BURBANK, Calif.--(BUSINESS WIRE)--DIC Entertainment (DIC), a leading family entertainment global brand management company, announces the appointment of Gray Davis, former Governor of California, as a non-executive director. The announcement was made today by Andy Heyward, Chairman & CEO of DIC.
Former Governor Gray Davis has held for over 30 years high-level public service positions in the State of California, serving as Governor (1998 – 2003), Lieutenant Governor (1995 – 1998), Controller (1987 – 1995) and State Assemblyman (1982 - 1986). He was also the Chief of Staff to Governor Edmund Brown (1975 – 1981). During his tenure as Governor, Davis made record investments in public education, healthcare and California’s infrastructure. He presided over an economic expansion that secured California’s position as the 6th largest economy in the world.
Currently, Davis is Of Counsel in the Los Angeles office of Loeb & Loeb LLP, a multi-service law firm. In this capacity, he provides strategic advice and counsel to both Loeb & Loeb and its clients on numerous issues, and he creates opportunities to expand the firm's client base through his extensive network. Davis also serves on the Board of Directors for Source Interlink, a leading marketing, merchandising and fulfillment company of entertainment products, and he sits on an Advisory Board for Roth Capital Partners, a leader and innovator in the small and micro-cap markets. Davis holds Member Emeritus status (formerly Co-Chairman) for the Council of Institutional Investors, and he continues to serve as a senior statesman and mentor to elected officials.
“As one of the most experienced and admired public servants in California, Gray brings a wealth of knowledge and a extensive network of contacts that will benefit DIC enormously,” comments Mr. Heyward. “We are honored to add such an esteemed colleague to our board, and we look forward to his invaluable contributions as we continue to grow the company worldwide.”
"I am honored to join the board of DIC, a global force in family and children’s entertainment and programming. By exploring new technologies and building strategic partnerships with key broadcast partners, DIC continues to set a standard of excellence in family-based entertainment,” comments Former Governor Davis. “I am proud of the work that Andy Heyward and the whole DIC team have done, and I am excited to build upon that success.”
Governor Davis joins DIC’s Board of Directors including veteran media executives Christopher McGurk, Michael Jackson, Simon Olswang and Peter Strauss.
Christopher McGurk: Mr. McGurk serves as Chief Executive Officer of Overture Films, a wholly-owned subsidiary of Starz, LLC, a division of Liberty Media engaged in the production, acquisition and worldwide theatrical distribution of live action films. He was formerly Vice Chairman and Chief Operating Officer of MGM Inc. until its sale to investors that included Sony Corporation. Prior to MGM, Mr. McGurk held the position of President and Chief Operating Officer at Universal Pictures, and previously, he was President of the Motion Picture Group at Disney.
Michael Jackson: Mr. Jackson serves as President of Programming for Barry Diller's IAC/InterActiveCorp overseeing the company's initiatives in the development, acquisition and distribution of programming. Previously, he was Chief Executive of Channel Four Television, Controller of BBC2 and BBC1 and then Director of Television at the BBC. Mr. Jackson also held additional senior media positions, including Chairman of Universal Television Group and Chief Executive of USA Entertainment.
Simon Olswang: Mr. Olswang served as Chairman of Olswang, the specialist law firm he founded serving the media and related industries. He is also a co-founder of LongAcre Partners Ltd, the specialist media and entertainment M&A advisory firm. Mr. Olswang serves on the Board of Directors of the British Library and the British Screen Advisory Council. He was also a former Governor of the British Film Institute.
Peter Strauss: Mr. Strauss serves as Executive Vice President of Mandalay Pictures and Chairman of LG Pictures, the Lion’s Gate Entertainment investment vehicle. During his career he has produced, executive produced and overseen production on various highly successful films, including Cabaret, Papillon, Buster and The Man Who Could Be King. Mr. Strauss is also a member of the Academy of Motion Pictures Arts and Sciences.
The Executive Directors include:
Andy Heyward – Chairman and Chief Executive: Mr. Heyward, a 30-year entertainment industry veteran, has served for over 20 years as Chairman & CEO of DIC. After graduating from University of California – Los Angeles, he worked as an apprentice writer at Hanna-Barbera and then became a story editor, producer, and development executive. In 1980, Mr. Heyward joined DIC Audiovisuel SARL where he prepared the French-based business to enter the U.S. market, and subsequently, he co-created the hit Inspector Gadget franchise which has become DIC's flagship property. In 1986, Mr. Heyward led a leveraged buyout of DIC. Mr. Heyward has been cited with numerous industry recognitions including Emmy Awards, ACE Awards, Humanitas and EMA Awards. He is also active in numerous community activities including the National Center for Missing and Exploited Children, Cedars Sinai Medical Center and Mediascope, a watchdog media agency dedicated to improving the quality of children’s content.
Jeffrey Edell – President and Chief Operating Officer: Before joining DIC in July 2006, Mr. Edell co-founded and served as President & CEO of Vertical Branding, a publicly listed direct response marketing and branding company focused on health, beauty, fitness and home consumer products. Previously, he served as Chairman of Intermix Media, Inc., the owner and operator of online businesses, including MySpace, which was sold to News Corp for over $600 million in 2005. Prior to Intermix, Mr. Edell was President and CEO of Soundelux Entertainment Group, the multi-Oscar Award-winning independent provider of entertainment content and technology to the entertainment industry which was sold to Liberty Media in 2000. Mr. Edell holds a CPA and a BS in Commerce and Accounting from the McIntire School of Commerce at the University of Virginia. He is a member of The Academy of Motion Picture Arts & Sciences and the Academy of Television Arts & Sciences.
DIC Entertainment, a fully-integrated global brand management company, is dedicated to creating, developing, producing, distributing, marketing and merchandising family-based intellectual properties. The Company serves as the worldwide licensor for brands such as McDonald’s, Strawberry Shortcake, and Classic Trolls. DIC has distinguished itself by building one of the largest libraries of animation with approximately 2,800 half-hours of programming, including Inspector Gadget™, Strawberry Shortcake™, Sabrina™, Madeline™, Liberty’s Kids™ Care Bears™ and Trollz™. DIC and AOL’s kids online destination KOL have formed a co-production partnership that will launch the new branded kids’ programming block, “KOL’s Secret Slumber Party on CBS.” As a pre-eminent supplier of kid’s programming worldwide, DIC has developed strategic partnerships with key broadcast partners throughout North America, Europe, Asia, Latin America, Africa and Australia. DIC recently announced the acquisition of Copyright Promotions, a Pan-European licensing agency that represents the licensing rights of a broad portfolio of world-renowned companies including DreamWorks Animation, MGM, Marvel, Sony, Twentieth Century Fox, Viacom and The Football Association. DIC is headquartered in Burbank, California with offices in New York, Paris and London.