Board Changes
03 May 2002 - 5:00PM
UK Regulatory
RNS Number:4660V
Music Choice Europe PLC
3 May 2002
Music Choice Europe plc
Board Changes
3 May 2002
Music Choice Europe plc ("Music Choice" or "the Company"), the non-stop music
network, is pleased to announce the appointments of Dr Kenji Kitatani and
Philippe-Olivier Rousseau to the Board as Non-Executive Directors, with
immediate effect.
Dr Kitatani
Dr. Kenji Kitatani has been named the new representative from Sony Corporation
of America (SCA), one of Music Choice's founding corporate shareholders. He
replaces Gary Podorowsky, who has moved to another assignment at SCA. The
change is effective immediately.
Dr Kitatani joined Sony Corporation in October 1999 as Executive Strategist,
Media Content, Broadcasting and Communications and was appointed Executive Vice
President, Business Planning in May 2001. In his current role, he helps
develop, expand and co-ordinate the business relationships for Sony's operating
units. Additionally, he holds the title of Group Executive Officer, Sony
Corporation.
Since 1991, Dr Kitatani has served on the Board of Directors of Tokyo Dome
Corporation, Japan's leading leisure and entertainment conglomerate. He was
also President of its subsidiary, Tokyo Dome Enterprises Corporation. At Tokyo
Dome, he was responsible for promoting a variety of events including concerts
featuring talent such as the Rolling Stones, David Bowie, Michael Jackson and
Madonna.
Prior to joining Sony, Dr Kitatani also worked for the Tokyo Broadcasting System
("TBS") as its Counsel on International Affairs for 15 years until 1999, where
he negotiated contracts and coordinated coverage for major sports events
including the Super Bowl, the World Figure Skating Championships, and the US
Open Tennis. Dr Kitatani also managed the Hollywood film and Broadway show
investment funds for TBS, Itochu and Suntory between 1987 and 1994.
He holds a B.A. in Communications from Washington State University, and an M.A.
and Ph.D. in Communications Policy, Law and Management from the University of
Wisconsin (Madison).
Philippe-Olivier Rousseau
M. Rousseau, 45, who is Executive Director and Senior Advisor at BNP Paribas
Structured Finance, a division of the leading French bank, has held a series of
senior posts in broadcast and telecommunications companies and is an engineer by
training. He will help the Music Choice Board build its business across Europe,
most notably in France, one of the largest digital television markets.
At BNP Paribas, M. Rousseau is responsible for structuring finance in the media
and telecommunications sectors, including acquisition and project funding. He
began his media career with the Societe Francaise de Production (SFP), Europe's
largest television production and facilities company at that time, where he
ultimately became Managing Director. He held the position of Director of TV &
Radio Services at satellite broadcast operator, Eutelsat, before spending five
years as a Commissioner at CSA, the French broadcasting regulator. He has
served since 1996 as a Member of the Advisory Committee of the Infodev programme
developed by the World Bank. He moved into banking with the BNP group in 1998
and was a director of Boxwood Investments, a fund listed in Dublin, between May
and December 2001.
M. Rousseau is presently a Non-Executive Director of Intelsat, the world's
largest satellite operator, based in Washington.
The Board can confirm that there is no additional relevant information to
disclose under paragraphs 6.F.2 (b) to (g) of the Listing Rules in relation to
either appointment.
Mike Thomas, Chairman of Music Choice Europe, says: "We are very pleased to
welcome Dr Kitatani and Philippe-Olivier Rousseau to the Board. Sony
Corporation has been a constant supporter of Music Choice since the Company was
founded and we value the input we gain from having one of their executives on
the Board.
"Philippe-Olivier Rousseau has an unrivalled breadth of skills and experience
pertinent to digital broadcasting in Europe and will be an enormous asset to the
Music Choice Board. France is a particularly important strategic market for
Music Choice and his knowledge of the country's media industry will assist us
greatly."
- ends -
For further information, please call:
Music Choice Europe plc 020 7014 8700
Simon Bazalgette, Chief Executive
Jonathan Apps, Chief Financial Officer
Dylan Jones, Head of Public Relations
Weber Shandwick Square Mile 020 7950 2800
Louise Robson / Stephanie Smart
Notes to Editors
Music Choice
The centre for great music
Music Choice is the non-stop music network, delivering an unparalleled selection
of uninterrupted digital-quality music and music related content, across
multiple digital media 24/7. Emerging from a joint venture of the of industry's
biggest names, Warner, Sony, EMI and Motorola (BSkyB becoming an investor in
1998), Music Choice provides 47 different, genre-specific music channels to over
11 million homes (potentially over 25 million listeners), across 18 countries
throughout Europe and the Middle East. Music Choice underwent a successful
flotation in October 2000 and the £46 million of raised investment is committed
to further building its brand and audience. To find out more about Music Choice
visit: http://www.musicchoice.co.uk.
Sony Corporation of America
Sony Corporation of America, based in New York City, is the U.S. subsidiary of
Sony Corporation, headquartered in Tokyo. Sony is a leading manufacturer of
audio, video, communications and information technology products for the
consumer and professional markets. Its music, motion picture, television,
computer entertainment, and online businesses make Sony one of the most
comprehensive entertainment companies in the world. Sony's principal U.S.
businesses include Sony Electronics Inc., Sony Pictures Entertainment, Sony
Music Entertainment Inc., and Sony Computer Entertainment America Inc. Sony
recorded consolidated annual sales of over $56.9 billion for the fiscal year
ended March 31, 2002, and it employs 168,000 people worldwide. Sony Corporation
of America recorded over $18.5 billion in sales in the U.S. for the fiscal year
ended March 31, 2002. Sony Corporation of America's homepage is: http://
www.sony.com/SCA/index.html
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