MWM
14 years ago
Peer Media Technologies Announces Merger Discussions Terminated
May 10, 2011 8:00:00 AM
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LOS ANGELES, May 10, 2011 /PRNewswire/ -- Peer Media Technologies, Inc., (OTC Market: ARTD), a leading digital media technology company, announced today it has discontinued discussions with Bay TSP.com, Inc. regarding the previously-announced plan to merge the two companies. The announcement was made by Dimitri Villard, CEO of Peer Media Technologies.
Peer Media Technologies is a leading provider of business and marketing intelligence services for digital media measurement, encompassing a large network of intelligent monitoring agents and proprietary databases that track, verify, measure and report on un-monetized digital media consumption activity.
"After conclusion of due diligence by the parties we were unable to reach agreement on a definitive contract," said Dimitri Villard, Chief Executive Officer of Peer Media. "We are now focused on pursuing our own future strategic direction."
About Peer Media Technologies, Inc.
Originally incorporated as ARTISTdirect, Inc., the company changed its name to Peer Media Technologies in 2010 after it acquired Media Defender in 2005 and Media Sentry in 2009 and sold its legacy music website business ARTISTdirect.com in 2010. The company provides intellectual property protection services to major motion picture studios, record labels, television networks, gaming companies and software publishers. For more information, please visit: www.peermediatech.com.
WestMaui76
14 years ago
Check out this hyperlink....nice bio on our guy along with everyone he is presenting with. Thursday is our day so let's hope we get a pr on/before thursday :)
http://www.digitalhollywood.com/11DHSpring/DH11Sp-Thurs11.html
Dimitri Villard, CEO, Peer Media Technologies: As Chairman of the Board and CEO of Peer Media Technologies, Inc. (formerly Media Defender and Media Sentry), Dimitri Villard oversees the day-to-day business operations of the company including the strategic direction and the development of key industry partnerships and marketing initiatives. Mr. Villard was elected to the Board of Directors as an independent director in 2005, and became CEO in 2009 following a reorganization of the company. A member of the Academy of Motion Picture Arts and Sciences, Mr. Villard is an accomplished entertainment industry veteran with vast experience that spans music, film and television production and development. Among his film producing credits are: In Love and War, directed by Richard Attenborough and starring Sandra Bullock and Chris OβDonnell (New Line); Once Bitten, starring Jim Carrey and Lauren Hutton (Goldwyn); Death of an Angel (Twentieth Century-Fox), Flight of the Navigator (Disney) and Say Nothing starring Nastassja Kinski and William Baldwin (HBO). Mr. Villard has also been active in entertainment and media investment banking, as a Director of Societe Generale Investment Banking and, prior to that, a Managing Director of Laidlaw. Most recently, he became a member of the Executive Committee of the Tech Coast Angels, the nationβs largest private network of venture capital investors, where he has been investing in and mentoring early stage high technology ventures in Southern California including co-founding Pivotal BioSciences, Inc., a biotechnology spin-out from the University of Southern California Keck School Medicine. At the beginning of his career, Mr. Villard founded Jet Set Records, one of the eraβs memorable rhythm & blues labels that represented many talented bands, and which was subsequently sold to Bell Records. Mr. Villard graduated with a B.A. from Harvard University, where he was an Editor of The Harvard Lampoon, and has a M.S. from China International Medical University.