Motion Network Hires Budd Margolis To Lead Aggressive Commercial Strategy
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Motion Network Holding Plc ("MNH") and parent
company of Motion Network TV ("MNTV"), the first 24/7 free movie
channel in Europe, announces the appointment of Budd Margolis as
Director of eCommerce and Shopping for the interactive retail
operations of the Motion Network. The new position combines MNH's
European vision and network with the ability to provide retail
services to our growing global audienceMargolis, an American based in London for the past 20 years is an acknowledged expert in the field of international TV home shopping. He was the former head of eCommerce for British Telecoms openworld broadband operation and was with QVC UK as a senior producer in 1993 & 1994 during the started up period . He has worked for and advised TV Shopping channels in China, India, Russia, USA as well as Australia and across Europe. Margolis has also advised web operations, broadcasters, major department stores and retailers across the globe. His experience includes TV3 the first commercially supported Pan Scandinavian TV channel and was one of the first producers Sky TV where he worked on the first pan European sports channel Eurosport.
Rio Pierre-Yves Dongour Founder and CEO of Motion Network Holding PLC said "We have been very successful with acquiring film content and have greatly expanded our network with many new agreements lately. We are thrilled that Budd Margolis, an expert and visionary in the area of interactive retail, someone who has real experience and can build a considerable commercial operation, has agreed to join our team and build our retailing operation."
Margolis commented, "There is a gap in the market that the Motion Network group has identified and I fully appreciate the unique commercial global opportunity to expand this business line for the company. What attracted me to Motion Network was the management, their experience and determination to build a Pan Europe channel that has global aspirations.
Christophe Kay Kourdouly Co-founder Executive VP Head Of Business Development added "The TV Home Shopping and eCommerce areas have matured and now command a serious niche with considerable revenues. The combination of the two formats is a proven & powerful phenomenon and there are additional areas, especially with luxury and branded goods, where we can develop and properly exploit via the MNTV network. Adding Budd Margolis to the team makes it possible to successfully develop this area of our business."
Margolis has recently consulted TV shopping channel operations in Delhi, Moscow, Los Angeles, London and Seoul and has developed interactive strategies for the luxury goods market. He is a proponent of the growth of interactive retail and convergence and has written and spoken on the subject frequently. Margolis said "I am confident this new platform will provide retailers with the format to educate and entertain in order to drive sales and traffic to improve their business. It is a win/win for customers as well who will learn about quality products they can own and enjoy."
In the UK alone there are some 40 dedicated 24/7 shopping channels which range from live to infomercial, travel and price drop/auction formats. Most countries now have shop channels and their web sites are especially successful because of the exposure and ability to demonstrate and inform viewers.
"What will distinguish our offering is a commitment towards quality and our ability to capture the essence of a truly wonderful shopping experience." Margolis commented. "You can see there is great demand for goods but there is little access. That´s where Motion Network Shopping comes in. We will gain the trust and confidence of our audience by respecting them, bringing unique quality products and entertaining them. It is not a simple task but when you get it right you then control a very powerful distribution channel that provides customer delight."
About Motion Network Holding Plc ("MNH")MNH operates in the sector of communication and provides B2C and B2B
services in the area of Television, IPTV, Internet, media content
production and post production, software and retail. MNH operating
services cover mostly Europe, Far East and the US. MNH's wholly owned
Luxembourg subsidiary Motion Network TV ("MNTV") is the main group
company that operates as a pan European film and music dedicated TV
channel. For further information visit
http://www.motionnetworktv.com.About Swiss Hawk AG
Swiss Hawk AG is building an alternative asset investment company focused on the environmental technology sector. The company pursues an aggressive investment policy based on actively investing and trading mainly in late stage pre-IPO and IPOs with high-growth potential and planned short term exit. Swiss Hawk is listed on the Frankfurt Stock Exchange Open Market.
end of announcement euro adhoc
Further inquiry note:
Christophe Kourdouly
Telefon: +33 1 72 100 214
E-Mail: christophe@antetimeprod.com
Branche: Media
ISIN: GB00B291K520
WKN: A0M910
Börsen: Börse Frankfurt / Open Market