Multimedia platform Moko Social Media Limited has named Leo Hindery, Jr. to its board as a non-executive director. The appointment becomes effective April 1, 2015. Hindery works at InterMedia Partners where he serves as a managing partner. He is the former chairman and CEO of The YES Network.
NEW YORK, NY–(Marketwired – Mar 20, 2015) – MOKO Social Media Limited (NASDAQ: MOKO) (ASX: MKB) has appointed Leo Hindery, Jr. to the Company’s Board as a Non-Executive Director with effect from 1 April 2015.
Mr. Hindery is Managing Partner of InterMedia Partners, a New York-based media industry private equity fund. From 2001 until October 2004, he was the founding Chairman and CEO of The YES Network, the regional television home of the New York Yankees, where he won five executive producer Emmys for outstanding programming.
Mr. Hindery was President and Chief Executive Officer of AT&T Broadband, which was formed out of the March 1999 merger of Tele-Communications, Inc. (TCI) into AT&T. Mr. Hindery was elected President of TCI and all of its affiliated companies, then the world’s largest cable television system operator and programming entity, in February 1997.
Mr. Hindery, a member of the Cable Industry Hall of Fame, has been recognised as International Cable Executive of the Year, Cable Television Operator of the Year, and one of the cable industry’s “25 Most Influential Executives Over the Past 25 Years.”
Mr. Hindery, a member of the Council on Foreign Relations, has a Master of Business Administration degree from Stanford University’s Graduate School of Business and is an undergraduate of Seattle University.
“We are delighted that Leo has agreed to join the Board of MOKO,” said Greg McCann, MOKO’s Chairman. “His extensive U.S. and international media experience, notably including in the sports industry which is one of MOKO’s key targeted community groups, will be a valuable asset to the Company.”
“I view this opportunity as a great privilege,” said Mr. Hindery. “MOKO has a sensitivity to communities of interest and consumers which fits perfectly with today’s dramatically evolving media industry. Social media, barely acknowledged just a decade ago, will very much define the next decade, and MOKO is brilliantly positioned to contribute to and benefit from this so-called ‘new world’ of media.”
About MOKO SOCIAL MEDIA Limited
MOKO identifies large user groups around common interests and provides them with tailored mobile applications with information relevant to their common interest. These are developed by MOKO and provided at no charge to these groups or their members, in return for exclusive access and advertising rights.
MOKO’s flagship mobile app is REC*IT: an application launching at more than 800 US colleges and universities that provides information about campus sports and recreational activities. Whether students are spectators or participants of campus sports, clubs and societies, this app provides the specific information they need, together with social functionality such as team chat.
In May 2014 MOKO launched Bluenationreview.com (BNR), which has grown to become one of the most visited active political groups on Facebook in the US. A new non-partisan user-generated political app called VOYCIT will also soon be launched. MOKO’s app for US recreational runners is called RunHaven and contains event, training, dietary and other runner-relevant information. A further asset is news and entertainment app Tagroom.com and its Gen Y investment portal Tagroom Success.
MOKO is listed on NASDAQ (MOKO) and the Australian Securities Exchange (MKB).