Viggle Appoints Kyle Brink to General Manager and Mario Cruz to Head of Product Development
June 29 2015 - 10:34AM
Business Wire
Will Guide Company on Its Next Wave of Product
Development
Viggle Inc. (Nasdaq:VGGL) has appointed Kyle Brink, former SVP
Product Development, to General Manager. Mario Cruz, co-founder of
Viggle’s Choose Digital, has been appointed to Head of Product
Development. Along with CEO and Board Chairman Robert F.X.
Sillerman, the Company is completing the transition put in place in
January 2015 after expanding the roles of John Small, CFO and Kyle
Brink, former SVP of Product Development.
Viggle also announces the resignation of Greg Consiglio as
president and COO, effective close of business on June 30. The
Nominating Committee of the Company’s Board of Directors intends to
nominate Mr. Consiglio to become a member of the Board at the
Company’s next annual stockholders meeting.
“Greg has led Viggle to tremendous growth for the past four
years,” said Mr. Sillerman. “He has expanded the platform, overseen
a series of acquisitions and has grown the user base significantly.
He has put a terrific team in place. I am confident that Kyle, John
and Mario will take Viggle into the next phase of its growth.”
For more details about this and other information relating to
the Company's previously announced initiative to seek strategic
alternatives please see the Company's 8-K filed today.
Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements involve
inherent risks and uncertainties that could cause actual results to
differ materially from those projected or anticipated. All
information provided in this press release is as of the date of
this release. Except as required by law, Viggle Inc. undertakes no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.
About Viggle
Viggle is an entertainment marketing and rewards platform whose
app rewards its members for watching TV shows and discovering new
music. The Viggle Platform had an average monthly total reach of
25.7 million for the three months ended March 31, 2015, including
nearly 9.0 million Viggle registered users. Since its launch,
Viggle members have redeemed over $24 million in rewards for
watching their favorite TV programs and listening to music. Members
can use Viggle’s store, accessible through the Viggle app or on
Viggle.com, to redeem their Viggle Points for TV show, movie, and
music downloads. In addition, Viggle operates Wetpaint, which
offers entertainment and celebrity news online; NextGuide, maker of
technology that helps consumers search for, find, and set reminders
for TV shows and movies; and Choose Digital, a digital marketplace
platform that allows companies to incorporate digital content into
existing rewards and loyalty programs in support of marketing and
sales initiatives. For more information, visit www.viggle.com or
follow us on Twitter @Viggle.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150629005854/en/
For Viggle:Investors:John C. Small,
1-646-738-3220CFOjohn@viggle.comorMedia Relations:Dian Griesel
InternationalLaura Radocaj, 212-825-3210lradocaj@dgicomm.com