MUMBAI: Global sports, entertainment and media company IMG has announced that Tim Rothwell and Bruno Maglione have joined the company as executive VPs and Co-MDs of worldwide licensing and consumer products.
They will report to IMG Sports and Entertainment president George Pyne. They will leverage IMG's relationships and intellectual property assets to launch licensing programmes across the company's entertainment, media, fashion and sports businesses in the US and internationally.
Rothwell will be based out of Los Angeles, whereas Maglione will function from London.
IMG chairman and CEO Ted Forstmann says, "This is a very significant step in our strategy to develop our entertainment and media businesses, and more fully leverage our fashion and sports properties, as we continue building IMG's global sports, entertainment and media presence worldwide.
"With Tim and Bruno's energy, experience and talent, we believe there are unlimited opportunities for IMG, and we are delighted that they are joining the company to lead the licensing business around the world."
Pyne commented, "I know from experience that investing in licensing with world-class talent is an opportunity to exponentially accelerate the growth of all the brands IMG owns and represents around the world. Tim and Bruno have worked together for a number of years with great success, first at Universal Studios and then at Marvel Entertainment, where they launched some of the most significant, innovative, exciting and successful licensing programs for the leading entertainment brands in the world. Adding this accomplished team is a perfect fit with IMG's growth strategy."
Rothwell added, "Both Bruno and I see great promise in Ted Forstmann's vision for the Company. While we have built many brands and businesses together in the past, we are amazed by the breadth of properties and resources housed within IMG. We are already full of ideas for leveraging IMG's entertainment, media, fashion and sports assets in new and creative ways."
Maglione said, "We are very excited to be joining IMG during this key period of development. IMG's global presence in 60 offices in 30 countries and strong roster of relationships and brands are unique assets with which to work. Together with Ted's compelling new vision for the company, they offer outstanding growth potential."