NBC Internet, Inc. (NBCi) Appoints John McMenamin, Television and Internet Veteran, to Lead Sales and Marketing Division
PR Newswire, Friday, December 03, 1999 at 09:14
New Position to Oversee Integrated Media Strategies Uniting Broadcast
And Cable Television, Radio and Internet Opportunities
SAN FRANCISCO, Dec. 3 /PRNewswire/ -- NBC Internet, Inc. (NASDAQ:NBCI)
announced today that John J. McMenamin, a veteran of iVillage, Time Warner and
others, has been appointed Executive Vice President of Sales and Marketing.
The announcement was made by NBCi President and COO, Edmond Sanctis, to whom
McMenamin will report.
McMenamin will oversee NBCi's advertising, sponsorship and integrated
media sales, including strategies that tie together broadcast and cable
television, radio and Internet opportunities. He also will be responsible for
overall sales and marketing of NBCi's suite of Internet properties, including
the flagship Snap portal service (www.snap.com), XOOM.com, NBC.com,
AccessHollywood.com, VideoSeeker (www.videoseeker.com) and NBC Interactive
Neighborhood (www.nbcin.com). In this new position, McMenamin also will
develop new sales opportunities and strategies for NBCi.
"John is a pioneer in this business. He has been expanding the reach and
utility of traditional media, even before the Internet emerged as an
advertising and marketing medium," said Sanctis. "John will become the
driving force behind new strategic innovations to help our advertisers and
partners reach virtually every Internet household in the country."
"NBCi stands as an innovative proposition that is able to create new ways
for partners to reach customers via television, radio and the Internet. I am
truly excited to work with such a forward-thinking organization and a talented
sales team that is already delivering new revenue opportunities for clients,"
said John McMenamin, Executive Vice President, Sales and Marketing, NBCi.
McMenamin has developed new sales models for both new media and Fortune
50 companies, most recently serving as Vice President and General Manager of
Sponsorship for iVillage.com: The Women's Network. Prior to that he was
President and CEO of Compucook Inc., an integrated on-site and Internet
marketing, and promotion company providing recipes and product information in
more than 2,500 major supermarkets.
He also was President of Turner Private Networks, Inc. (TPNI), a Time
Warner/Turner division. As TPNI President, he grew the division
substantially, developing new out-of-home television networks, new revenue
opportunities and proprietary branding and promotional access to new markets
for a wide range of Time Warner/Turner properties. Several networks under
TPNI included the CNN Airport Network, CNN Accent Health Network, College
Television Network and Turner In-flight.
Prior to becoming President of TPNI, McMenamin worked for the division as
Executive Vice President and for Turner Broadcasting Sales, Inc. as Vice
President and Senior Vice President, respectively. Before joining Turner,
McMenamin was Vice President, National Sales Director for the nation's largest
in-store marketing company ActMedia, Inc., where helped the company grow from
$15 million to more than $250 million in annual revenues. Prior to ActMedia,
he worked with Newsweek, Inc., where he served first as Marketing Director for
Newsweek International, then as Circulation Marketing manager for Newsweek
(domestic).
McMenamin holds an M.B.A. and certificate degree in business law from the
Stillman Graduate School of Business Administration at Seton Hall University,
South Orange, New Jersey and a B.A. from St. Anselm's College in Manchester,
N.H.
About NBC Internet, Inc.
NBC Internet, Inc. (NBCi), a branded global integrated media company,
commenced operations in November 1999. NBCi integrates major media platforms,
including Internet, broadcast and cable television and radio, to deliver
powerful ways for partners to connect with users and customers. NBCi's
flagship Web site, Snap (www.snap.com), provides a comprehensive online
experience to users worldwide via Internet search & directory, community,
shopping, e-commerce, multimedia and entertainment services across all
bandwidths.
NBCi was created through the combination of Snap, XOOM.com, NBC.com, NBC
Interactive Neighborhood, AccessHollywood.com, VideoSeeker and a 10 percent
equity stake in CNBC.com. NBC Internet publicly trades under the ticker
symbol NBCI on The Nasdaq Stock Market(R). NBC, a subsidiary of General
Electric (NYSE:GE) holds a 47.3 percent ownership stake in NBCi and brings to
the venture the storied heritage of 70 years of branded media and technology
innovations. NBCi is headquartered in San Francisco and has offices in New
York City, Los Angeles and Paris, France. For more information about NBCi and
its constituent Internet services, please see the NBCi corporate Web site at
www.nbci.com.
NOTE: "Snap," "XOOM," "XOOM.com," "NBC.com," "NBC Interactive
Neighborhood," "NBC-IN," "AccessHollywood.com," "VideoSeeker," and the
"X-in-circle" logo are trademarks of NBC Internet Inc., which may be
registered in certain jurisdictions.
This press release contains statements that are forward-looking. These
statements are based on NBCi's expectations of its future results as of the
date of this press release. Actual results may differ materially from those
projected because of a number of risks and uncertainties, including those
listed from time to time in NBC Internet Inc.'s SEC reports, including but not
limited to the XOOM.com, Inc.'s Annual Report on Form 10-K for the year ended
December 31, 1998; XOOM.com's Quarterly Reports on Form 10-Q for the periods
ended March 31, 1999, June 30, 1999 and September 30, 1999; and the
Registration Statement on Form S-4 filed by NBC Internet, Inc., as amended.
Important factors that could cause the results to differ materially from those
in any such forward-looking statements include: NBCi's limited operating
history; unpredictability of its quarter-to-quarter results; its unproven
business model and dependence on members; risks associated with its
international operations; its reliance on a network infrastructure; its
dependence on vendors and suppliers; management of its growth and expansion;
risks associated with brand development; its reliance on advertising revenue;
intense competition with other Web communities and businesses; the risks of
infringement of intellectual property rights; risks associated with
acquisitions; and reliance on strategic relationships.
SOURCE NBC Internet, Inc.
-0- 12/03/1999
/CONTACT: media, Robert Silverman, 212-664-2756, or
robert.silverman@nbc.com, or investors, Roger Maes, 415-288-2568, or
roger@xoom.com, both of NBC Internet, Inc. Corporate Communications/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 139295/
/Web site: xoom.com
/Web site: snap.com
/Web site: videoseeker.com
/Web site: nbci.com |
