EMDH Starts Off Election Year with New President
Emerging Media Holdings Inc. (EMDH.OB) is the U.S. parent company for Media Alianta and Analytic Media Group (AMG) subsidiaries. The Company’s primary activities are radio and television broadcasting. Emerging Media’s subsidiary AMG is the market leader in Republic of Moldova as a company in television advertising and production of its own TV shows. In March 2006, Analytic Media Group began a new television project based on a contract signed with NTV and NTV World, which increased Emerging Media Holding revenues 272 percent.
In March 2006, AMG started a new TV project based on the contract executed with NTV (Russian Television Company) and NTV World. As a result of the launch of a new TV project, and elimination of the previous business, the revenues for the period ended September 30, 2007, increased by $383,257 or 113% to $721,466 as compared to $338,209 for nine months 2006. The increase in revenues was a result of an increase in advertising revenues.
On January 18, 2008, Emerging Media announced that the Board of Directors appointed Renault R. Williams the new President of the Company. Mr. Williams has extensive business experience in Media Productions and Media Advertising. Mr. Williams began his career as a producer for Comcast Cable Advertising, and presently is a managing member of Federal Media Alliance LLC and the President and co-Founder of Full on Productions Inc., which is responsible for the production of over 15,000 TV commercials airing throughout the U.S. Markets.
Mr. Iurie Bordian, who formerly held the title of President and will remain the company’s CEO commented: “We are very excited to have someone of Mr. Williams’s experience join our growing Company. Mr. Williams is one of the recognized leading experts on quality and process improvement in our industry. As we continue to build upon a solid infrastructure and client base, Mr. Williams will be instrumental in bringing additional value-added complements to the market that will benefit the Company and increase our shareholder value.”
With the addition of an experienced and proven leader as president, Emerging Media Holdings Inc. will continue to be the radio and television broadcasting leader.
