Kip Speyer will continue to serve as Chairman of the Board
Boca Raton, Florida, December 17, 2021 (GLOBE NEWSWIRE) – Bright Mountain Media, Inc. (OTC Expert: BMTM), an end-to-end digital media and advertising services platform, today announced that Matt Drinkwater, a respected global digital media leader, has been appointed CEO, effective immediately. Kip Speyer will continue to chair the board of directors of the company.
Matt Drinkwater is a digital executive with extensive, progressive leadership experience in iconic high-tech brands including Buzzfeed, Twitter, Groupon, Yahoo, AOL and Lycos. He has consistently demonstrated his agility in working across publishing, platform, format and AdTech media, collaborating with various national and international stakeholders. Most recently, he served as Senior Vice President at BuzzFeed. Matt was previously responsible for Twitter’s global online sales in Sao Paulo, Brazil. Prior to joining Twitter, Matt’s influential roles included Vice President at Groupon, Senior Director of Sales at Yahoo, and Regional Director of Sales at AOL.
“We are fortunate that Matt has accepted the role of CEO, bringing a deep understanding of digital media and an impressive track record within major brands,” said Kip Speyer, President of Bright Mountain Media. “He brings a deep understanding of operational optimization, business management, media sales, strategic partnerships and global team leadership. Matt will play a pivotal role in leading our end-to-end digital media and advertising services platform throughout the next stage of the company’s growth journey.
“It has been an honor to serve as CEO of Bright Mountain Media and I would like to sincerely thank our employees whose hard work and dedication has enabled us to accomplish so much. I have no doubts that Matt is the best executive to guide our business into the future and look forward to working closely with him to ensure a smooth transition.
Drinkwater added, “I am delighted to have the opportunity to lead Bright Mountain Media in its next exciting phase of growth. I have a firm belief that loyal and well-defined audiences will always be sought after by advertisers, and there will be a premium reward for serving these audiences on a large scale. We will continue to super serve the premium audiences we are already reaching, growing them organically and by acquisition into other high value demographics. I look forward to working with the management team to drive the growth of the company and create long-term value for our shareholders. “
About Bright Mountain Media
Bright Mountain Media, Inc. (OTC Expert: BMTM) is an end-to-end digital media and advertising services platform, effectively connecting brands with targeted demographics through removing middlemen in the ad services process. . The Company’s publishing division, headed by Wild sky media, delivers significant global reach through hyper-engaging content and a multicultural audience, reaching over 140 million users each month as it tells the unique stories of our most diverse generation. The Company’s strong website portfolio includes Mom.com, CafeMom, LittleThings, MamásLatinas and many more. For more information, please visit www.brightmountainmedia.com.
Forward-looking statements for Bright Mountain Media, Inc.
This press release contains certain forward-looking statements which are based on current expectations and involve certain risks and uncertainties. These forward-looking statements can be identified by the use of words such as “should”, “could”, “intends to”, “anticipate”, “believes”, “estimates”, “plans”, “forecasts”. “,” Expects, “plans” and “proposes” and similar words. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those. expressed or anticipated in forward-looking statements. forward-looking statements, including, without limitation, statements made regarding expectations of our ability to successfully integrate acquisitions, and the achievement of any expected benefits from such acquisitions. the statements made under the heading “Risk Factors” in Bright Mountain Media, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as filed with the Securities and Exchange Commission on December 14, May 2020 and our other SEC filings. Bright Mountain Media, Inc. assumes no obligation to update forward-looking statements, except as required by law.
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