Steven Landry
stepping down from Board of Directors
HALIFAX,
NS, April 28, 2022 /PRNewswire/ - WildBrain
Ltd. ("WildBrain" or the "Company") (TSX: WILD), a
global leader in kids' and family entertainment, announces that its
Board of Directors has appointed Youssef
Ben-Youssef, Head of Ad Platform and Partnerships at Roku,
as an independent Director of the Company, effective May 5, 2022. Youssef
Ben-Youssef fills a seat on the Board being vacated by
Director Steven Landry, who remains
one of the largest individual shareholders of the
company.
Youssef Ben-Youssef is an ad-tech
veteran with an extensive background in strategy, tech and business
management. As Head of Ad Platform and Partnerships at Roku, he
oversees programmatic monetization, data licensing and activation
initiatives. Youssef also leads the platform's privacy and vendors
policies.
Prior to Roku, Youssef
Ben-Youssef led the Publishers Solutions team at IPONWEB
where he launched a comprehensive publishers' monetization
platform. Youssef Ben-Youssef's ad
tech experience extends to strategy and product roles as he was the
Sr. Director of GTM and Strategy Operations at AppNexus and Turn.
Youssef Ben-Youssef holds an MBA
from Université Laval and a Master
in Computer Science from Bentley
University.
Eric Ellenbogen, Chief Executive
Officer and Vice Chair of WildBrain, said: "With his many years of
experience and deep expertise in ad tech, Youssef is an ideal
addition to our Board of Directors as we continue to build out and
optimize our capabilities in monetizing IP across AVOD and other
platforms. We welcome Youssef to the Board and look forward to
benefitting from his oversight and strategic insights."
Don Wright, Chair of WildBrain's
Board of Directors, said: "We would like to thank Steven Landry for his time on the Board and the
considerable energy and passion he has brought in representing the
best interests of WildBrain's shareholders. Steve's counsel and
guidance have made a valuable contribution to WildBrain's
turnaround over the last few years, and we wish him well for the
future."
Landry added: "WildBrain is in a much stronger position than
when I joined the board in 2018, and I am confident in the strategy
and course forward set by current management. I have no doubt
Youssef Ben-Youssef's expertise in
ad tech will be an asset to help build on this progress. As one of
the Company's largest individual investors, I am excited and
compelled by the significant opportunity in WildBrain shares."
About WildBrain
At WildBrain we inspire imaginations to run wild, engaging kids
and families everywhere with great content across all media. With
approximately 13,000 half-hours of filmed entertainment in our
library – one of the world's most extensive – we are home to such
brands as Peanuts, Teletubbies,
Strawberry Shortcake, Yo Gabba
Gabba! Caillou, Inspector Gadget,
Johnny
Test and Degrassi. At our
75,000-square-foot state-of-the-art animation studio in
Vancouver, BC, we produce such
fan-favourite series as The Snoopy Show, Snoopy in
Space, Chip & Potato, Carmen Sandiego, Go, Dog. Go! and more. Our
shows are enjoyed worldwide in more than 150 countries on over 500
streaming platforms and telecasters, and our AVOD business –
WildBrain Spark – offers one of the largest networks of kids'
channels on YouTube, garnering billions of views per month from
over 245 million subscribers. Through our leading agency, WildBrain
CPLG, we also license consumer products and location-based
entertainment in every major territory for our own properties as
well as for our clients and content partners. Our television group
owns and operates four family entertainment channels that are among
the most viewed in Canada.
WildBrain is headquartered in Canada with offices worldwide and trades on
the Toronto Stock Exchange (TSX: WILD). Visit us at
WildBrain.com.
Forward-Looking
Statements
This press release contains "forward-looking statements" under
applicable securities laws with respect to the Company including,
without limitation, statements regarding the business strategies
and operational activities of WildBrain, the future financial and
operating performance of WildBrain, and the value of WildBrain's
shares. Although the Company believes that the expectations
reflected in such forward-looking statements are reasonable, such
statements involve risks and uncertainties and are based on
information currently available to the Company. Actual results or
events may differ materially from those expressed or implied by
such forward-looking statements. Factors that could cause actual
results or events to differ materially from current expectations,
among other things, include epidemics, pandemics or other public
health crises, including the current outbreak of COVID-19, the
magnitude and length of economic disruption as a result of the
worldwide COVID-19 outbreak, market factors, and risk factors
discussed in materials filed with applicable securities regulatory
authorities from time to time including matters discussed under
"Risk Factors" in the Company's most recent Annual Information Form
and annual Management Discussion and Analysis. These
forward-looking statements are made as of the date hereof, and the
Company assumes no obligation to update or revise them to reflect
new events or circumstances, except as required by law.
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SOURCE WildBrain Ltd.