VANCOUVER, BC, Feb. 24, 2021 /PRNewswire/ - BBTV Holdings
Inc. (TSX: BBTV) (OTCQX: BBTVF) ("BBTV" or the "Company"), a media
tech company that uses technology enabled solutions to help content
creators and influencers become more successful, announces the
appointment of seasoned financial executive Blake Corbet as VP, Corporate Development of the
Company's wholly-owned operating subsidiary, BroadbandTV Corp.
("BBTV Corp"). An accomplished business leader, Blake will report
to BBTV Corp's Chairperson & CEO, Shahrzad Rafati.
"BBTV has developed a deep pipeline of potential accretive
acquisitions that could strategically support organic business
growth, especially across the company's higher margin Plus
Solutions," comments Shahrzad
Rafati, Chairperson & CEO, BBTV. "As a public company,
we remain focused on allocating capital strategically and
leveraging our data and relationships to further enhance revenue
and margins. We're excited to add Blake's deep financial
expertise as we further expand the business."
Blake is an accomplished investment banker with over 25 years
experience in London, New York, Toronto and Vancouver. He started his banking career at
Haywood Securities in 1990 as an investment banking analyst. This
was followed by Salomon Brothers in
London and New York, before returning to Canada in 1996 as an Executive Director,
Investment Banking where he spent eight years with CIBC World
Markets in Toronto. Most recently,
Blake was Managing Director and Co-Head of Investment Banking at PI
Financial where he completed a variety of financing and advisory
transactions across the Technology, Telecom and Healthcare
sectors.
"BBTV has a fundamental impact on the success of some of the
world's most prominent influencers and content creators across
multiple platforms, countries and verticals. The opportunity
to further scale and monetize this content and reach is
significant," comments Blake Corbet,
VP, Corporate Development, BBTV. "Shahrzad has built a phenomenal
business and team, and I'm excited to help take the company to the
next level."
For more information visit www.bbtv.com.
About BBTV
BBTV is a media and technology company
headquartered in Vancouver,
Canada. The company's mission is to democratize content by
leveraging its proprietary technologies to drive viewership and
monetization for content creators of all sizes. From individual
content creators to global media companies, BBTV monetizes the
media of content creators through end-to-end management,
distribution and monetization solutions, powered by its innovative
VISO Platform, including related proprietary technology, while
allowing content creators to focus on their core competency –
content creation. In August 2020,
BBTV had the second most unique monthly viewers among digital
platforms with more than 600 million globally, who consumed more
than 50 billion minutes of video content, the most among media
companies*. www.bbtv.com
*Calculations and classifications made by BBTV based on
August 2020 data from Comscore's
reports from its top 12 countries. Each report is titled, "Comscore
Video Metrix Media Trend – Multi-Platform – Top 100 Video
Properties Report."
This press release contains "forward–looking information" and
"forward-looking statements" within the meaning of applicable
securities laws (collectively, "forward-looking information") which
reflects the Company's current expectations regarding future
events, including that the Company's pipeline of potential
acquisitions could be accretive and support organic business
growth, especially across the Company's higher margin Plus
Solutions; that the Company will further expand its business; that
there is a significant opportunity to further scale and monetize
the Company's content and reach; and that the Company's mission is
to democratize content by leveraging its proprietary technologies
to drive viewership and monetization for content creators of all
sizes. Forward-looking information is necessarily based on a number
of estimates and assumptions that we considered appropriate and
reasonable as of the date such information is given, including but
not limited to our assumption that any acquisitions we may close
will be successful and our assumptions regarding continued changes
and trends in our industry or the global economy, and the
performance of our services and technology. Forward-looking
information is subject to known and unknown risks, uncertainties,
and other factors, many of which are beyond the Company's control,
that may cause actual results, performance or achievements to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to the risk
that our assumptions on which our forward-looking information is
based may not be accurate, we may fail to close any substantial
acquisitions or fail to grow in any meaningful way, we may not
further enhance revenue and margins to any significant extent or at
all, and we may not reach the next level, as well as the factors
discussed under "Risk Factors" in the final prospectus of the
Company dated October 22, 2020 filed
on sedar at www.sedar.com and in our other filings with the
Canadian securities regulatory authorities
at www.sedar.com. The Company does not undertake
any obligation to update such forward–looking information, whether
as a result of new information, future events or otherwise, except
as expressly required by applicable law.
Media Contacts
Dan
Gamble
Head of PR & Corporate Communications
dgamble@bbtv.com
+1778 873 0422
Ashley Buck
PR & Corporate Communications Specialist
abuck@bbtv.com
+1778 875 1346
BBTV-C
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SOURCE BBTV Holdings Inc.