National CineMedia, Inc. Appoints Paula Williams Madison to its Board of Directors
March 07 2014 - 3:53PM
Business Wire
National CineMedia, Inc. (NASDAQ: NCMI) (the Company), the
managing member and owner of 46.1% of National CineMedia, LLC (NCM
LLC), the operator of the largest in-theatre digital media network
in North America, today announced that Paula Williams Madison has
been appointed to its board of directors. Ms. Madison replaces
Edward H. Meyer who resigned from the board effective March 3,
2014. Mr. Meyer had served on the Company’s board of directors
since its IPO in February 2007.
Ms. Madison is the Chairman and CEO of Madison Media Management
LLC, a limited liability company that invests in emerging media,
entertainment and communication businesses. From 2011 to 2014, Ms.
Madison was Chief Executive Officer of the Los Angeles Sparks, a
WNBA professional women’s basketball team. Prior to that role, Ms.
Madison served as Executive Vice President of Diversity at
NBCUniversal and a Vice President of the General Electric Company.
Ms. Madison spent 22 years with NBCUniversal in various leadership
positions and prior to that ran several different local affiliate
television stations.
Commenting on the director change, Kurt Hall NCM’s Chairman and
CEO said, “I would like to thank Ed for all his great work as an
NCM director and member of our compensation and governance
committees. His deep knowledge of the advertising business and
quick mind will be missed.” Mr. Hall continued, “While Ed is truly
one of a kind, we are fortunate to have Paula join our NCM Board as
her broad knowledge of media and the advertising business will be
invaluable as NCM grows and evolves with the changing media
landscape.”
About National CineMedia, Inc.
National CineMedia (NCM) operates NCM Media Networks, a leading
integrated media company reaching U.S. consumers in movie theaters,
online and through mobile technology. NCM presents cinema
advertising across the nation’s largest digital in-theater network,
comprised of theaters owned by AMC Entertainment Inc. (NYSE: AMC),
Cinemark Holdings, Inc. (NYSE: CNK), Regal Entertainment Group
(NYSE: RGC) and other leading regional theater circuits. NCM’s
theater advertising network covers 187 Designated Market Areas® (49
of the top 50) and includes over 19,800 screens (approximately
19,000 digital). During 2013, approximately 710 million patrons (on
an annualized basis) attended movies shown in theaters in which NCM
currently has exclusive cinema advertising agreements in place. NCM
Digital offers 360-degree integrated marketing opportunities in
combination with cinema, encompassing 39 entertainment-related
websites, online widgets and mobile applications. National
CineMedia, Inc. (NASDAQ: NCMI) owns a 46.1% interest in and is the
managing member of National CineMedia LLC. For more information,
visit www.ncm.com. (NCMI-F)
National CineMedia, Inc.INVESTOR CONTACT:David Oddo,
800-844-0935investors@ncm.comorMEDIA CONTACT:Amy Jane
Finnerty, 212-931-8177amy.finnerty@ncm.com
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