Tuesday, April 19, 2011

Music/ entertainment Stocks News; Chris Gannett Named Chief Marketing Officer at CKX (NASDAQ: CKXE)

Music/ entertainment Stocks News; Chris Gannett Named Chief Marketing Officer at CKX (NASDAQ: CKXE)

http://musicinvestornews.blogspot.com/

Brings strong background in global brand management to owner of IDOLS franchise as well as Elvis and Ali rights

NEW YORK--()--Kraig G. Fox, Chief Operating Officer of CKX, Inc. (NASDAQ: CKXE), today announced that Chris Gannett, a seasoned marketer with broad experience managing global brands, has joined the company as Chief Marketing Officer.
“We are convinced there will be exciting growth and innovation under his leadership.”

.“Chris’s experience working with leading consumer and business-to-business brands including Sony Music, Citi, Oreo and Dr Pepper, combined with his strong strategy, digital and partnership expertise make him the ideal CMO for CKX,” said Mr. Fox. “We are convinced there will be exciting growth and innovation under his leadership.”

“I am very excited to be joining CKX at such a pivotal time in the company’s history, marked by the return of Michael G. Ferrel as CEO and appointment of Kraig Fox as COO,” said Mr. Gannett. “I look forward to working with my CKX colleagues to strengthen our brands and drive improved growth across the properties.”

In his role as CMO, Mr. Gannett will be responsible for stewarding CKX’s corporate marketing efforts as well as driving strategy within its portfolio businesses during a time of transition and change in the media and entertainment industries. The company’s existing properties generate recurring revenue across multiple entertainment platforms, including music and television, licensing and merchandising, talent management, themed attractions, and touring/live events.


Mr. Gannett’s track record includes consumer packaged goods, digital media, entertainment, and financial services as well as agency experience. Most recently, he served as Vice President of Sony Music Entertainment’s Commercial Music Group, where he led its Strategic Marketing and Business Development unit. Prior to Sony, he served as a Vice President of Citigroup’s Corporate and Investment Bank. Before that, he held brand marketing positions of increasing operational and financial responsibility at Nabisco and Cadbury Schweppes, among other companies.
Born in Dallas, Texas, Mr. Gannett holds an MBA degree from Washington University in St. Louis and a Bachelor of Science degree in Journalism from The University of Kansas.
About CKX, Inc.

CKX, Inc. is engaged in the ownership, development and commercial utilization of globally recognized entertainment content. The Company's current properties include the rights to the name, image and likeness of Elvis Presley and Muhammad Ali and the operations of Graceland. Through its wholly-owned division 19 Entertainment Ltd., CKX owns proprietary rights to the IDOLS and So You Think You Can Dance television brands, including the American Idol series in the United States and local adaptations of the IDOLS and So You Think You Can Dance television show formats which, collectively, air in more than 100 countries, as well as other television properties. Also through 19, CKX has relationships and partnerships with some of the biggest names in entertainment, including Adam Lambert, Kelly Clarkson, David Cook, Jordin Sparks, Kris Allen, among others. For more information about CKX, Inc., visit its corporate website at www.ckx.com.

Contacts
42West
Allan Mayer, 310-477-4442


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