2016 To Our Colleagues and Friends at IBC 2016 MediaBridge Capital Advisors is pleased to be attending IBC 2016. MediaBridge Co-founders and Managing Partners Ethan Jacks and John Bowen, and Industry Executive Advisors Graham Sharp and Courtney Spencer, in addition to Strategic Advisors Tom Ohanian (Cisco Systems), Jeff Allen (formerly Clearleap/IBM), and Rob Levy 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 the M&A and corporate finance activities in the industry. Ethan E. Jacks John C. Bowen Managing Partner Managing Partner [email protected] [email protected] 617.592.2739 (m) 617.921.0075 (m) 2 MediaBridge has been busy… … advising seven top-tier media technology companies over the last three years in both M&A and capital-raising transactions: 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 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. Pebble Beach Systems, with its advanced automation and channel-in-a-box products, was acquired by Vislink plc for $24.7 million. 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 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 new 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 College 4 Industry Executive Advisors • 25+ years of executive management experience in the media industry, most recently at The Vitec Group plc • Board member 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 Grass Valley Group, XtraNormal, Discreet Logic, and Dynatech Graham Sharp • President of CRX Partners, a media technology business development consultancy • CRX and MediaBridge work 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 Courtney Spencer • Full-time consultant, D&M Holdings (M&A and post acquisition integration focus) • VP/GM, Professional Audio, Sony Broadcast & Professional 5 Strategic Advisors • 30+ years of experience in the media industry • Current member of the digital media strategy team as Cisco Systems • Former corporate fellow and member of founding team at Avid Technology • Former chief strategy officer at Signiant • Academy Award and two-time Emmy Award recipient for scientific and technical invention Tom Ohanian • 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. Jeff’s leadership and strategy experience includes managing all aspects of marketing, product management, corporate development/M&A and finance. • 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 Allen • 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. • 10+ years experience in the film and television industry, including Artist Management Group, Warner Brothers, and Untitled Entertainment. • President of InterMedia Entertainment, which published the IME Star Index, a research tool designed to assist advertisers in selecting and optimizing celebrity-driven advertising campaigns. • Launched the branded entertainment division of Untitled Entertainment in 2007 and ran the division successfully through 2012. • Board of Advisors of Source Digital, a big data and interactive entertainment technology platform Rob Levy • Started career in investment banking in Los Angeles at Houlihan, Lokey, Howard & Zukin. 6 Strategic Advisors • 15+ years experience building new businesses in digital media, with a focus on content creation, production, and distribution • 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 • Co-founder and former CEO of Sample Digital Inc., where he oversaw development of Emmy Award-winning Digital Josh Kline 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 profile postproduction companies. • Began as an investment banker providing M&A advisory services to companies in the technology, gaming, and publishing industries Chad Knowles • Author of published works for the Motion Picture Association • 25+ years working in film, television, media technology, and entertainment. • Starting as an assistant to legendary Hollywood producer, Edgar J. Scherick (Take the Money and Run, The Heartbreak Kid, The Stepford Wives), he went on to become a writer-director-producer, editor, and media technologist. • Larry was the founder/co-owner of PostWorks, New York's largest post production company, and was a trailblazer in the development of portable, location-based digital post-production systems. Lawrence Blume • Directed two television dramas; Martin & Orloff (Comedy Central - 2002) for which he was named one of the "Ten Rising Stars of Comedy" by the Hollywood Reporter, and Tiger Eyes (Lifetime - 2013), which won numerous awards and is currently in release around the world. • He has worked as a production/distribution consultant on many independent feature and documentary films and has lectured extensively on HDTV, Digital Cinema, and the convergence of television and the internet. 7 Strategic Advisors • 20+ years experience in business development, strategic planning, M&A, IPO, private equity, and international operations • Former partner at North Bridge Ventures, covering communications, wireless, and software • Former senior executive at Shiva Corporation, contributing to a successful IPO, several acquisitions, and a rapid growth phase • Adjunct lecturer at Babson College and former senior lecturer at MIT Sloan • Graduate of Fordham University with an MBA from Harvard Business School Angelo Santinelli • 20+ years in the entertainment