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Zonzia Media Appoints Naresh Malik as CEO

ID: 1357786

Former Executive at Reliance MediaWorks Joins OTT Streaming Media Company Zonzia Media Inc.

(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 05/11/15 -- Zonzia Media, Inc. (OTC PINK: ZONX), a new over-the-top (OTT) streaming media company, today announced the appointment of Naresh Malik as CEO, effective immediately. Malik will be responsible for the strategic growth and direction of the company.

"Naresh is a huge asset to our team. He comes to Zonzia with more than two decades of experience in management within the media & entertainment business," said Myles A. Pressey III, Chairman, Zonzia. "Having led global sales, production and distribution for the film and broadcast industry, Naresh possesses unique and unparalleled expertise across this sector. He will play an integral role in growing our business, both in the U.S. and internationally."

Malik most recently served as President at Reliance MediaWorks, a film and entertainment services company and a member of The Reliance Group, where he led media, creative services and global sales teams and led efforts across the U.S., India and the United Kingdom. Previously, Malik held the position of CEO at both Prime Focus and Pixion, two major media services companies with presences across multiple states in India and countries around the world.

"More than half of U.S. broadband homes now use an OTT service, up from 44 percent in 2013," said Naresh Malik, CEO, Zonzia. "OTT is experiencing tremendous and unprecedented growth. Consumers want better alternatives to traditional cable TV and I am excited to join the Zonzia team to lead this effort. We have secured VOD carriage across Comcast, Dish Network and Verizon, and the Zonzia channel will also be available in approximately 1 Million hotel rooms across the U.S."

Zonzia Media, Inc. (OTC PINK: ZONX) is an over-the-top (OTT) streaming media company that delivers entertainment to consumers, hungry for fresh and original content. Zonzia will distribute original programming, TV shows, movies and documentaries, independent and short films, and live events through its hybrid channel, accessed via subscription video-on-demand (SVOD). Zonzia works with top production companies, networks and studios globally, as well as writers, producers, directors and A-list talent to bring engaging entertainment directly to viewers. Zonzia has secured VOD carriage across Comcast, Dish Network and Verizon with a total reach of more than 48 Million homes, and the Zonzia channel will be available in approximately 1 Million hotel rooms across the U.S. Zonzia''s SVOD channel will also be accessible over connected devices. For more information, please visit .





FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements, including, but not limited to, statements regarding Zonzia Media Inc. and their plans, products and related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "reach," "will," "believes," "estimates," "potential," or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Zonzia''s filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Zonzia Media Inc. undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.

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Media Contact:
Minou Reisinger
Illuminate Public Relations for Zonzia

206.779.4559


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Bereitgestellt von Benutzer: Marketwired
Datum: 11.05.2015 - 07:00 Uhr
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News-ID 1357786
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