Media industry moves
*Glenn Schiffman was elected to the board of IAC/InterActiveCorp. unit . Schiffman has served asCFO of IAC since April and previously served as senior managing director atGuggenheim Securities, according to a Sept. 27 SEC .
*Netflix Inc. ChiefContent Officer Ted Sarandos joined the board of music streaming serviceSpotify Ltd, Variety reportedSept. 27. Spotify is expanding into video content and previously former Netflix CFO BarryMcCarthy to be the company's finance chief.
*Each director of SizmekInc. other than President and CEO Neil Nguyen, prior to theeffective time of its merger with an affiliate of Vector Capital ManagementLP, resigned from the company's board, according to a Form 8-K Sept. 27. Pursuant to the terms ofthe merger deal, Alex Beregovsky and Alex Kleiner, who comprise the board ofthe merger subsidiary, became the board following the merger. Nguyen alsoremains on the board.
*Nelson Chan, Jeffrey Brown, Nora Denzel, David Eskenazy, Ross Landsbaum, ErikPrusch and Robert Sznewajs resigned as directors of and from all boardcommittees on which they served, in connection with the through which Outerwallbecame a privately held company. Pursuant to the merger agreement, thedirectors of Outerwall merger subsidiary became the directors of the company,according to a Sept. 27 SEC filing. Further, following the effective time of themerger, the sole stockholder of the company, an affiliate of certain fundsmanaged by affiliates of Apollo Global Management LLC, removed the Outerwallpost-closing directors and elected James Gaherity and Galen Smith to thecompany's board.
*The board of Gray TelevisionInc. voted to expand the board by one seat and elected Senior VicePresident and CFO Richard Hare as a director to fill the position. Hare willserve as director through the company's next annual meeting, Gray Sept. 20. He previouslyserved as chief accounting officer and controller for energy development andmanagement services firm Greenfuels Holding Co. LLC.
*Alibaba Group HoldingLtd. said Sept. 19 that it appointed Gao Xiaosong chairman of the AlibabaEntertainment Strategic Committee. Gao, chairman of Alibaba Music, will leadefforts to expand the Chinese e-commerce giant's entertainment sector on aglobal scale. Alibaba Music CEO Song Ke will replace Gao as chairman of that company.
*Ted Harbert, chairman of NBCUniversal Media LLC's NBC Broadcasting, is the company, Variety reportedSept. 15, citing an interoffice memo from NBCU CEO Steve Burke. Mark Lazarus,who serves as the head of NBC Sports Group, will succeed Harbert as thechairman, assuming the responsibilities in addition to his current post.Lazarus will oversee NBCU-owned TV stations, NBC affiliate relations, NBCaffiliate marketing, NBC network operations and broadcast standards, accordingto the report. NBCU is owned by ComcastCorp.
Communications industry moves
*Marcelo Claure, president and CEO of Sprint Corp., was named chairman of the 2017 CTIA board of directors.Claure's term will start Jan. 1, 2017, and last for one year. Kenneth Meyers,CEO and president of Telephoneand Data Systems Inc. unit United States Cellular Corp., will serve on the board asvice chairman, according to a Sept. 13 news release.