Today, ClearCoin is announcing the addition of Thomas Connolly to our Advisory Board. Tom brings a wealth of experience from the media and finance industry where he has served executive roles with Sony, Ernst & Young and TVRC. While he was the Global Leader of Media & Entertainment Transaction Services at Ernst & Young, Tom worked on some of the largest media and entertainment mergers and acquisitions in recent years. These deals include but are not limited to:
- Publicis Groupe’s $750 million digital advertising acquisition of Razor Fish
- Comcast’s $30 billion acquisition of NBCUniversal from General Electric and Vivendi
- Sony ATV’s $350 million acquisition of Famous Music Publishing from Viacom
- Dalian Wanda’s $3 billion acquisition of cinema operator AMC Entertainment
- Sale of EMI Music assets for a combined $4 billion to Sony and Universal Music
Tom had the following to say about joining the Advisory Board: “I learned about Jay Singh and ClearCoin one afternoon as I listened to a podcast by Angel Invest Boston. Jay was being interviewed and I was struck by the calmness and foresight Jay expressed in explaining the opportunity he and the ClearCoin team were addressing in building their advertising focused blockchain platform. The advertising world is clearly imperfect, and the effectiveness of marketing spend is often questioned. The mission of ClearCoin, to realize greater accountability and clarity in the world of marketers, publishers and advertising agencies through the use of the power of a decentralized blockchain, is truly needed. I am very pleased to be a part of this journey, offering my media and transactional experience to the successful endeavors that ClearCoin will undertake in the future. It is with great excitement that I join the team.”
Tom’s experience in the media and entertainment capital markets will be beneficial to our company’s future growth and success. His full biography is available below and on the team section of the website.
Tom possesses a rich and diverse background that includes corporate executive roles at Sony and TVRC, as well as Regional and Global roles as a Managing Partner and Global Industry Leader within EY. He has advised companies on some of the largest acquisitions and dispositions in the Media and Entertainment industry, including: Comcast, Citibank, Sony, Dalian Wanda, Disney, TimeWarner, and many others. Tom is a Certified Public Accountant and possesses a deep personal passion for the study of economic trends and evolving market dynamics. Within EY, Tom served as the Audit Partner on Time Warner, as the Regional Managing Partner of Transaction Advisory Services for the Northeastern United States, and as the Global Media and Entertainment Industry Transaction Leader. At Sony, Tom served as the Global Financial Controller and as the Worldwide Business Development Executive of Sony Music Entertainment, Inc., and for Sony Corp. as the Chief Financial Officer of Sony’s Internet Incubator, 550 Digital Media Ventures. At TVRC, Tom was the CEO of this interactive media healthcare enterprise. As a member of the Advisory Board of WNET, the PBS Broadcaster for the New York, New Jersey and Long Island markets, Tom served on the Audit and Finance Committees.
Tom has worked on several major M&A transactions including the following deals. Publicis Groupe’s $750 million digital advertising acquisition of Razor Fish, Comcast’s $30 billion acquisition of NBCUniversal from General Electric and Vivendi, Sony ATV’s $350 million acquisition of Famous Music Publishing from Viacom, Dalian Wanda’s $3 billion acquisition of cinema operator AMC Entertainment, and the Sale of EMI Music assets for a combined $4 billion to Sony and Universal Music. Tom served as the Chief Financial Officer for Sony’s $650 million startup incubator known as 550 Digital Media Ventures. The incubator invested in the entities that became Google Earth and MySpace. As the SVP Global Business Development at Sony, Tom developed a $30 million marketing campaign with Chrysler across multiple Sony divisions (Film, Music, and Electronics.) Tom received an MBA from Columbia University and a BS in Accounting from State University in Albany. Tom is a Registered Investment Advisor having passed the Uniform Investment Adviser Law Exam and the completion of his registration with the Securities & Exchange Commission and with the NYS Attorney Generals’ Office.