Audio Network Australia Becomes a 100% Audio Network Group Company

Audio Network Australia Becomes a 100% Audio Network Group Company

SYDNEY, July 1, 2014 /PRNewswire/ --



- Founder Linda Tizard sells 49% shareholding in Audio Network Australia to


Audio Network Group -



Audio Network, the international music company specialising in music for film,
television and video, today announced the acquisition of a 49% shareholding in Audio
Network Australia Pty Ltd from co-founder Linda Tizard, enabling the Australian subsidiary
to become a fully integrated part of the Audio Network Group. The acquisition demonstrates
the Group's continuing determination to expand globally and develop its vision whilst
retaining the innovative and creative force behind the group's success.



(Logo:
http://photos.prnewswire.com/prnh/20120917/562536 )




Charles Cutbill, currently Head of Sales, will assume the position of Sales Director,
whilst Jess Ossington, Head of Creative Services, will take on the role of Operations
Director.



Linda Tizard set up Audio Network Australia Pty Ltd as a joint venture with the
UK-based parent company in 2008. Prior to that, she was Head of Development and Investment
at the then NSW Films and Television Office (now Screen NSW).



Linda Tizard commented, "Six years ago, the opportunity to establish Audio Network
Australia proved irresistible and I'm extremely proud of what we have achieved in that
time. Having established a great team, the time has come to hand over the management of
the company to Charlie and Jess, who I have no doubt will take it from strength to
strength."



Robert Hurst, CEO and Co-founder of Audio Network Group, said, "Linda has done an
amazing job, successfully establishing the Audio Network brand in both the Australian and
New Zealand markets over a period that has seen our music catalogue grow from 18,000 to
well over 75,000 tracks. The well-deserved promotions of Charlie and Jess reflect the
contribution that they have both made to the success of Audio Network Australia to date
and the impact that they will have in their new roles. This is an exciting phase of
international growth for the business and I'm delighted to welcome them to the management
team."



In addition to supplying original scoring, audio branding, sound design services and
working as creative partners alongside over 500 renowned composers, Audio Network now has
interests and operations in multiple territories worldwide.



Listed as one of the UK's fastest growing companies in the Sunday Times Tech Track
100; 2011, 2012 and 2013 and the Sunday Times Profit Track 100 in 2013 and 2014, Audio
Network has also received the Queen's Award for Enterprise for both Innovation
(Technology), 2008 and International Trade, 2012.



About Audio Network:



With a catalogue of well over 75,000 original music tracks, Audio Network offers a
complete music solution by cutting through the traditionally complex and costly processes
of licensing music. All high quality tracks are pre-cleared for multiple formats, for the
world, forever through their website at http://www.audionetwork.com



This approach allows producers to make content for international distribution,
emerging platforms and new media without the need to go through the complicated and
expensive process of clearing individual tracks or re-versioning productions. The company
supplies music to some major international media clients, including BBC, HBO, MSN, MTV
Networks, National Geographic, Ogilvy, and Endemol.



Audio Network owns the rights to their extensive catalogue which covers a full range
of music styles from large scale orchestral to hip hop and from country to rock. This high
quality music is created by its team of established international composers and recorded
by major orchestras and artistes including The Royal Philharmonic Orchestra, Dame Evelyn
Glennie OBE and the late Sir John Dankworth CBE.



The company has grown its composer team, music catalogue and revenue from its music
services every year since its incorporation in 2001 at an average Compound Annual Growth
Rate (CAGR) in excess of 40% per annum.



About Linda Tizard



Linda has a background in film and television production including work as Manager of
Business Affairs at Beyond International, as General Manager of South Pacific Pictures, as
a consultant to creative businesses through The Broad Picture and as Head of Development
and Investment at the NSW Films and Television Office (now Screen NSW).






Photo:
http://photos.prnewswire.com/prnh/20120917/562536


Photo:http://photos.prnewswire.com/prnh/20120917/562536
http://photoarchive.ap.org/
Audio Network

CONTACT: For Further Information Please Contact: Bubble & Squeak, Dawn Bochenski (UK): E: Dawn@BubbleSqueak.co.uk Tel: +44(0)1442-200-970 / +44(0)7887-627-764; Denise Williams (US): E: denise@bubblesqueak.co.uk Tel: +1-503-806-0755


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