Last checked at 3 Feb 2021 07:00
3 February 2021
Digitalbox plc
("Digitalbox" or "the Company")
New Chairman appointment
Digitalbox plc (AIM: DBOX), the mobile-first digital media business, which owns Entertainment Daily, The Daily Mash and The Tab, announces that following Robin Miller's decision to step down in October, Marcus Rich has been appointed as Chairman of the Company's Board with effect from 17th February 2021.
Having held senior media positions across the globe throughout his career, Rich brings a wealth of experience to the board. Most recently he was Chief Executive of TI Media - one of the UK's largest and most respected media groups - leading the sale of NME.com to Bandlab Technologies and ultimately overseeing the company's successful sale to Future plc.
Commenting on the appointment, James Carter, CEO, said: "I very much look forward to working with Marcus as we continue to build our business through further acquisitions and diversification. The media market is responding well to our approach and I have absolute confidence that with Marcus's assistance and his experience working for leading media organisations Bauer Media, Daily Mail and General Trust and TI Media, we can steer the best possible course during these times of intense innovation and growth."
Marcus Rich said: "I've been hugely impressed by the progress Digitalbox has made in a few short years. Having grown the audience base to over 14 million unique monthly users, I'm excited to be getting involved with the team to help deliver and accelerate their plans."
The following details in relation to the appointment of Mr Marcus Alvin Rich, aged 61, are disclosed in accordance with Schedule 2(g) of the AIM Rules:
Current directorships: | Past directorships held within the last five years: |
Perfect Storm Limited. | Professional Publishers Association Ltd |
Sapphire Midco Ltd | |
Sapphire Bidco Ltd | |
Sapphire Holdco Ltd | |
Sapphire Topco Ltd | |
Time Inc (UK) Property Investments Ltd | |
International Craft & Hobby Fair Ltd | |
Mareve Ltd | |
Evarn Ltd | |
IPC Magazines (Overseas) Ltd | |
Marketforce (UK) Ltd | |
New Musical Express Ltd | |
Chat Publications Ltd | |
Independent Television Publications Ltd | |
Mousebreaker Ltd | |
W.H. & L. Collingridge Ltd | |
Odhams Press Ltd | |
Magazine Publishing Co Ltd | |
Options Magazine Ltd | |
The Essentials Publishing Co Ltd | |
IPC Holdings Ltd | |
Portrait Magazine Ltd | |
Independent Television Books Ltd | |
George Newnes Ltd | |
The Yachting Monthly Ltd | |
Persuasion Ltd | |
Collection & Litigation Services International Ltd | |
C Arthur Pearson Ltd | |
Country Life Ltd | |
Magazine Publishing Holdings Ltd | |
European Magazines Ltd | |
TI Media Ltd | |
EX TRL Ltd | |
UK Cycling Events Ltd | |
Collective Europe | |
Publishers Audience Measurement Co Ltd | |
TI Magazines Europe Ltd | |
T1M Media Ltd | |
TI Atlantic Europe Holdings Ltd | |
TI European Holdings Ltd | |
T1M Magazines Ltd | |
Decanter Magazine Ltd | |
Link House Magazines Ltd | |
Boating Publications Ltd | |
Prestige Magazines Ltd | |
LH Media Ltd | |
TI Magazines (UK) Ltd | |
T1M Holdings (UK) Ltd | |
T1M Group Ltd | |
TI UK Publishing Holdings Ltd | |
Feedback Publications Ltd | |
TI Magazines Holdings Ltd | |
International Publishing Corporation Ltd |
There are no other disclosures required pursuant to Schedule 2(g) of the AIM Rules.
Enquiries:
Digitalbox | c/o SECNewgate |
James Carter, CEO | |
WH Ireland (Nominated Adviser & Joint Broker) | Tel: 0117 945 3470 |
Mike Coe / Chris Savidge | |
Panmure Gordon (Financial Adviser & Joint Broker) | Tel: 020 7886 2500 |
Alina Vaskina / Sandy Clark (Corporate Advisory) | |
Erik Anderson / Rupert Dearden (Corporate Broking) | |
Alvarium Capital Partners (Joint Broker) | Tel: 020 7195 1400 |
Alex Davies / Hugh Kingsmill Moore | |
SECNewgate | Tel: +44(0)7540 106 366 |
Robin Tozer / Isabelle Smurfit (Financial PR) | digitalbox@secnewgate.co.uk |
About Digitalbox plc
Based in Bath, UK, Digitalbox is a 'pure-play' digital media business with the aim of profitable publishing at scale on mobile platforms.
Digitalbox operates three trading brands, "Entertainment Daily", "The Tab" and "The Daily Mash". Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. The Daily Mash produces and publishes satirical news content. The Tab is the UK's biggest youth culture site fuelled by students.
Digitalbox generates revenue from the sale of advertising in and around the content it publishes. The Group's optimisation for mobile enables it to achieve revenues per session significantly ahead of market norms for publishers on mobile.