LAS VEGAS, July 7, 2014 /PRNewswire/ -- Remark Media, Inc. (Nasdaq: MARK) ("Remark Media" or the "Company"), today announced that veteran content executive Joshua Fruhlinger has joined Remark Media to run the rapidly-growing firm's content operations. He was previously Head of Digital at TMZ and, previous to that, was Editorial Director for AOL Tech, where he oversaw operations at Engadget, Joystiq, and TUAW.
Fruhlinger joins Remark Media during a period of rapid growth. Remark Media owns multiple lifestyle channels which include health & wellness, travel, fashion, and sports verticals.
"Remark's content properties are poised to become number-one destinations in all of their verticals," Fruhlinger says. "The talent is in place and more is anticipated. The publishing technology is top-notch. I can't think of a better place for me at this stage in my career. This is going to be fun. In the future you'll hear us mentioned in the same breath as Gawker, Vox, even AOL and Yahoo."
Joshua will join CEO Kai-Shing Tao along with a talented crew of executives and content producers. "We are excited to have Joshua join the Remark Media team," says Tao. "He brings a combination of distinguished digital content experience with a strong entrepreneurial spirit that is very core to our culture. He will immediately help build our current content portfolio as well as future brands as we continue to target the 18-34 year old demographic."
While at TMZ, Fruhlinger oversaw digital content and production operations. During his tenure there, he created 13 new content franchises, overhauled the news organization's publishing workflow, and ultimately saw a 25% increase in digital engagement across web and mobile. Previous to that, he helmed AOL's technology new organization, where he helped the company not only grow audience but also monetize content while maintaining editorial integrity at the world's top technology news destinations. He also contributes regularly to the Wall Street Journal and GQ.
About Remark Media
Remark Media, Inc. (Nasdaq: MARK) is a global media company that owns and operates a portfolio of assets focused on the 18-to-34-year-old (otherwise known as "The Millennials" or "Gen Y") demographic across a variety of lifestyle verticals. These include fashion, sports, travel, entertainment, health and wellness, personal finance, and informational know-how.
Remark Media's assets presently include: (i) Bikini.com, an aspirational lifestyle and ecommerce destination for the beach globetrotter; (ii) Roomlia, a mobile hotel booking app that provides a superior user travel experience while balancing the needs of hotel owners; (iii) HowStuffWorks China and Brazil, locally known as BoWenWang and Comotudofunciona, respectively; (iv) PPTV Boxing, the first ever digital boxing channel in China launched in partnership with PPTV, China's largest leading online TV service; and (v) Banks.com, US Tax Center at www.irs.com, FileLater.com, and TaxExtension.com, a suite of digital sites focused on personal finance. Additionally, Remark Media is a founding partner and equity owner of Sharecare, Inc. Created by Jeff Arnold, founder of WebMD, and Dr. Mehmet Oz, in partnership with Harpo Productions, Sony Pictures Television, and Discovery Communications, Sharecare is a highly searchable social healthcare platform organizing and answering the questions of health.
The Company is headquartered in Las Vegas with operations in Beijing and Sao Paulo. Remark Media is listed on The NASDAQ Capital Market under the ticker MARK.
This press release contains "forward-looking statements," as defined in Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be in the future tense, and often include words such as "anticipate", "expect", "project", "believe", "plan", "estimate", "intend", "will" and "may". These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Remark Media. Relevant risks and uncertainties include those referenced in Remark Media's filings with the SEC, and include but are not limited to: our losses and need to raise capital; successfully developing and launching the Boxing Channel; reliance on third parties such as PPTV; ability to procure content and monetize audiences; restrictions on intellectual property under agreements with third parties; challenges inherent in developing an online business; reliance on key personnel; risks of business in foreign countries, notably China and Brazil, including obtaining regulatory approvals and adjusting to changing political and economic policies; governmental laws and regulations, including unclear and changing laws and regulations related to the internet sector in foreign countries, especially China; general industry conditions and competition; and general economic conditions, such as advertising rate, interest rate and currency exchange rate fluctuations. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Remark Media assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.
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SOURCE Remark Media, Inc.