San Francisco, May 17, 2012 – It was announced today that music and media executive Jay Boberg has been named Chairman of the Board of Isolation Network, the parent company of INgrooves Fontana and INscribe Digital, a leading provider of distribution, marketing and promotion services to the global music and book publishing communities via its proprietary ONE Digital Platform. Mr. Boberg replaces Vincent Freda who served as Chairman of the Board since 2008. Mr. Freda was recently named Chief Operating Officer of Isolation Network.
Mr. Boberg has served on Isolation Network’s board since 2010, when Shamrock Capital Growth Fund II made a significant investment in the company. In addition to working as a close advisor to Isolation Network Founder and CEO, Robb McDaniels, Mr. Boberg played an integral role in the company’s recent acquisition of Fontana Distribution from Universal Music Group.
“Jay’s comprehensive knowledge of an array of entertainment businesses, earned over nearly 35 years in leadership positions in the industry, has made him a very valuable counsel to me and our entire executive team these past two years,” said Mr. McDaniels. “As we enter the next phase of our growth at Isolation Network, Jay’s guidance will become even more crucial to our long term success.”
Since 1979, when at the age of 20 he co-founded one of the most prominent independent music labels of the 1980s, I.R.S. Records, Jay Boberg has created significant value for each of the companies he has led. Driven by such signings as R.E.M., Oingo Boingo, the Go-Gos, English Beat and Fine Young Cannibals, I.R.S. attained more than $500 million global sales before being acquired by Thorn/EMI in 1993.
In 1994, Mr. Boberg left the indie world to serve as President of MCA Music Publishing, where he reshaped and re-staffed the company, achieving immediate success with Alanis Morissette. Eighteen months later he was appointed President of MCA Records where he presided for nearly 10 years, signing and developing artists as diverse as Blink 182, New Radicals, Sublime, The Roots, Mary J. Blige, Sigur Rós, Shaggy and Drive Thru Records.
Mr. Boberg then established Liberation Entertainment in 2005, an independent film and television company which achieved many global successes including the animated television series, “Wolverine,” and TOKYO, a highly praised film by director Michel Gondry.
“Robb McDaniels and his team have built an extraordinary company from scratch through a combination of maverick vision, technological innovation and a commitment to providing value and extraordinary service for their artists, labels and book publishers,” said Mr. Boberg. “The Fontana purchase represents just the beginning of an aggressive set of initiatives to transform INgrooves and INscribe into global market leaders. I am very pleased to be on Robb’s team.”
Additional changes to the Isolation Network Board of Directors include the departure of Peter Morrissey and the addition of Christine H. Park, a Vice President at Shamrock Capital Advisors.