Execs on the Ascent ahead of spinoff

Malone will be new venture's controlling shareholder

By Carolyn Giardina
Ascent Media Group, a collection of companies offering postproduction and media services, is getting ready for its next chapter.

John Malone's Discovery Holding Co. is preparing to spin off wholly owned subsidiary AMG, along with Discovery Networks, into an independently traded company by early summer. Malone will be the new venture's controlling shareholder.

In advance of the spinoff, AMG has appointed Hewlett-Packard exec Tom Kuehle as senior vp digital services. He will head product and business development for AMG's Digital Services Group and spearhead corporate marketing and strategic development activities.

While at HP, Kuehle played a central role in the development of the company's digital strategy, including leading the creation of its Digital Media Platform business.

Kuehle will report to AMG CEO Jose Royo, who explained that AMG is being restructured around four business units, including Kuehle-headed digital services.

Robert Solomon, most recently president of creative services, is moving into a company-wide position as executive vp strategic development, responsible for growth initiatives including investments and acquisitions.

Instead of having one head of the creative services unit, three executives now will report to Royo. Leading colorist and president of Company 3 Stefan Sonnenfeld will lead efforts in feature film and commercial business, Bill Romeo will lead entertainment TV as senior vp and Richard Andrews will lead media services as senior vp.

When AMG is spun off, its audio post brands Todd-AO, Soundelux and POP Sound will remain behind with Discovery Holding.

Execs on the Ascent ahead of spinoff

Malone will be new venture's controlling shareholder

By Carolyn Giardina
Ascent Media Group, a collection of companies offering postproduction and media services, is getting ready for its next chapter.

John Malone's Discovery Holding Co. is preparing to spin off wholly owned subsidiary AMG, along with Discovery Networks, into an independently traded company by early summer. Malone will be the new venture's controlling shareholder.

In advance of the spinoff, AMG has appointed Hewlett-Packard exec Tom Kuehle as senior vp digital services. He will head product and business development for AMG's Digital Services Group and spearhead corporate marketing and strategic development activities.

While at HP, Kuehle played a central role in the development of the company's digital strategy, including leading the creation of its Digital Media Platform business.

Kuehle will report to AMG CEO Jose Royo, who explained that AMG is being restructured around four business units, including Kuehle-headed digital services.

Robert Solomon, most recently president of creative services, is moving into a company-wide position as executive vp strategic development, responsible for growth initiatives including investments and acquisitions.

Instead of having one head of the creative services unit, three executives now will report to Royo. Leading colorist and president of Company 3 Stefan Sonnenfeld will lead efforts in feature film and commercial business, Bill Romeo will lead entertainment TV as senior vp and Richard Andrews will lead media services as senior vp.

When AMG is spun off, its audio post brands Todd-AO, Soundelux and POP Sound will remain behind with Discovery Holding.

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DENVER -- New figures from NPD Group suggest that the Amazon DRM-free digital music service is doing more to grow the overall digital music market as opposed to simply stealing customers from iTunes.

The research group says only 10% of Amazon customers had previously bought music from Apple's iTunes service. While many tagged the Amazon service as an "iTunes killer" when it first launched, the music industry's hope all along was never to cannibalize iTunes sales but rather encourage new digital buyers. NPD's data suggest exactly that is happening.

"The fact that Amazon's early growth does not appear to be at the expense of Apple iTunes is a healthy indication that the digital music customer pool can expand into new consumer groups who have not yet joined the iTunes community," said NPD analyst Russ Crupnick in a statement.

NPD says Amazon is now second only to iTunes in the a la carte digital download category (for those keeping score). The company did not disclose how many users Amazon has attracted in total, however it did say iTunes volume is 10 times that of Amazon.

Some interesting demographic breakdown has emerged between the two services as well. NPD says 84% of Amazon customers are male, compared to 44% of iTunes, but only 3% of Amazon customers were teens, compared to iTunes' 18% (the latter attributed primarily to the popularity of iTunes gift cards.)

NPD says Amazon's growth is likely more due to existing Amazon customers adopting the new service rather than due its lower pricing or DRM-free policies.

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