Brent Hoberman has resigned as a Director of Shazam Entertainment Ltd after three years on the firm’s board.
Hoberman is an internet entrepreneur who, with Martha Lane Fox, founded one of the biggest dot-com success stories, online travel portal LastMinute.com, in 1998.
He joined Shazam as a Director in December 2012 but, MBW has discovered, parted ways with the UK company on December 31 last year.
Shazam, a company registered in the UK, has lost £25m in the past three years, but has a user base in excess of 120m people.
The firm is currently experimenting with the exclusive distribution of certain releases.
It was owed $1.2m by Rdio, which filed for bankruptcy protection in November last year.
Shazam Entertainment Ltd has nine remaining officers following Hoberman’s exit:
- Bridget Kerle (Secretary)
- Christopher Barton (Director)
- Andrew Fisher (Director & Chairman)
- Robert Krolik (Director & CFO)
- Nenad Marovac (Director)
- Matthew Murphy (Director)
- Rich Riley (Director & CEO)
- John Sykes (Director)
- Lauren Zalaznick (Director)
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