1. 05/02/2009 Founder Arthur quits Streetbroadcas…
Maisie McCabe, mediaweek.co.uk, 03 February 2009, 3:20pm
Founder Arthur quits Streetbroadcast
LONDON - Lee Arthur, chief executive and founder of outdoor media owner
Streetbroadcast, has left the company and sold his shares in the business.
His duties will be absorbed into the remaining three-strong management team - Mungo Knott,
managing director of ad sales, Nick Crow, finance director, and Noel Lindsel, development
director.
Arthur said the decision to leave was made a year ago, before the economic downturn. "Over the
past year, I have been sorting out a restructure. Streetbroadcast has a strong management team
that will be able to do its job without me getting in the way. It's unfortunate the recession has hit
now, but I want to be doing other things.
He plans to take the next year off to "play golf" and holiday in France and will then begin to look
at other projects, including "flying cars".
As part of the restructure, Streetbroadcast has shed 15 members of staff over the last year,
including one salesperson who took voluntary redundancy. Nineteen people now work for the
company.
In December, Streetbroadcast and Avanti Screenmedia struck a deal to sell their sites in a new
national integrated network, Digital Life. The companies' sales teams did not merge and they
work under the direction of Avanti Screenmedia's sales director Jamie Ball and Streetbroadcast's
Knott.
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