CEO out as JumpTV and NeuLion execute definitive agreement on merger

TORONTO – Internet TV streamer JumpTV Inc. announced Friday that Jordon Banks will cease acting as CEO and that it has executed a definitive agreement with NeuLion in respect to their previously announced merger. As a result, Banks did not stand for re-election as a director of the company at Friday’s Annual and Special General Meeting. “We are grateful to Jordan Banks for his strategic vision and unwavering dedication to JumpTV and all of its stakeholders for the past eight months,” said G. Scott Paterson, executive chairman of JumpTV. “Jordan has played a critical role in JumpTV’s evolution. We wish...