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May 14, 2012 09:07 AM Eastern Daylight Time 

DEV Advisors Opens Doors; Welcomes Dick Wingate as Principal

Clients include iJukebox, Talking Media Group, and More

NEW YORK--(BUSINESS WIRE)--DEV (Digital Entertainment Ventures) announces the formation of DEV Advisors, an affiliate which will offer consulting and advisory services to digital media companies. Seasoned digital entertainment executive Dick Wingate joins the firm as Principal.

“A recent study confirmed that the tech industry is growing faster in New York City than anywhere else in the country”

DEV Advisors clients already include iJukebox, an interactive music streaming service that lets users choose the music at businesses everywhere; Talking Media Group, a database for buyers and sellers of digital media, publishing and entertainment; Elements, a resource for Brazilians who travel and live part time in South Florida; Alluring Logic, a cloud-based solution that helps retailers develop strong client relationships; and imbookin, an online distribution channel for venues to effectively list and market their availability.

“A recent study confirmed that the tech industry is growing faster in New York City than anywhere else in the country,” said DEV Managing Director Alan McGlade. “DEV Advisors fills a need for digital media companies that need access to professionals with high level experience in digital business strategy, content acquisition and licensing, and market and product development. We have a terrific network of Advisors, and I can’t think of anyone better qualified to play a Principal role than Dick Wingate.”

Wingate’s career spans more than three decades in music and interactive media. He recently served as General Manager, East Coast Business Development for TAG Strategic, a digital entertainment consultancy, providing business development, content licensing, strategic partner and distribution strategy. Prior to TAG, Wingate was President, Media Development & Chief Content Officer for Nellymoser Inc., one of the earliest providers of rich media mobile applications. Wingate helped pioneer the digital music business during his years as SVP, Content Development, at Liquid Audio, Inc., which created the first end-to-end secure digital music platform. He has also held senior positions at several major record labels including Arista, Polygram, Epic and Columbia.

The DEV Advisors team also includes Stephen Bradley, Managing Partner of Farmingville Capital; Val Katayev, Founder and CEO of ToneFuse, a music marketing platform; Henry Leong, Managing Director of Vietbridge LLC, a boutique firm that specializes in raising capital and sourcing joint ventures in the Asia-Pacific region; and Sandbox Strategies, a boutique firm focused on media strategy for videogames and tech.

About DEV Advisors

DEV Advisors is a consulting firm and affiliate of New York-based DEV (Digital Entertainment Ventures). The firm is comprised of accomplished media executives with deep experience in building, distributing and generating revenue streams for emerging digital media businesses. DEV Advisors acts as a bridge between the technology and entertainment industries -- providing digital business strategy, content acquisition and licensing, access to key relationships, market and product development, and more.

About DEV (Digital Entertainment Ventures)

DEV provides guidance, seed and early stage capital to companies building the next generation of digital services that are transforming media and entertainment. DEV is managed by seasoned media and venture executives Alan McGlade and Michael Yang, and its initial investments include Stageit, Mad Humans and others to be announced soon. It is headquartered in New York City. Visit DEV on the web at www.devny.vc.

Contacts

For DEV
Cathy Halgas Nevins, 917-887-4140
Cathy.h.nevins@gmail.com
or
Laurie Jakobsen, 646-484-6764
laurie@jaybirdcom.com

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