Live365 Promotes John Schenk To Vice President Of Strategic Development
FOSTER CITY, CA (May 23, 2001) - Live365 (www.live365.com), the world’s largest Internet broadcasting community with more than 35,000 Internet radio stations, today announced the promotion of John Schenk to Vice President of Strategic Development from Senior Director of Strategic Development.
Under his new title, Mr. Schenk will be responsible for identifying and securing key partnerships and alliances, making strategic recommendations for increasing profitability, and solidifying the continued growth and presence of Live365 as a leader in Internet radio. Mr. Schenk will also continue to serve as the Company’s lead record label relations liaison.
“Since joining our staff in May of last year, and having brought 12 years of experience working in the music and entertainment industries, John Schenk has been invaluable to the company’s continued development and explosive growth,” said John Jeffrey, Executive Vice President of Corporate Strategy at Live365. “His expertise and leadership in this newly-expanded role will undoubtedly continue to help Live365 maintain its competitive advantage as the biggest name in Internet radio.”
Prior to joining Live365, Mr. Schenk was the Senior Director of Strategic Planning & Analysis for Epic Records Group (Sony Music), where he was responsible for managing the overall financial strength of the company and analyzing the profitability of all artist contracts, joint ventures, and label deals. Before his stint with Epic Records Group he served as the Director of Financial Analysis at Arista Records (BMG Entertainment) in New York.
ABOUT LIVE365
Live365 (www.Live365.com) is the world’s largest broadcaster of streaming MP3 content on the Internet, with more than 35,000 free stations available for users to listen to at anytime, and innovative proprietary technology for users to create their personal, unique station to broadcast to a worldwide audience. Rated one of the largest aggregate network streamers in a recent report issued by Arbitron, Live365’s “Studio365” tools empower traditional radio stations, record companies, community groups and others with a free and easy solution to streaming audio over the Internet. A leader in the development of Internet radio through wireless devices, Live365 created the first streaming MP3 player for the Pocket PC, and also offers all their stations on a variety of portable Internet radio players. Founded in July 1999 in Foster City, CA, Live365 has recently been nominated “Best Music Site” for The 5th Annual Webby Awards to be announced July 18, 2001.