Dial Global Names Paul Caine CEO

  Dial Global Names Paul Caine CEO

Media heavyweight leaves Time Inc. Chief Revenue Officer post to lead
expansion of audio as a marketing medium.

Move underscores Dial Global’s commitment to deliver cross-platform marketing
solutions for national advertisers.

Business Wire

NEW YORK -- March 19, 2013

Dial Global, Inc. (OTC Pink: DIAL), the nation's foremost independent
syndicator of audio content – supplying more than 8,500 radio stations and
other distribution platforms that combine to reach more than 225 million
listeners each week – announced today that Paul Caine will become its Chief
Executive Officer and a member of the Company's Board of Directors, effective
April 5.

Paul Caine, new CEO of Dial Global, Inc. (Photo: Business Wire)

Paul Caine, new CEO of Dial Global, Inc. (Photo: Business Wire)

Caine joins to create a new opportunity for Dial Global to expand the
marketing and monetization of audio, starting with the Company’s lineup of
premier sports, entertainment and news content that includes the NFL primetime
games (including the Playoffs and Super Bowl), the NCAA Men’s Basketball
Tournament, CBS Radio News, NBC News Radio, the NBC Sports Radio Network, and
the Grammys. As mobile platforms continue to multiply the occasions for
listening, the demand for premium digital audio content is growing fast. This
represents a substantial, undeveloped opportunity for content providers,
distribution partners and marketers alike.

“Dial Global will propel the growth of audio as the essential medium for the
mobile experience,” said Caine. “We have premium content, top-tier
distribution, and prestigious live event assets. Our opportunity is to expand
these experiences for consumers, broaden our repertoire of content partners,
and integrate our on-air, digital and live event offerings to create
compelling engagement for advertisers.”

Caine has the experience, relationships and credibility to expand Dial
Global’s capabilities on both the content and marketing fronts. Over the past
23 years at Time Inc., he has led the development of digital formats for some
of the world’s most storied media brands. He has also created and sold highly
successful multi-platform programs for many blue-chip advertisers such as
Procter & Gamble, Toyota and CBS.

“The audio medium is ripe for expansion across the ever-increasing number of
platforms that consumers use,” said Neal Schore, Chairman of Dial Global.
“Paul has the vision and experience to build audio assets into high engagement
opportunities that connect marketers with consumers everywhere and on every
listening platform.”

Part of Caine’s focus will be on activating live event sponsorships in person
as well as online. Within the audio medium, Dial Global maintains exclusive
rights to distribute for broadcast such prominent live events as the Grammys,
the NFL primetime games (including the Playoffs and Super Bowl), and the NCAA
Men’s Basketball Tournament. “This is the perfect opportunity to build on the
work I’ve done for the last 23 years with some of the most beloved media
brands,” said Caine, who ran Time Inc.’s Style & Entertainment Group (PEOPLE,
InStyle, Entertainment Weekly, ESSENCE, People en Español and People
StyleWatch) before becoming Chief Revenue Officer and Group President of the
company’s Advertising Group.

Caine’s appointment coincides with the resignation of Dial Global’s existing
CEO, Spencer Brown, and President, Ken Williams, all of which will be
effective April 5. Both executives intend to work with Caine to facilitate a
smooth transition and will also remain shareholders of the Company. “Along
with our former partner David Landau, Ken and I have taken Dial Global a long
way,” said Brown. “Now the Company needs a chief executive with a different
skill set to steer it through its next phase of growth. We believe Paul is
uniquely well-qualified to do just that.”

“On behalf of Dial Global’s Board of Directors, I want to thank Spencer and
Ken for their significant contributions to the business,” said Schore. “They
have built a powerful platform that has delivered meaningful value over the
years to Dial Global’s advertisers, radio stations and content partners.”

About Dial Global, Inc.

Dial Global, Inc. (OTC Pink: DIAL) is the nation's leading independent
provider of audio content to radio stations and audio activation solutions to
marketing partners. The Company delivers a broad portfolio of engaging audio
content, including some of the most recognized brands in sports,
entertainment, news and news/talk, to more than 8,500 radio stations and other
distribution partners that combine to reach more than 225 million consumers
each week. The Company also packages its on-air, digital and live event assets
into integratedmarketing programs for advertisers.

Note to Investors

This press release may contain certain forward-looking statements based on our
current expectations, forecasts and assumptions that involve risks and
uncertainties. This release does not constitute an offer to sell or a
solicitation of offers to buy any securities of the Company. Forward-looking
statements in this release are based on information available to us as of the
date hereof. Our actual results may differ materially from those stated or
implied in such forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors disclosed in our
Form 10-Q filed on November 15, 2012 and in our Form 10-K filed on March 30,
2012. Forward-looking statements include statements regarding our
expectations, beliefs, intentions or strategies regarding the future and can
be identified by forward-looking words such as "anticipate,” “believe,"
"could," "estimate," "expect," "intend," "may," "should," and "would" or
similar words. We assume no obligation to update the information included in
this press release, whether as a result of new information, future events or
otherwise.

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Contact:

Fred Pfaff Inc.
Fred Pfaff, 212-572-8353
fred@fredpfaffinc.com
 
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