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NEW YORK, NY -- (Marketwire) -- 07/27/09 -- Zeeshan Zaidi, formerly of SONY BMG, RCA Music Group and Arista Records, joins Lime Wire as Head of Global, a newly created position, it was announced today by Lime Wire CEO George Searle. Zaidi comes to Lime Wire from NABBR, where he has been Chief Operating Officer and Head of Business Development for the online media startup that distributes premium entertainment content and brand advertising to a Gen Y audience. He will be responsible for developing and executing a global strategy for Lime Wire. Zaidi will report to George Searle, Lime Wire CEO.
Prior to joining NABBR, Zaidi was Vice President of New Ventures for SONY BMG Global Digital Business Group. There, he was charged with developing and launching new businesses and developed revenue streams using subscription, retail, and advertising models, leveraging the assets of all of Sony BMG's U.S. labels as well as catalog inventory.
He was Vice President, Digital Business Operations for RCA MUSIC GROUP prior to joining SONY BMG Global Digital Business Group. He oversaw the digital business of the RCA Music Group (RMG), which included RCA Records, Arista Records, J Records and RCA Victor. In this position, Zaidi was responsible for the commercial exploitation of RMG's frontline and catalogue content in all digital formats, including digital downloads, streaming subscriptions, mobile formats, video-on-demand, and online radio.
Prior to RCA Music Group, Zaidi was Senior Director, Marketing for ARISTA RECORDS (BMG). In this position, he was responsible for all New Media Marketing and Partnership Marketing for Arista artists including: Avril Lavigne, Usher, Santana, OutKast, Pink, Sarah McLachlan, Whitney Houston and many others. Prior to that, he was Director of Mergers and Acquisitions and Corporate Development for Bertelsmann from October 2000 to April 2002.
Zaidi graduated magna cum laude, Phi Beta Kappa with an A.B. in Economics from Harvard University in 1996. He received his Masters of Business Administration with honors from Harvard Business School and a law degree cum laude from Harvard Law School in 2000.
About Lime Wire LLC
Founded in 2000 by Chairman Mark Gorton, Lime Wire LLC (http://www.limewire.com) is an innovative leader in peer-to-peer software development. Its signature product, LimeWire, runs on the decentralized Gnutella and BitTorrent networks. The world's most popular peer-to-peer file sharing application, LimeWire boasts over 70 million unique monthly users and approximately 5 million active users at any given moment. It is reported that up to 18% of the computers worldwide have LimeWire on their computer. In addition to the LimeWire file-sharing program, Lime Wire LLC introduced the LimeWire Store in 2008. LimeWire Store sells high quality DRM-free MP3 downloads a la carte and through low-cost subscription plans. Its digital music offering has grown to include more than 3.5 million recordings by today's top indie artists and music legends. Lime Wire LLC is committed to providing participating artists and labels unique promotional opportunities with exclusive releases, targeted marketing, and events. The Lime Wire team enjoys a dynamic work environment at company headquarters in New York City.
