Robert E. Bostrom
Robert E. Bostrom, who has extensive experience as an influential lawyer for corporations and government-related agencies, has been named to the board of directors at NeuLion.
Bostrom is senior vice president, general counsel and corporate secretary of Abercrombie & Fitch. Over 30 years, he has advised boards of directors on compliance, corporate governance, crisis management, and enterprise risk management.
Recently, Bostrom was co-chairman of the Financial Regulatory and Compliance Group at Greenberg Traurig. At SNR Denton, he was co-head of the Global Financial Institutions and Funds Sector. Earlier, he was executive vice president, general counsel and corporate secretary of Freddie Mac, where he was recognized for his professional accomplishments. Before that, Bostrom was a partner at Winston & Strawn, where he was managing partner of the New York office and head of its financial institutions practice. And still earlier, Bostrom was executive vice president of Legal, Regulatory and Compliance and General Counsel of National Westminster Bancorp (NatWest).
Also, he has been on the board of directors at NatWest Bank (Delaware) and Coutts International.
NeuLion, a provider of live and on-demand content to Internet-connected devices, said Bostrom’s term as a director started on August 6.
In addition, with his appointment, the size of NeuLion’s board increases to nine members.
“Bob Bostrom’s extensive experience as the general counsel of public companies as well as his corporate governance and compliance expertise will add significant value to NeuLion’s Board of Directors,” Nancy Li, CEO of NeuLion, said in a statement. “We welcome Bob to NeuLion’s Board and look forward to his contributions.”
NeuLion’s products and services let content owners, distributors, cable operators and telecom companies take advantage of increasing demand for video content on PCs, smartphones, iPads and other devices. NeuLion’s customers include content, entertainment, news and sports-related companies.
In the recently concluded Q2, revenue at the company jumped 21.8 percent to $13.4 million versus $11 million seen in Q2 of 2013. In addition, consolidated net income at the company was reported to be $600,000 in Q2 versus a consolidated net loss of $1.3 million in Q2 of 2013.
It was noteworthy how the company delivered the 2014 FIFA World Cup coverage for Univision Deportes via interactive digital on multiple devices. There were 10 million unique viewers and 73 million live video streams. The company also streamed the 2014 FIFA World Cup for CNTV in China. And the company launched hybrid TV Everywhere with the Tennis Channel, for live and on-demand tennis coverage.