Bridget Baker, Former President Of NBCUniversal Television Networks Distribution, And Jonathan Adelstein, Former FCC Commissioner, To Join Board Of Directors Of InterMedia Outdoor Holdings, Inc.
TEMECULA, Calif., Feb. 5, 2013 /PRNewswire/ -- Outdoor Channel Holdings, Inc. (NASDAQ: OUTD) ("Outdoor Channel") and InterMedia Outdoor Holdings, LLC ("IMOH LLC") today announced that Bridget Baker and Jonathan Adelstein will serve on the Board of Directors of InterMedia Outdoor Holdings, Inc. ("IMOH Inc.") following the completion of the merger of Outdoor Channel and IMOH LLC, the primary shareholder of The Sportsman Channel and InterMedia Outdoors. The addition of Ms. Baker and Mr. Adelstein bring the number of proposed directors of IMOH Inc. to nine. The merger of Outdoor Channel and IMOH LLC is expected to be completed during the first quarter of 2013.
"Bridget and Jonathan bring a wealth of knowledge and experience to our board," said Peter Kern, Managing Partner of InterMedia Partners VII, LP, and Chairman of InterMedia Outdoor Holdings, Inc. following the completion of the merger. "Bridget has tremendous applicable expertise from her long and successful career with NBCUniversal while Jonathan brings valuable perspective and unique experience gained during two terms as a Commissioner of the Federal Communication Commission ("FCC"). We believe both Bridget and Jonathan will be invaluable additions to the Board following the completion of our merger. We will benefit from their significant content, regulatory and distribution experience as we bring together Outdoor Channel, The Sportsman Channel and InterMedia Outdoors' leading print and digital media assets and execute on our future growth opportunities."
"These companies serve a large market of passionate outdoor enthusiasts across multiple media platforms," said Ms. Baker, a native of Alaska. "The combination of these two organizations offers compelling growth opportunities and I am thrilled to bring my content and distribution expertise to the Board and build upon the leadership position of IMOH Inc. in the outdoor category."
"I look forward to joining the Board of Directors of IMOH Inc. and working with the combined organization's strong management team to maximize the growth opportunities ahead," said Mr. Adelstein. "The combination of the two companies will create a robust multi-platform leader in the outdoor category and I am excited to leverage my decades of experience and help drive it forward."
Ms. Baker played a key role in developing NBCUniversal's cable assets from their inception, growing from the 1989 launch of CNBC to eventually include 18 national cable networks, such as Bravo, CNBC, E!, Golf Channel, MSNBC, Syfy, and USA, delivered to hundreds of millions of subscribers. Ms. Baker was NBCUniversal's first President of TV Networks Distribution, a position she held from 2006 to 2012. As NBCUniversal President of TV Networks Distribution, Ms. Baker oversaw the North American distribution of NBCUniversal's content across the cable, satellite and telecommunications industry. Ms. Baker has been recognized with numerous industry accolades including the National Cable Television Association's highest honor in 2012: the "Vanguard Award for Distinguished Leadership."
Mr. Adelstein has served as President and CEO of PCIA - The Wireless Infrastructure Association, the trade association representing the companies that own, build, manufacture, or operate wireless telecommunications infrastructure, since 2012. Prior to leading PCIA he served as the Administrator of the U.S. Department of Agriculture's Rural Utilities Service. From 2002 to 2009, Mr. Adelstein served two terms as a Commissioner of the FCC. Before joining the Commission, Mr. Adelstein held a number of senior staff positions in the U.S. Senate.
About Outdoor Channel Holdings, Inc.
Outdoor Channel Holdings, Inc. owns and operates Outdoor Channel and Winnercomm Inc. Nielsen estimated that Outdoor Channel had approximately 39.2 million cable, satellite and telco subscribers for February 2013. Outdoor Channel offers programming that captures the excitement of hunting, fishing, shooting, adventure and the Western lifestyle and can be viewed on multiple platforms including high definition, video-on-demand, as well as on a dynamic broadband website. Winnercomm is one of America's leading and highest quality producers of live sporting events and sports series for cable and broadcast television. Outdoor Channel Holdings, Inc. also owns and operates the SkyCam and CableCam aerial camera systems which provide dramatic overhead camera angles for major sports events, including college and NFL football.
About InterMedia Outdoors, Inc.
InterMedia Outdoors, Inc. is a multimedia company serving outdoors enthusiasts in the United States, with the largest network of websites dedicated to the hunting, shooting and fishing category; a portfolio of 15 market-leading enthusiast magazines including Guns & Ammo, Petersen's Hunting and In-Fisherman; a television production business producing original branded hunting, shooting and fishing themed programming including category-leading shows North American Whitetail, Guns & Ammo TV and In-Fisherman TV, with over 220 episodes produced annually in high definition; and a content library in excess of 16,000 hours of video content.
About Sportsman Channel, Inc.
The Sportsman Channel, Inc. is a national television network fully devoted to the more than 82 million sportsmen and outdoor enthusiasts throughout the United States, delivering programming focused exclusively on hunting, shooting and fishing themed programming. The Sportsman Channel is available in both high definition and standard definition. Nielsen estimated that The Sportsman Channel had approximately 31.5 million cable, satellite and telco subscribers for February 2013.
SOURCE Outdoor Channel Holdings, Inc.
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