8th Feb 2005 07:00
Embargoed: 0700hrs 8 February 2005 Digital Classics Plc (the "Company") Appointment of Director Digital Classics Plc, the world's leading international classical music andarts programme distribution business, is delighted to appoint David Elstein asnon-executive Chairman with immediate effect.Mr Elstein, aged 60 has been involved in the media and broadcasting industryfor over forty years having held numerous distinguished positions with bothpublic and private companies. Mr Elstein held the position of Chief Executiveof Channel 5 Broadcasting for four years where he led the channel through itslaunch in 1997 and, by the time of his departure, had taken audience share to5.7% and the value of the business to over ‚£1 billion. Prior to Channel 5 hewas Head of programming at BSkyB, responsible for eleven broadcast channels.His time at BSkyB saw its losses of ‚£10 million per week transformed intoprofits of ‚£6 million per week. Mr Elstein is also a former Director ofProgrammes at Thames Television Plc and has been a visiting professor inBroadcasting Media at Oxford University.Chris Hunt, Chief Executive, commented,"I am very pleased to welcome David to the Board of Digital Classics at a timewhen our company is poised to enter a period of rapid growth. His knowledge ofboth the financial and broadcasting sectors, combined with his unrivalledreputation, will, I expect, be of considerable value to Digital Classics andits shareholders."David Elstein said,"I am very pleased to be joining Digital Classics. I have a high regard for theCompany and its key personnel and look forward with them to a period ofprofitable expansion."For further information please contact:Chris Hunt Digital Classics Plc 020 7636 1400 Chief Executive Adam Reynolds Hansard Communications 020 7245 1100 Ben Simons David Elstein's current and previous directorships and partnerships over thepast five years are as follows:Current Past Sparrowhawk Investments Ltd Channel 5 Broadcasting Limited Kingsbridge Capital Ltd Channel 5 Engineering Services Limited Commercial Radio Companies Association 5 Direct Limited Ltd Screen Digest Ltd Channel 5 Music Limited Sports Network Group Plc Channel 5 Television Group Limited Stoll Moss Group Holdings Limited Channel 5 Interactive Limited Really Useful Theatres Limited NFTS Foundation Limited British Screen Advisory Council Silicon Media Group Limited Limited Brook Productions Limited Xios Transcast Corporation Limited Civilian Content Plc The Film Consortium Limited Skillset National Training Organisation This announcement contains all the information that is required to be disclosedunder the AIM rules.ENDRelated Shares:
DCD.L