Market Overview

Salon Media Group Announces Appointment of Jordan Hoffner as new CEO


NEW YORK, May 24, 2016 (GLOBE NEWSWIRE) -- Salon Media Group, Inc. (OTCQB: SLNM) announced yesterday a change in its Chief Executive Officer.

Effective as of May 23, 2016, Jordan Hoffner, 46, was appointed Chief Executive Officer.  Mr. Hoffner is a 25-year media industry veteran and pioneer in digital media who was most recently Chief Executive Officer of Federated Media, a subsidiary of Media General (NYSE: MEG).  Prior to joining Federated Media in 2014, Mr. Hoffner was President, Digital, of entertainment content studio Electus LLC, a subsidiary of IAC Corp (Nasdaq: IAC).  Prior to Electus, from 2006 – 2009, Mr. Hoffner was Director, Partnerships at YouTube, a subsidiary of Google.  Prior to Youtube, Mr. Hoffner worked at NBC in various capacities including writer, producer, business development executive and general manager from 1994 – 2006.

"We offer Jordan a warm welcome," said Salon board member, William Hambrecht.  "Jordan brings years of deep experience in the media and digital media worlds, and we are excited to be working with him."

About Salon Media Group

Salon Media Group (OTCQB: SLNM) operates the pioneering, award-winning news site, covers breaking news, politics, culture, technology and entertainment through investigative reporting, fearless commentary and criticism, provocative personal essays, and original editorial video. Salon has been a leader in online media since the dawn of the digital age and has bureaus in San Francisco and New York City.

MEDIA RELATIONS CONTACT: Lindsay Krasnoff Communications Director 132 West 31st Street New York, NY 10001 (646) 400-5626
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