— Chris Neimeth, a seasoned executive who has successfully led a number of interactive media companies, has been named Senior Vice President - Publisher of Salon Media Group, Inc. (Salon), a leading independent media company that publishes Salon.com. In this new role, Neimeth will oversee all of Salons advertising sales and business operations efforts. He will be based in Salons New York City office.
Neimeth joins Salon from InterActive Corp. (IAC), where he most recently served as President, IAC Partner Marketing, the advertising sales and partner marketing group for numerous IAC properties. Before IAC, he served as Executive Vice President, National Sales of Ticketmaster, a wholly owned subsidiary of InterActive Corporation.
Prior to joining InterActive Corp in 2001, he served as President and Chief Executive Officer of Real Media, Inc. From 1995-1999 he served in various executive roles at The New York Times Digital, including Senior Vice President, Business Development and Strategic Planning and Group Vice President.
“Chris brings great experience to Salon, including his proven track record selling advertising, and years of hands-on practice developing interactive properties,” said Elizabeth Hambrecht, President and CEO of Salon. “The knowledge hes developed from his many successes managing the development, marketing and distribution of information and content will be a tremendous asset for us.”
“I am excited to be joining such an outstanding organization with a rich heritage of independent journalism and an incredible audience. Its a wonderful time to be a part of Salon, particularly given the tremendous opportunities ahead,” added Neimeth.
Neimeth earned his Bachelor of Arts degree from Hamilton College. He also served as an elected member of the Internet Advertising Bureau Board of Directors for two years.
ABOUT SALON MEDIA GROUP, INC.
Salon, the award-winning online news and entertainment web site, combines original investigative stories, breaking news, and provocative personal essays along with quick-take commentary and staff-written blogs about politics, technology, culture and entertainment. Committed to interactivity, Salon also hosts two online communities, Table Talk and The Well. A leader in developing editorial products since 1995, Salons latest features -- Videodog (viral video clips), Audiofile (downloadable music), the Daou Report (opinionated blogosphere guide), and automated Letters to the Editor have helped grow Salons audience. Salon is headquartered in San Francisco and has offices in New York City and Washington D.C.
"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release contains certain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are naturally subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained herein. The forward-looking statements contained herein include statements about future financial and operating results of Salon. Factors that could cause actual results to differ materially from those described herein include: the economic environment of the media industry; the difficulty in securing on-line advertising; growth in subscription revenue programs; uncertain revenue sources and the general economic environment. More detailed information about these factors is set forth in the reports filed by Salon with the Securities and Exchange Commission. Salon is under no obligation to and expressly disclaims any such obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
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