Read Our 2018 IBC Industry Overview

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Read Our 2018 IBC Industry Overview 2018 To Our Colleagues and Friends at IBC 2018 MediaBridge Capital Advisors is pleased to be attending IBC 2018. MediaBridge Co-founders and Managing Partners Ethan Jacks and John Bowen, and Industry Executive Advisors Courtney Spencer, Tom Ohanian (IBM Watson Media), Graham Sharp, David Schleifer, and Jeff Allen (Brandlive) will be in attendance throughout the Show. We look forward to meeting with our colleagues and partners in all market segments of the industry, discussing your strategic growth plans and options, and sharing our perspective on our recent transactions and other significant M&A and Private Equity financing transactions since last IBC. Ethan E. Jacks John C. Bowen Managing Partner Managing Partner [email protected] [email protected] 617.592.2739 (m) 617.921.0075 (m) 2 MediaBridge – Recent Transactions … advising eight top-tier media technology companies over the last several years in both M&A and capital-raising transactions: Solid State Logic (‘SSL’), the iconic manufacturer of high-end broadcast, live and studio mixing consoles and systems in its sale to Audiotonix, a global market leader in the design, engineering and manufacturing of professional audio mixing consoles and related products for the professional broadcast and live sound markets. Ultimatte, the industry standard chroma key/matting technology for broadcast and virtual Production Suites, in its acquisition by Blackmagic Design. Final Draft, the maker of the industry-standard Final Draft scriptwriting software for the film, television and other media industries, in its acquisition by Cast & Crew, a Silver Lake Partners portfolio company. Minnetonka Audio Software, the recognized world leader in file-based audio processing solutions for the professional marketplace, was acquired by The Telos Alliance. SVSi, the leader in IP-based Networked AV distribution and switching solutions, was acquired by Harman International. X2O Media, known for its HTML-5-based platform for advanced visual communications, was acquired by Barco, a global manufacturer of visual systems, for C$21 million. Teradek, an Irvine, California-based leader in wireless video technology, was acquired by UK-based The Vitec Group plc for $30.4 million. iZotope, a leader in music and audio software based in Cambridge, Mass., received $12 million in growth capital from investor ABS Capital Partners, a top private equity firm based in Baltimore, Md. 3 Reasons to Choose MediaBridge • Exclusive focus on media technology and decades of experience in media technology and IT markets • Personal relationships with and knowledge of leading industry acquirers and investors • Relevant and recent deal execution experience • Consistent track record achieving strong valuations for our clients • Success in representing founder-owned companies, on both valuation and post-closing relationship with buyer • Commitment by senior bankers to transaction management leading to optimum results • Broad financial, legal, and operational skills to best handle complex transactions 4 MediaBridge Co-Founders and Managing Partners Our principals have advised on more than 40 mergers and acquisitions in the media sector worldwide. Leading the team are Ethan Jacks and John Bowen, who together have more than 50 years of experience in media technology with unmatched expertise in the film, video, audio, broadcast, Internet, and streaming media markets. • 30+ years experience as investment banker, corporate executive, and corporate lawyer • Co-founded MediaBridge with John Bowen in 2012 • Served as Avid Technology senior executive (EVP Corp Development, CLO, CFO) from 1999 to 2006. Led Avid during its most significant period of growth. Managed 12 strategic acquisitions, doubling the company’s revenue to $1 billion and growing market cap from $400 million to $2.5 billion • Co-founded an environmental technology company in the mid 90s, which achieved a public market cap of over $1 billion Ethan Jacks • BS from MIT and MBA from MIT Sloan School of Management; JD, Georgetown University Law Center • 30+ years of investment banking, equity research, and operational IT experience • Prior to co-founding MediaBridge, led Covington Associates expansion into the digital media and technology sectors, representing both privately held and publicly traded companies • VP Equity Research at First Albany Corporation covering digital media technology, networking hardware and software, and enterprise software companies. Previously employed at Sybase, McDonnell Douglas, and Digital Equipment Corp. • Author of three significant industry research reports on media technology and CDN markets John Bowen • 15 years of experience in traditional and new-media technology, and an additional 15 years