subotnick to its Board of Directors, filling the vacancy left by the recent departure of Joseph Q. Bretz. Subotnick had previously served as board member from August 2012 to March 2013.
Company CEO Martin W. Greenwald enthused, "I am delighted to welcome Bryan back. His expertise in our space is of the highest caliber. I look forward to working with him on a broad array of strategic initiatives, as well as to increase shareholder value."
The media industry veteran is currently CEO at The Subotnick Group, a firm specializing in incubation, seed, and growth-stage investments in private and public companies. As VP of Big City Radio from 1995 to 2004, he led a raise of over $33 Million in an IPO. He was founding partner of the entertainment law firm Shanker & Subotnick, as well as VP and General Counsel of at Papamarkou & Company, an SEC-registered asset management firm. He holds a B.S. in Finance from Syracuse University and a J.D. from the Brooklyn Law School.
Said Subotnick, "Internet television is something I've been connected with for years and think it's about to explode. The big names are competing in the same space and paying astronomical sums for the exact same flat content. They just woke up and discovered the need for distinctive original content to attract and retain subscribers. Marty realized a long time ago that the next phase in internet television was to unleash the power of catering to the underserved market of people's special and varied interests. DigiDev TV is perfectly positioned to serve this constituency by offering compelling content no one else has to offer. DigiDev TV's unique offerings should be a win for both our customers and shareholders. I couldn't be happier to be back on board."
The Digital Development Group posted strong revenue and subscriber growth in January 2014.
Additional details of the company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. Please refer to our full disclaimer, which includes our safe harbor statement, by clicking on or copying this link below into your browser: http://www.digidev.com/hq/disclaimer
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Source:The Digital Development Group