NEW YORK, July 8, 2016 /PRNewswire/ -- SKYY Digital Media Group (http://corporate.skyydmg.com), a global technology media company, announced today that Jack Schneider, former Managing Director of Allen & Co, was appointed as an Independent Member of its Board of Directors. His addition to the Board brings an unparalleled level of experience and relationships to the company. Recently, SKYY Digital Media Group announced that after five years of development, over $35 million of technology capital investment and the completion of successful global beta testing, the company was ready to launch its sports company, SPORTTU (http://corporate.sporttu.com), the first of various digital media verticals planned for the coming year.
Mr. Schneider served for over 30 years as Managing Director of Allen & Co. LLC, an international investor, underwriter, and broker to some of the biggest names in media, entertainment and technology. According to Mr. Schneider, "Sports content is in high demand globally particularly across platforms. SKYY Digital Media Group is positioned to deliver a unique personalized experience since it has built a content engine which covers 300 sports in over 180 countries providing unique content and data globally. Media and telecommunications companies are lining up to provide their customers with access to sports content. Huge deals are being signed and SKYY Digital Media Group is poised to be a significant player in a disruptive environment where content is king."
According to Paul Feller, CEO of SKYY Digital Media Group, "Jack brings a wealth of expertise and relationships and an understanding of monetizing media and technology opportunities. I am very excited to work closely with him to unlock the value of the platform of SKYY Digital Media Group and to continue to expand globally."
Mr. Schneider has served as the Chairman of the Buoniconti Fund to Cure Paralysis for 25 years. He has also been on the Board of the National Mentoring Partnership for 12 years. He has a wealth of M&A experience from Allen & Co. and his long-term relationships with other leaders in the media and entertainment community open doors to new opportunities for SKYY Digital Media Group. He has been a Member of the Advisory Board at Loton, Corp. since October 4, 2013 and a Member of the Advisory Board at Mandalay Digital Group, Inc. since April 19, 2011. He has been a Member of the Board of Advisors at IntelliCell BioSciences, Inc. since October 2011 and NeuMedia, Inc. since April 19, 2011.
About SKYY DIGITAL MEDIA GROUP: SKYY Digital Media Group, Inc. headquartered in New York City, with global offices in Colombia, Mexico and India, empowers businesses with the ability to create personalized and engaging digital content experiences for their customers. The company has created a groundbreaking content technology platform which aggregates and categorizes large amounts of content. SKYY Digital Media Group is uniquely positioned to help business partners capitalize on the convergence of the technology, media and telecommunications industries.
Forward-Looking Statements: Statements in this press release relating to plans, strategies, projections of results, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors. Although the company's management believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance or achievements. The company has no obligation to update these forward-looking statements.
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SOURCE SKYY Digital Media Group, Inc.