DIGITAL AND BROADCAST PIONEER JARL MOHN INVESTS IN AND JOINS GLAM MEDIA
CNET Chairman and E.W. Scripps Board Director to help lead rich media strategy as strategic advisor and private investor
NEW YORK - December 14, 2006 - Glam Media, a fashion and lifestyle online hub, today announced that Jarl Mohn was named executive advisor. In addition, Mohn has made a financial investment in Glam Media and will lend his expertise across video and content distribution to help shape the company’s future.
“With decades of experience creating and advising some of the most recognized media brands, including MTV, VH1, E! Entertainment Television and CNET, Jarl is a rare industry resource that will help Glam Media become the most comprehensive and engaging fashion and style hub on the Web,” said Samir Arora, chairman and co-founder, Glam Media. “As Glam rapidly grows its network of fashion and style sites, video becomes a leading medium for content publishers and advertisers, and with the benefit of Jarl’s expertise Glam will continue to be at the forefront of fashion new media.”
“No one has blended together entertaining fashion and style content and brand advertising opportunities as quickly and as well as Glam Media,” said Mohn. “I am enthusiastic about contributing to the executive team to help Glam Media realize its business potential.”
Mohn was founding president of Liberty Digital, a publicly traded subsidiary of Liberty Media Group involved in interactive television, cable television networks, and Internet enterprises. He served as its Chief Executive Officer from June 1999 to March 2002. Prior to founding Liberty Digital, he was founding president and CEO of E! Entertainment Television, where he also founded E! Online through a joint venture with CNET, and launched Style network. From 1986 to 1989, Mohn was executive vice president and general manager of MTV and VH1. He began his professional life with a 20-year career in radio.
Glam Media represents the latest investment for Mohn, who is a corporate director and advisor to various traditional media and emerging technology companies. Recently Mohn has leveraged his experience to identify private equity investments in both venture capital and buyout opportunities, and is an investor in Oxygen Media and MobiTV among others. Mohn currently serves on the boards of CNET Networks, E.W. Scripps Company, and XM Radio.
Glam Media is a fashion and style hub on the Web, with over 200 Glam-owned and affiliate partner web sites, GlamSpace- the first social network for fashion and style; and GlamCentral- ranking and searching fashion and style web sites and blogs. Both traditional and indie publishers leverage the site’s interactive fashion, beauty and lifestyle channels, access to advertisers, and social marketing to reach audiences in new ways.
About Glam Media
Glam Media is the fastest growing fashion and lifestyle web property targeting women worldwide. Glam Media currently has over 7 million unique visitors a month and is a top 10 women’s Web property, as measured by comScore Media Metrix. Glam uniquely brings together the best content from print magazines such as Marie Claire, Cosmopolitan and Dwell; Glam.com editorial, indie publishers, webs sites and blogs; and consumer profiles, blogs, and ratings. Glam is number one in Fashion online, and has grown over 300% in 2006. Glam provides leading brand advertisers such as Guerlain, DKNY, Max Factor, L’Oreal, Estee Lauder unique ways to engage the online audience. Glam Media is backed by the blue-chip venture capital firms leading the New Media wave Accel Partners (Facebook, BrightCove,) DAG, Draper Fisher Jurvetson (Skype: eBay, Technorati), Walden Venture Capital, and Information Capital (Tickle/eMode: Monster).
Caroline Hacker
Glam Media
caroline@glam.com
650-244-4000 x242 Direct
703-635-8308 Cell