Touchtunes Appoints Art Matin As President And CEO
Art Matin (pronounced MAT'-in), a former global business manager for IBM Corporation and senior executive of several technology companies, has joined digital-jukebox leader TouchTunes Music Corporation as president and chief executive officer. Matin was also named to TouchTunes' board of directors. Matin succeeds John Perrachon, who remains an active member of TouchTunes' board and a major stockholder, according to William Meder, TouchTunes chairman.
In announcing the leadership transition, Meder noted, "During John Perrachon's tenure, TouchTunes achieved significant success in its core business of supplying digital-downloading jukeboxes and music services to North America's coin-machine operators and distributors. In 2003, we had an installed base of 7,300 jukeboxes. At the end of 2006, we had 23,000. And we surpassed the milestone of having our jukeboxes download and play a billion songs, a feat still unmatched by any of our competitors. Thanks to John and his team, TouchTunes is in an enviable position."
Matin, TouchTunes' new president and CEO, says, "I've inherited an outstanding team of coin-op and music industry professionals, all of them passionate about innovation and customer satisfaction. They'll be the foundation for our next stage of growth and a new era of revenue opportunities for TouchTunes and its partners. I look forward to working with our operators and distributors in building on the momentum TouchTunes has established and capitalizing on the tremendous opportunity we share in the market."
Matin brings more than two decades of wide-ranging business experience to TouchTunes, with an emphasis on customer-focused sales, marketing, and product development. Prior to joining TouchTunes, Matin was chief executive of Softricity, a venture-backed software company acquired by Microsoft Corp. in 2006. He was executive vice president of worldwide sales for Veritas, a data and storage management company with annual revenues of more than $2 billion and more than 5,000 employees.
As president of McAfee, best known for its anti-virus software, he accounted for revenues of $750 million annually and successfully established multiple channel initiatives and partnerships focused on accelerating customer adoption and market share expansion, especially in consumer segments.
During his 20 years with IBM, Matin held a variety of management positions, including overseeing sales to large corporate customers in the Asia-Pacific region while based in Tokyo, as well serving as general manager of IBM's industrial sector in the Americas.
A native of Albany, N.Y., Matin received a bachelor's degree in Biology from the University of Rochester (1978) and an MBA degree from the University of Chicago (1980).
Related News from Mi2N:
» Touchtunes Appoints Art Matin As President And CEO
» 13 Music Label Sold to MTN
» Darcus Beese Named President Of Island Records
» ASCAP Revenues Top $1.144 Billion In 2017
» BMG Appoints New Creative Directors In Nashville
» Live.me Launches Its First Live Musical Themed Content Series
News Beat Directory
» [2018-06-23] The 2018 MIDEM Silk Road International Music Alliance Signing; International Music Industries Signing Of A Mutual Resource Sharing Agreement With Shanghai Conservatory Of Music & The China Records Group
» [2018-06-06] Screen Music Connect To Explore The Music Of Film, Television And Interactive Media; Created By James Hannigan, Award-winning Composer And Game Music Connect Co-founder, Screen Music Connect Builds On The Success Of The Sold-out Game Music Conferences
» [2018-06-05] Fred Casimir To Develop BMG's Global Recordings Business; As Well As Building BMG's European Infrastructure, Casimir Was Instrumental In Developing BMG's Recordings Business
» [2018-06-03] 13 Music Label Sold To MTN; DSN Music Spins Off Record Label To Albuquerque Music Entrepreneur's New Group
» [2018-06-02] CISAC 2018 Annual Report; A Comprehensive Overview Of The Confederation's Work To Serve 4 Million Creators And 239 Authors Societies Across The World
» [2018-06-02] MusicDish Announces A Love Electric 2018 China Tour; The Tour Will Crisscross Through China With 12 Shows In 8 Cities, Including Guangzhou, Dongguan, Zhuhai, Shenzhen, Kunming, Jiaxin, Wuhan And Beijing
» [2018-06-02] Darcus Beese Named President Of Island Records; Renowned U.K. Music Executive To Join Universal Music Group's U.S. Label Leadership
» [2018-05-17] Avant-Garde Label Maybe Noise Launches In Beijing; The Official Launch Will Be On May 26 At Magnet Theater With A Performance Supporting Its First Vinyl Release: Píng Zč
» [2018-05-04] Award-Winning Lithuanian Rock Band Colours Of Bubbles "She Is The Darkness" 2018 China Tour; The Tour Will Kickoff In Shanghai Where The Band Will Represent Lithuania During The Country's Signing To The Silk Road Music Alliance
» [2018-05-01] Hollywood Heavyweights Launch New Christian Music Label; Their Debut Release, Firma Collective - Songs For Every Soul, Was Produced By Mgrdichian And Mixed By The Legendary Brian Reeves
» [2018-04-30] Pop Artist Ava King Releases New Single; Paris-born Ava King Decided To Move To Beijing Where She Wrote For One Of The Biggest Chinese Movie Production Companies, HuaYi Brothers
» [2018-04-27] NetEase Cloud Music Sign Distribution Partnership With B2 Music; Chinese Music Streaming Service To Release Billboard "Best Of Asia" Album Series
follow MusicDish on