Announced on October 22:
NTN Buzztime, Inc. Announces Appointment of Terry A. Bateman to Board of Directors
Wednesday, 22 October 2008
NTN Buzztime, Inc. today announced that senior entertainment and sports executive Terry A. Bateman has been appointed to the Company's Board of Directors. Mr. Bateman replaces Barry Bergsman, who announced his retirement from the Board after having served as a Director since August 1998.
Terry Bateman has nearly 30 years executive experience in developing, growing, managing and selling businesses. As a personal investor in Red Zone Capital from 2006 to the present, Mr. Bateman served as CEO of Dick Clark Productions from June 2007 to February 2008. In 2006, as Chief Marketing Officer of the Washington Redskins, he led the team to a record 2006 year in terms of revenues.
As President and CEO of Barton Cotton between 1998 and 2006, Mr. Bateman grew that company's largest division over 500%. He was President of Snyder Communications' Marketing Services Division between 1994 and 1997, managing more than 25 publishing and marketing programs of Snyder's most profitable division. Mr. Bateman was Executive Vice President, Vice President and Director of Whittle Communications between 1981 and 1994, having begun his career in marketing with The Gillette Company between 1979 and 1981. Mr. Bateman holds a B.S. in Economics from the University of Tennessee.
His board memberships have included Dick Clark Productions, Johnny Rockets and Red Zebra Broadcasting.
"We are very pleased to gain the experience and perspective that Terry Bateman brings to our company's Board of Directors," commented NTN Buzztime's Chairman and interim CEO, Michael Fleming. "Terry has a unique combination of successful Board-level, C-level, entrepreneurial and managerial expertise. He will provide invaluable support to solidifying Buzztime's preeminent position in out-of-home interactive entertainment and our initiative to leverage our network as a platform for uniquely compelling and cost-effective advertising solutions. As we welcome Terry, we also offer Barry Bergsman heartfelt thanks for his long and distinguished service on the NTN Buzztime Board."
Mr. Bateman commented, "My personal formula for success has always been to work hard while also enjoying what I am doing. Serving on the Board of Directors of NTN Buzztime, with its unparalleled position and potential in today's interactive entertainment and advertising environment, provides a tremendous opportunity for me to apply that formula in new ways."
Mr. Bergsman stated, "It is the right time to leave the Board facilitating the introduction of Mr. Bateman's fresh thinking and background, both appropriate to the current strategy of the Company. It has been a pleasure working with the Board and Company staff. I wish them great success."
About NTN Buzztime, Inc.
NTN Buzztime, Inc., a leader in multi-point social interactive entertainment for more than 20 years, is based in Carlsbad, CA. Buzztime is distributed in-home and out-of-home across broadband platforms including online, cable TV, satellite TV, and in approximately 3,750 restaurants, sports bars and pubs throughout North America. Buzztime entertainment is also available on electronic games and in books. For more information, please visit http://www.buzztime.com/.
Buzztime is a proud member of the OVAB | Out-of-home Video Advertising Bureau.
Buzztime is a registered trademark of Buzztime Entertainment, Inc. and Playmaker is a registered trademark of NTN Buzztime, Inc.
Forward-looking Statements
This release contains forward-looking statements which reflect management's current views of future events and operations. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include corporate governance matters, the risk of changing economic conditions, failure of product demand or market acceptance of both existing and new products and services and the impact of competitive products and pricing. Please see NTN Buzztime, Inc.'s recent filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized.
Source: NTN Buzztime, Inc.
Forbes had a profile of (the outgoing) Bergsman:
Barry Bergsman
Director
NTN Buzztime, Incorporated
Carlsbad , CA
Sector: SERVICES / Broadcasting - TV
71 Years Old
Barry Bergsman was appointed as a Director in August 1998 and was appointed Chairman of the Board in July 2006. Prior to his appointment as Chairman of the Board, Mr. Bergsman served as lead Director from August 2004 until July 2006. Mr. Bergsman serves on the Compensation Committee and Nominating and Corporate Governance Committee of the Board. Since 1965, he has served as president of Baron Enterprises, Inc., a privately owned consulting company established in 1965. From 1985 to 1998, Mr. Bergsman served as president of Intertel Communications, Inc., a company focused on the use of the telephone and interactive technology for promotion, entertainment and information. Prior to 1985, Mr. Bergsman was engaged in television production and syndication and was an executive with CBS, a broadcast television network. Since May 1999, Mr. Bergsman has served as a director of Photogenesis, Inc., a privately held medical device and biotechnology company. NTN Buzztime, Inc. (the "Company") announced that effective May 29, 2008, Barry Bergsman has stepped down as Chairman but will continue to serve as a member of the Board of Directors.
You'll recall that Bergman's replacement as Chairman of the Board was Michael Fleming.
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