ZoomerMedia Announces New CFO

TORONTO, March 08, 2024 (GLOBE NEWSWIRE) -- Moses Znaimer, Founder and CEO, ZoomerMedia Limited (TSXV: ZUM) (“ZoomerMedia” or the “Company”), a multi-platform media company devoted to creating legacy and digital content for Boomer Zoomers to GenZ Zoomers, announces that Serge Blumenfeld, MBA, MSc, has assumed the role of Chief Financial Officer (“CFO”) following the departure of Terence Chan who voluntarily resigned to pursue family business opportunities..

The Board thanks Mr. Chan for his dedication and excellent service and wishes him the best in his future endeavors.

Mr. Blumenfeld is a seasoned executive with over 20 years’ experience in a variety of finance and technology roles. He has held senior positions in a number of Fortune 1000 companies, including Citibank, PeopleSoft and Willis Towers Watson. He brings big-company discipline with a down-to-earth, getting-things-done attitude.

"I'm a self-proclaimed media addict and excited and honoured to embark on a new adventure alongside Moses and a world-class team of media professionals," says Serge.

Serge comes to ZoomerMedia on the heels of the company’s recent announcements that it has purchased Curiocity, a hyper local digital publication based out of Alberta, and Owen Sound’s CJOS Bounce 92.3FM from Bell Media.

These acquisitions mark ZoomerMedia’s sixth and seventh acquisition in two years as Moses carries out his plan to expand the company’s reach beyond its original core demographic, the 45-plus, and also grow audiences 18 – 44.

About ZoomerMedia Limited

Founded by television and media icon Moses Znaimer in 2008, ZoomerMedia Limited is a multimedia company devoted to creating content, services and experiences for Canada's most powerful audiences: the 18.1 million people aged 45-plus aka "Zoomers", and the 15.1 million Millennials and Gen Zs, coincidentally also called "Zoomers", who follow in their footsteps.

ZoomerMedia operates 5 TV, 2 Radio, 3 Print, 3 Live Event, and 22 Digital properties. ZoomerMedia produces original TV, Radio, and Podcast programming, offers clients creative audio and video production services, and bespoke events on site at its 2.6 acre complex in Toronto's Liberty Village.

For specific ZoomerMedia property names and focus, please see below.

Television: VisionTV, available in 7.5 million households is Canada's home for British comedy and drama series, plus uplifting movies, music, news, and multicultural and multilingual faith programming; ONETV: The Exercise & Entertainment Channel, combines original yoga, pilates, tai chi, and cardio fitness series with British serial soaps, dramas and American movies; JoyTV in Vancouver, Victoria, Surrey and the Fraser Valley, and FAITH TV in Winnipeg are devoted to broadcasting Christian, multi-faith, and local content.