Power Launches New Home Entertainment Division

LONDON, January 8: Power has tapped Andy Schreiber, a former
executive at Playboy Entertainment Group, to head up its newly launched
home-entertainment division as senior VP.

Schreiber will relocate from Los Angeles to Power’s central
London headquarters to take up his new position at Power Home Entertainment. As
part of his remit, he will launch a Power Home Entertainment label in selected
markets and will sell to all territories worldwide.

Schreiber has more than 16 years experience in the
television industry. In 2001, he founded Forward Marketing International, an
independent consulting business specializing in both international film and
television sales and domestic DVD distribution, whose clients included Showtime
Networks, among others. Prior to this, Schreiber worked for Playboy
Entertainment Group, originally joining in 1991 as director of international
sales, and was promoted to division VP of marketing and operations in 1996.
After three years, he was appointed to run that department full-time.

Chris Philip, Power’s president of worldwide sales,
commented: “Andy offers both the experience and the vision necessary to oversee
the launch of a new Power brand in a rapidly evolving area of our business.”

—By Irene Lew