IDT Media Names Programming Director for WMET 1150 AM
Broadcast Pro Bob Dane Will Develop New Programs
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Newark, NJ, July 28, 2003 – IDT Media today announced that broadcast executive Bob Dane has been named programming director of WMET Radio. WMET 1150 AM Washington, D.C., is part of IDT Media, a subsidiary of IDT Corporation (NYSE: IDT, IDT.C), a multinational carrier, telephone and technology company.
“At the heart of every successful Owned and Operated radio station group is talented management that knows how to program and build audiences. IDT Media’s Owned and Operated Stations Group is no different,” said Jim Courter, IDT’s CEO. “Bob Dane’s programming expertise will play an important role in the growth of WMET and our Owned and Operated Stations Group.”
In March of 2003, IDT Media announced the formation of its Owned and Operated Stations Group. Broadcast manager Jim Weiskopf was named President of the newly formed division. Mr. Weiskopf’s career in radio spans 19 years. He was most recently the General Manager of Clear Channel’s three Washington AM stations – Sports Talk 980/WTEM, Talker WTNT AM 570 and Money Talk WRC AM 1260.
Bob Dane has eighteen years of radio experience including five years as Senior Director of Affiliate Relations for Westwood One Entertainment/CBS Radio Networks. While President of ProStar Entertainment, he launched and produced the successful weekend “Movie Show on Radio,” which was recently added to the weekend lineup of Talk America Radio Networks.
“Respected throughout the talk radio industry, Bob Dane has a proven track record for adding affiliates and listeners to talk radio shows like Larry King and G. Gordon Liddy,” said Jim Weiskopf, President of IDT Media’s Owned and Operated Stations Group. “Bob’s mission with WMET is not only to build audience and revenue, but to develop intelligent and entertaining programming that will be made available to new stations.”
IDT Corporation, through its IDT Telecom, Inc. subsidiary, is a facilities-based, multinational carrier that provides a broad range of telecommunications services to its retail and wholesale customers worldwide. IDT Telecom, by means of its own national telecommunications backbone and fiber optic network infrastructure, provides its customers with integrated and competitively priced international and domestic long distance telephony and prepaid calling cards. IDT and Liberty Media Corporation own 95% and 5% of IDT Telecom, respectively. Liberty Media Corporation also owns a 5.6% stake in IDT Media. IDT Media, Inc. is the IDT subsidiary principally responsible for the Company's initiatives in media, new video technologies and print media. Winstar Holdings, LLC is the IDT subsidiary through which we provide broadband and telephony services to commercial and governmental customers through a fixed-wireless and fiber infrastructure. In December 2002, we announced that the services offered by Winstar would begin to be offered under the name “IDT Solutions.” Net2Phone, Inc., which we reconsolidated effective August 1, 2002, is a leading provider of high-quality global retail Voice over IP services, either directly or via a partner.
IDT Corporation common shares trade on the New York Stock Exchange under the ticker symbols IDT and IDT.C.
In this press release, all statements that are not purely about historical facts, including, but not limited to, those in which we use the words "believe," "anticipate," "expect," "plan," "intend," "estimate, "target" and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors, including, but not limited to, those described in our most recent report on SEC Form 10-K (under the heading "Management’s Discussion and Analysis of Financial Condition and Results of Operations"), which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. These factors include, but are not limited to, the following: potential declines in prices for our products and services; our ability to maintain and grow our retail telecommunications services, particularly our prepaid calling card business; availability of termination capacity; financial stability of our customers; our ability to maintain carrier agreements with foreign carriers; effectiveness of our marketing and distribution efforts; increased competition, particularly from regional bell operating companies; our ability to manage our growth; competitiveness of our Winstar subsidiary; impact of government regulation; our ability to obtain telecommunications products or services required for our products and services; and general economic conditions, particularly in the telecommunications markets. We are under no obligation, and expressly disclaim any obligation, to update the forward-looking statements in this press release, whether as a result of new information, future events or otherwise.
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Jul 28, 2003 |
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