Cheaterville, Inc., a Las Vegas online social media startup company that provides information about cheaters, announced that Michael Carr was elected to Cheaterville's board of directors.
Prior to joining Cheaterville, Carr was President and COO of Greenspun Media Group, where he oversaw all operations of the $100+ million publishing organization. The company publishes more than 20 national magazines and newspapers. Under Michael's leadership, the company's revenues grew from $20 million to over $100 million in under 5 years. As revenues grew over this five year period, EBITDA also increased by more than 300 percent. Carr also led the profitable launch of VEGAS magazine. Prior to Greenspun media, Michael was President of Playboy Publishing. At Playboy, Carr increased net per page advertising revenue over 10 percent per year for two consecutive years during a time of industry decline. He also took Playboy subscriptions to its highest level in more than a decade. He led all worldwide publishing efforts and Playboy realized a 15 percent increase in ad revenues. Playboy's stock price rose more than 300 percent during his tenure. Prior to joining Playboy, Carr served as President and CEO of Wieder Publications, where he led the company to a 600 percent increase over nine years, expanding such publications as: Shape, Muscle & Fitness, Men's Fitness and Flex. The company was ultimately sold to American Media for $450 million in 2000. He was named as one of the 40 most influential Media executives by Folio in 2008.
"We are thrilled to have such a seasoned veteran join our board of directors," said Cheaterville's founder and CEO James McGibney. "He is a highly-respected and seasoned media executive with a wealth of Internet expertise and a strong track record running and advising successful high growth companies. His insights and counsel will be invaluable as we continue our next phase of growth."
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