08:06:41 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



ZoomerMedia Ltd
Symbol ZUM
Shares Issued 287,634,950
Close 2024-03-08 C$ 0.025
Market Cap C$ 7,190,874
Recent Sedar Documents

ZoomerMedia appoints Blumenfeld CFO

2024-03-08 17:07 ET - News Release

Mr. Moses Znaimer reports

ZOOMERMEDIA ANNOUNCES NEW CFO

Serge Blumenfeld, MBA, MSc, has assumed the role of chief financial officer (CFO) of ZoomerMedia Ltd. 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 endeavours.

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 Mr. Bluemenfeld.

Mr. Blumenfeld comes to ZoomerMedia on the heels of the company's recent announcements that it has purchased Curiocity, a hyperlocal digital publication based out of Alberta, and Owen Sound's CJOS Bounce 92.3 FM (frequency modulation) from Bell Media.

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

About ZoomerMedia Ltd.

Founded by television and media icon Moses Znaimer in 2008, ZoomerMedia 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, also known as Zoomers, and the 15.1 million Millennials and Gen Zs, coincidentally also called Zoomers, who follow in their footsteps.

ZoomerMedia operates five TV, two radio, three print, three 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 and 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, multifaith and local content.

Zoomer Digital Network (ZDN) reaches 18.5 million monthly active users with over a billion annual page views and social media engagements. ZDN comprises Daily Hive in Western Canada, Ontario, Quebec and the Maritimes, one of Canada's most-followed news brands with over 10 million monthly active users, over 270 million annual page views, and 3.1 million followers across Instagram, Facebook, Twitter (X), TikTok and LinkedIn; blogTO, Toronto's unrivalled local publisher across digital and social media platforms, bringing in eight million monthly active users and over 213 million page views annually; Zoomer Magazine's EverythingZoomer, Canada's leading provider of on-line content targeting the 45 plus; The Peak, serving 150,000 Canadian professionals and business leaders with the top global business, finance and tech stories of the day packaged in smart, fast and easily digestible formats; and Ludwig Van, Canada's leading and fastest-growing digital voice for the latest classical, opera, chamber and choral music headlines, reviews, comments, and personality-driven features and interviews. ZoomerMedia amplified its digital presence in Canada even further with the recent acquisition of Curiocity, one of Alberta's leading hyperlocal digital media publishers, with a presence in other key markets in Canada.

Radio comprises The New Classical FM, Canada's only commercial all-classical music radio station broadcasting over three frequencies in a unique regional Ontario network: 96.3 FM CFMZ-FM Toronto (Greater Toronto Area), 103.1 FM CFMX-FM Cobourg (Eastern Ontario) and 102.9 FM CFMO-FM Collingwood (Southern Georgian Bay); and Zoomer Radio, the original greatest hits, the biggest broadcast footprint in Canada also reaching 28 American states, and broadcasting simultaneously both in AM (amplitude modulation) and FM in Toronto (740 AM CFZM-AM and 96.7 FM CFZM-FM); and the newly acquired CJOS Bounce 92.3 FM in Owen Sound playing adult hits. (The sale is subject to CRTC (Canadian Radio-television and Telecommunications Commission) approval and other closing conditions.)

Print comprises Zoomer Magazine, the company's flagship magazine and Canada's largest paid circulation magazine for the 45-plus market; On The Bay Magazine, a dominant regional lifestyle magazine published quarterly for the 20 towns and villages of Ontario's Southern Georgian Bay; and Tonic Magazine, a regional health and wellness magazine published bimonthly and distributed across the city of Toronto.

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