2nd May 2017 07:00
Date: 2 May 2017On behalf of: Entertainment One Ltd. ('eOne' or 'the Company')Embargoed until: 0700hrs
Entertainment One Ltd.
Appointment of CFO
Entertainment One Ltd. is pleased to announce that Joe Sparacio has been appointed as Chief Financial Officer with immediate effect. This follows his appointment as interim Chief Financial Officer in November 2016.
Joe has more than 30 years' experience in financial executive roles in the media and entertainment sector, most recently as IMAX Corporation's Chief Financial Officer. Prior to this he held senior finance roles at iN DEMAND and Loews Cineplex Entertainment.
Darren Throop, CEO, commented:
"Since his appointment as interim CFO, Joe has brought great insight and expertise to eOne. We look forward to benefitting from his wide-ranging experience and understanding of the sector to continue to deliver value for our shareholders."
Enquiries:
| ||
Redleaf Communications | Rebecca Sanders-Hewett Susie Hudson
| +44 (0)20 7382 4730 eOne@redleafpr.com |
Entertainment One Ltd. |
Joe Sparacio Patrick Yau |
+44 (0)20 3714 7931 |
J.P. Morgan Cazenove | Hugo Baring | +44 (0)20 7742 4000 |
Virginia Khoo | ||
Thomas White | ||
Investec Bank PLC | Patrick Robb Matthew Lewis | +44 (0)20 7597 5970 |
Notes to Editors:
About Entertainment One
Entertainment One Ltd. (LSE:ETO) is a global independent studio that specialises in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company's diversified expertise spans across film, television and music production and sales, family programming, merchandising and licensing, and digital content. Through its global reach and expansive scale, powered by deep local market knowledge, the Company delivers the best content to the world.
Entertainment One's robust network includes film and television studio The Mark Gordon Company; content creation venture Amblin Partners with Steven Spielberg, DreamWorks Studios, Participant Media, and Reliance Entertainment; leading feature film production and global sales company Sierra Pictures; unscripted television production company Renegade 83; world-class music labels Dualtone Music Group and Last Gang; and award-winning digital agency Secret Location.
The Company's rights library, valued at US$1.5 billion (as at 31 March 2016), is exploited across all media formats and includes more than 100,000 hours of film and television content and approximately 40,000 music tracks.
www.entertainmentone.com
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