of IT industry experience • BS in Mechanical Engineering with Digital Systems concentration from University of New Hampshire; MBA from Babson 5 Industry Executive Advisors • Managing Partner of CRX Partners, a media technology business development consultancy • Works with MediaBridge to provide the best combination of strategic and transaction expertise to the professional and consumer audio/video markets • 30+ years of executive experience in professional, broadcast, and commercial audio • Senior VP Business & Professional Group Americas (Allen & Heath, Calrec, D&M Pro), D&M Holdings • Full-time consultant, D&M Holdings (M&A and post acquisition integration focus) Courtney Spencer • VP/GM, Professional Audio, Sony Broadcast & Professional • 25 years of experience in the media technology industry • COO of Primestream, Inc. a provider of a provider of Media and Asset Management Solutions to the Broadcast Sports and Entertainment markets. • Former Vice President of Strategic Planning for Avid Technology, and Vice President of Broadcast for Avid where he built and managed Avid’s growth into the broadcast market. VP of Sales and Marketing for Algolith, and full-time consultant for companies like WWE and others. David Schleifer • 30 years of executive management experience in the media industry • Director of Media Asset Capital, a UK based full-service media consultancy, and AV3, a Web distribution channel • Former EVP and GM of Avid’s video division, a $470 million business with 1,500 employees • Executive management positions with Vitec PLC, Grass Valley Group, XtraNormal, Discreet Logic, and Dynatech Graham Sharp 6 Strategic Advisors • 30+ years of experience in the media industry • Currently Global Sales Executive at IBM Watson Media • Former member of the digital media strategy team as Cisco Systems • Former Chief Strategy Officer at Signiant • Corporate Fellow and member of founding team at Avid Technology Tom Ohanian • Academy Award and three-time Emmy Award recipient for scientific and technical invention • 20+ years leading start-ups and public companies, launching innovative cloud, SaaS, consumer electronics and consumer-facing businesses. He has worked closely with Accenture, Microsoft, Samsung, Best Buy, ESPN, Amazon, Adobe and IBM, among others. • Currently CEO of Brandlive Inc. • Jeff’s leadership and strategy experience includes managing all aspects of marketing, product management, corporate development/M&A and finance. • Vice President for Business Development at Brightcove, Inc. • Jeff Allen As VP of Business Development at Clearleap, Jeff helped lead the sale of Clearleap to IBM in December 2015, forming the core of IBM’s new video cloud business unit. • Jeff is an expert in scalable architectures and cloud-based UX, and specializes in the application of sensors, video, and animation technologies to media and entertainment, finance and telco industries. • John Fargis is a senior executive with over twenty-four years of general management experience in the China market, in telecom, media and technology industries. Google has purchased three of the companies he helped manage. • John is currently co-founder and partner in BYG Advantage, a sales acceleration firm bridging top technology SME’s into APAC. • He is also a professor of Management, Strategy and Leadership at the Hult International Business School’s Shanghai campus. • John has run APAC for a number of software and hardware platforms including telecoms infrastructure, speech processing, video codecs, video conferencing, embedded touch technology, geo-location technology, open source data architecture, in- John Fargis memory database, and IT systems management software. • He has launched offices and built teams, numerous times in China, Hong Kong, Taiwan, South Korea, Japan, Singapore, India, and Australia. John lives in Beijing with his wife and two daughters. 7 Strategic Advisors • 15+ years experience building new businesses in digital media, with a focus on content creation, production, and distribution • CEO and Founder of Have/Need • Former head of Media & Entertainment at Box.com • Former chief strategy officer of Final Draft Inc., the world leader in script-writing software • Former executive at Secure Path Technology, an enterprise cloud-based metadata company Josh Kline • Co-founder and former CEO of Sample Digital Inc., where he oversaw development of Emmy Award-winning Digital Dailies solution • CEO of OpenDrives, where he is responsible for day-to-day operations and leads product development and technology strategy • 20-year veteran of the media and technology industry with executive positions held at EMC's Media & Entertainment practice in the Cloud Infrastructure Group, Echostar, and SecurePath Technology. Also built the digital media divisions of two high
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