LAS VEGAS, March 2, 2011 /PRNewswire/ -- Cheaterville, Inc., http://www.cheaterville.com, a Las Vegas online social media startup company that provides information about cheaters, today announced that Michael Carr was elected to Cheaterville's board of directors. Prior to joining Cheaterville, Mr. Carr was President & COO of Greenspun Media Group, where he oversaw all operations of the $100+ million publishing organization. The company publishes more than 20 national magazines and newspapers. Under Michael's leadership, the company's revenues grew from $20 million to over $100 million in under 5 years. As revenues grew over this five year period, EBITDA also increased by more than 300%. Mr. Carr also led the profitable launch of VEGAS magazine. Prior to Greenspun media, Michael was President of Playboy Publishing. At Playboy, Carr increased net per page advertising revenue over 10% per year for two consecutive years during a time of industry decline. He also took Playboy subscriptions to its highest level in more than a decade. He led all worldwide publishing efforts and Playboy realized a 15% increase in ad revenues. Playboy's stock price rose more than 300% during his tenure. Prior to joining Playboy, Carr served as President and CEO of Wieder Publications, where he led the company to a 600% increase over nine years, expanding such publications as: Shape, Muscle & Fitness, Men's Fitness and Flex. The company was ultimately sold to American Media for $450 million in 2000. He was named as one of the 40 most influential Media executives by Folio in 2008.
"We are thrilled to have such a seasoned veteran join our board of directors," said Cheaterville's founder and CEO James McGibney. "He is a highly-respected and seasoned media executive with a wealth of Internet expertise and a strong track record running and advising successful high growth companies. His insights and counsel will be invaluable as we continue our next phase of growth."
"This is a company with world class talent, and we all see an opportunity to provide a platform where fidelity counts! We are going to further amplify the effects of the social networking industry," stated Mr. Carr.
In a world where temptation, lust, and adultery are facilitated by online media, where does moral accountability fit in? With terms like discreet adultery and cyber affair, how is the truth to be told and where can it be found? Cheaterville was created with one goal in mind, keeping you ahead of the heartache -- even when it hurts. So whether you're a victim, perpetrator or curious acquaintance, Cheaterville can give you the inside scoop on that special someone before you're another heartbroken mess writhing in the wake of Ms. Madison or Craig and his lists.
Why is a victim of online cheating always the last to find out? By using powerful search algorithms and the information submitted by members, Cheaterville will alert you if anything is posted about a partner in question -- good or bad and free of charge. So if you've been wronged, or know someone who has, join the community today and denounce the misdeeds of known cheaters. A free account can be set up in minutes and the service lasts a lifetime. Heed the warning signs of cheating. Be proactive. Join Cheaterville and don't be the last to know.
SOURCE Cheaterville, Inc.