For Release: September 28, 2005
Snyder Will Oversee Launch and Operations of Turner Broadcasting's Broadband Entertainment Network
Veteran entertainment industry executive and innovator Stuart Snyder will serve as general manager of GameTap, Turner Broadcasting System, Inc.'s (TBS, Inc.) first-of-its-kind broadband entertainment network, it was announced today by Dennis Quinn, executive vice president of business development for TBS, Inc. In his new role, Snyder will be in charge of the day-to-day management of the marketing, programming, development and distribution of GameTap, which launches to consumers in October.
"GameTap is an all-new entertainment experience built on what is also a new business model for our company, so the experience and qualities we looked for in a leader are both varied and highly specific," said Quinn. "Stuart's professional expertise in content creation, marketing and managing innovation is unusual in its breadth and distinction, and frankly ideal for the GameTap product and work environment. His vision, enthusiasm and demonstrated knowledge of how to build and run a successful business make him a terrific addition to the GameTap team and to Turner Broadcasting."
"GameTap represents a major new initiative for Turner Broadcasting, introducing to the world a bold and progressive entertainment programming platform. I am energized by this cutting edge concept and eager to once again bring to Turner my passion for growing successful companies. An impressive roster of talent has obviously been drawn to this project and I am proud and honored to have the opportunity to work with this creative GameTap team. With the formidable resources and support being allocated by Turner, we will be dedicated to establishing nothing less than the global benchmark for game play," said Snyder.
Most recently, Snyder served as president and CEO of Cinar Corporation, an animation, live-action and education production/distribution company based in Montreal, Canada. Under Snyder's leadership, the company instituted and completed a successful turnaround and sale process for its public shareholders. Snyder also co-founded Turnstile Entertainment in New York, which creates and produces family entertainment programming featuring popular brands, such as Clifford the Big Red Dog LIVE and the soon to be released DVD toddler series, Baby Road Trip. Snyder will continue to be a board member of Turnstile. Snyder had previously served as President and COO of WWF Entertainment, Inc., the world renowned television and sports entertainment franchise.
Mr. Snyder's professional entertainment career began at MGM/UA as head of the Non-Theatrical Division and later moved to its Home Entertainment Division. Mr. Snyder subsequently joined LIVE Home Video where he was part of the team that grew the company from $50 million in revenues to $400 million. After LIVE, Snyder built the hugely successful home entertainment division for Turner Broadcasting, which during his tenure distributed The Beatles Anthology Series, The Swan Princess, Ken Burns' Baseball, Gettysburg and PBS Home video, increasing revenues from $20 million to $350 million.
As president of USA Home Entertainment, Snyder was on the team that successfully marketed and released the critically acclaimed film, Being John Malkovich, and green lit the Academy Award-winning® film Traffic. Earlier, he was President and COO of Feld Entertainment, the world's largest producer of live family entertainment, featuring Ringling Bros. and Barnum & Bailey and Disney on Ice.
Snyder will be based in Atlanta and will report to Quinn.
GameTap, a TBS, Inc. entertainment network, provides subscribers an "all-you-can-play" gaming service on their PC's via broadband connection. To access GameTap, players securely download and install Turner-developed client software from www.gametap.com, the gateway to the GameTap vault. Because games reside securely on the PC, they act just as if they do on the console or at the arcade. GameTap supports navigation and game play using keyboard and mouse, as well as most USB peripherals.
Turner Broadcasting System, Inc., a Time Warner company, is a major producer of news and entertainment product around the world and the leading provider of programming for the basic cable industry.