PRIMEDIA Promotes Scott Fogarty to President/CEO of Films
TO BUSINESS, ENTERTAINMENT AND EDUCATION EDITORS:
NEW YORK, Dec. 18 /PRNewswire-FirstCall/ -- PRIMEDIA Inc. (NYSE: PRM), the leading targeted media company, announced today that Scott Fogarty (37) has been promoted to president and CEO of Films for the Humanities & Sciences. With this promotion, Mr. Fogarty will have responsibility for extending the market leading position of Films for the Humanities and Sciences, the leading provider of educational video content to schools and universities. In addition, he will direct curriculum-based content initiatives currently under development with Channel One, PRIMEDIA's satellite-distributed school news franchise. He will report to Jim Ritts, president and CEO of PRIMEDIA Television.
"Our Films for the Humanities business has significant opportunities for growth and development and we are focused on capitalizing on our large content library and direct marketing and satellite distribution positions to create altogether new revenue streams," said Jim Ritts, president and CEO of Primedia Television. "Scott is a talented executive with the right blend of strategic business development and video experience to help implement our strategic growth plans for these education businesses. We are pleased that he will be taking on this important role within the company."
Added Mr. Fogarty, "Films for the Humanities enjoys remarkably high recognition in the college and high school education communities. This is a terrific opportunity for me to work with a library of over 9,000 educational video titles and a strong management team in the context of a rapidly evolving technology landscape. In this environment, I believe we can significantly increase the benefits our customers enjoy from our excellent content."
Mr. Fogarty most recently served as vice president of development at PRIMEDIA's corporate office, where he was responsible for corporate development activities at PRIMEDIA's education companies, in addition to other PRIMEDIA segments. Prior to joining PRIMEDIA, he served as an executive in the television industry at Telerep, a unit of Cox Enterprises. He also has worked in journalism, including positions at the International Herald Tribune and Institutional Investor.
Mr. Fogarty earned an AB in History from Harvard University and an MBA from Columbia University.
Films for the Humanities & Sciences (FFH) is the leading distributor of videos, DVDs, and CD-ROMs to schools, colleges, and libraries in North America, and the dominant, branded distributor to higher education with more than 9,000 titles. Founded in 1959 and located in Princeton since 1972, the company also has offices in Great Britain.
PRIMEDIA is the leading targeted media company in the United States, with positions in consumer and business-to-business markets. Our properties deliver content via print as well as video, the Internet and live events and offer highly effective advertising and marketing solutions in some of the most sought after niche markets. With 2002 sales from continuing businesses of $1.5 billion, PRIMEDIA is the #1 special interest magazine publisher in the U.S. with more than 250 titles. Our well-known brands include Motor Trend, Automobile, Fly Fisherman, Power & Motoryacht, Creating Keepsakes, Ward's Auto World, Registered Rep, Snowboarder, Stereophile, Photographic and Folio. The company is also the #1 publisher and distributor of free consumer guides, including Apartment Guides. PRIMEDIA Television's leading brand is the Channel One Network and About is one of the largest sources of original content on the Internet. PRIMEDIA's stock symbol is NYSE: PRM.
SOURCE PRIMEDIA Inc.