NewsStand Becomes LibreDigital - Names Russell P. Reeder as New President & CEO
AUSTIN, Texas - September 19, 2008 - LibreDigital, Inc., the leading provider of digital solutions for publishers, today announced the company has changed its name to LibreDigital, to reflect its expanding set of product solutions to a broader set of publishers. The NewsStand brand will continue to serve as the name of its eEdition services for magazine and newspaper publishers.
The company also announced the appointment of Russell P. Reeder to the position of President and Chief Executive Officer. Mr. Reeder brings more than 14 years of senior management, corporate development, digital entertainment rights and strategy experience to LibreDigital, where he will lead expansion efforts for the company's interactive digital publishing solutions. In addition to being named President and CEO, Mr. Reeder will also serve on the company's Board of Directors.
"We're honored to have someone with Russell's experience agree to lead the LibreDigital management team," said Martin Neath, chairman of LibreDigital. "His visionary ideas and acumen in the global media industry will prove invaluable as we grow the company to keep pace with demand for technology solutions to help publishers reach new digital audiences."
Serving most of the world's largest media companies, LibreDigital is helping publishers choose digital strategies that serve as a cornerstone of how they attract and retain readers - both on and off-line. As the new President & CEO of LibreDigital, Mr. Reeder will guide product development and organizational expansion efforts for the company and its next-generation digital publishing technologies.
Most recently, Mr. Reeder served as president and COO of NxTV, where he helped grow the company into a leader in the video-on-demand industry. Before joining NxTV, Reeder founded RightsLine, Inc. a top developer of business rights management software used by leading media companies to manage intellectual property rights. Previously, Reeder spent more than 12 years in information technology sales and software development roles "The opportunities for print publishers to reach digital audiences rival those of the largest music and movie entertainment companies," said Russell P. Reeder. "Our goal at LibreDigital is to advance and refine our market-leading technologies to successfully guide the world's largest newspaper, publishing and media companies into the digital age."