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Last $0.44 USD
Change Today +0.04 / 10.00%
Volume 149.1K
As of 8:10 PM 10/5/15 All times are local (Market data is delayed by at least 15 minutes).

studio one media inc (SOMD) Snapshot

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52 Week High
11/20/14 - $0.95
52 Week Low
10/5/15 - $0.35
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Current Stock Chart for STUDIO ONE MEDIA INC (SOMD)

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studio one media inc (SOMD) Details

Studio One Media, Inc. operates as a diversified media and technology company in the United States. It develops and commercializes proprietary audio and video technologies for professional and consumer use. The company offers AfterMaster HD Audio, a mastering, remastering, and audio processing technology that makes music and other audio files sound louder, fuller, and clearer; ProMaster HD, an online music mastering, streaming, and storage service designed for independent artists; and MyStudio HD Recording Studio, a HD recording studio to create an audio/video recording. It also owns and rents mobile MyStudio recording studio to third party companies. The company is based in Hollywood, California.

10 Employees
Last Reported Date: 09/28/15

studio one media inc (SOMD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $243.5K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $80.0K
Senior Vice President of Audio Engineering
Total Annual Compensation: $88.2K
Vice President of Video Production & Engineer...
Total Annual Compensation: $4.5K
Compensation as of Fiscal Year 2015.

studio one media inc (SOMD) Key Developments

Studio One Media, Inc. Announces Board Changes

On September 23, 2015, Lawrence Ryckman resigned as interim Chairman of the Board of Directors of Studio One Media, Inc. only. Mr. Ryckman became interim Chairman on August 28, 2015, and upon his resignation from that position, Mr. Ryckman remains President, CEO, and a member of the Board of Directors of the Company. On September 23, 2015, the Company's Board of Directors of the Company appointed Robert Kite as a member of the Company's Board of Directors to fill a vacancy on the Board. Mr. Kite was also appointed Chairman of the Board of Directors.

Studio One Media, Inc. Announces Management Changes

On August 28, 2015, Frank Perrotti resigned as Chairman and Director of Studio One Media, Inc, Preston Shea resigned as President, Secretary and Director of the company, and Barry Goldwater resigned as Director of the company, all to pursue other business opportunities. Mr. Perrotti will serve on the company's Advisory Board. Also on August 28, 2015, the company's Board of Directors appointed Lawrence Ryckman as President, Chief Executive Officer (CEO), Interim Chairman and Director of the company. Mr. Ryckman was appointed as a Director to fill one of the vacancies left by the Director resignations and Mirella Chavez was appointed as Treasurer and Secretary of the company. Lawrence (Larry) Ryckman with extensive experience in the music, audio and entertainment industries. Mr. Ryckman has served as President and CEO of both subsidiaries AfterMaster Audio Labs, Inc. and MyStudio, Inc. since their inception in 2009 and 2004 respectively. Mirella Chavez has been Chief Financial Officer (CFO) of the Company since April 16, 2013. Prior to her appointment as CFO, Ms. Chavez was the company's Chief Accountant since October 1, 2006.

Studio One Media, Inc. Announces Board Changes

The Board of Directors of Studio One Media, Inc. received written notice of the resignation, effective July 28, 2015, of Kenneth R. Pinckard from his position on the Board and as the Vice President and General Counsel of the company, including all Board committees and positions with the company's subsidiaries. On July 27, 2015, the Board appointed David L. Reynolds to fill the vacancy. Mr. Reynolds is a Partner in the Assurance Services division of MARCUM LLP.


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Price/Sales 119.0x
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TEV/Sales 101.9x

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