Loton Subsidiary Enters Into Agreement With Jackie Stone To Assist In The Brand Development and Strategic Partnerships of Its FestreamTV platform
LOS ANGELES, March 19, 2015 /PRNewswire/ -- Loton, Corp. (OTC:LTNR) announced that it has entered into an agreement with Jackie Stone to serve as an advisor to the company. Ms. Stone is an accomplished marketing executive specializing in digital, multi-platform marketing, and brand building. She will assist in the brand development and strategic partnerships of Loton's FestreamTV platform.
Jackie Stone is the Chief Marketing Officer of MiMedia, the fastest growing consumer cloud. Previously, Ms. Stone was the Senior Vice President of Marketing at Spanfeller Media Group (SMG), where she lead the development of brand extensions, strategic partnerships and overall awareness for SMG and its properties The Daily Meal and The Active Times. Ms. Stone served as Senior Vice President of Marketing at WebMD. She played a key role in developing the company's B2B and B2C performance and revenue, spearheading the creation of WebMD's CPG and Patient/Physician cross relationship, as well as optimizing relationships with key corporate accounts such as Bausch & Lomb, American Express, and Procter & Gamble. Stone also previously served as Vice President of Promotions, Sponsorships and Events at Digitas, overseeing multiple client accounts while forging partnerships with Samsung, Kraft and American Express, among others. Stone held top positions as VP Ad Sales Marketing at About.com, VP of Marketing Services at Beliefnet.com, and Director of Sales Promotions and Event Marketing at America Online.
"Jackie is one of the premier marketing talents in the media industry. We're excited to have her working with us," commented Robert Ellin, Executive Chairman and President of Loton, Corp. "With the combined skills of our team, we are now in position to continue to build and buy assets in the music, entertainment, and technology space."
About Loton, Corp.
In April, 2014, Loton, Corp. acquired a fifty percent interest in KOKO, a premier multimedia and lifestyle brand and one of London's iconic live music venues. KOKO is internationally renowned for delivering over 250 live music events per annum for the past ten years. Loton is backed by Trinad Capital, a micro-cap and small-cap activist hedge fund based in Los Angeles, California. The fund is led by Robert Ellin, a seasoned portfolio manager with 25 years of investment experience. Mr. Ellin spearheaded investments in several publicly traded companies including ThQ, Grand Toys, Forward Industries (FORD), Majesco Entertainment (COOL), Command Security (MOC), Mandalay Digital Group (MNDL), iVillage (IVIL), Points International (PCOM), as well as private companies including iWon.com and SS industries.
Forward Looking Statement
Statements in this news release concerning future results from operations, financial position, economic conditions, product releases and any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements. These factors include uncertainties as to levels of orders, ability to record revenues, release schedules, market acceptance of new products, changes in economic conditions and market demand, pricing and other activities by competitors, and other risks including those described from time to time in the Company's filings on Forms 10K and 10Q with the Securities and Exchange Commission (SEC), press releases and other communications.
SOURCE Loton, Corp.
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