Industry & Services >> CEO Interviews >> March 1, 2004

HOUMAN SALEM – SMGI

HOUMAN SALEM is the founder and managing director of SMGI, where he brings a significant breadth of experience working with start-up ventures and with multinational corporations. Prior to SMGI, Mr. Salem was a partner in a southern California-based management consulting firm, where he provided strategic management consulting and leadership to start-up and growth-stage companies across a variety of industries An experienced entrepreneur, Mr. Salem founded a groundbreaking online streaming music entertainment network in 1998, where he was instrumental in pioneering the (now ubiquitous) online "targeted" audio advertising business model. As the source of the company's vision, Mr. Salem developed value-added partnerships and alliances with leading technology, advertising, and recording companies, while building the company into one of the most popular destinations for online music worldwide. Among his milestones, Mr. Salem had secured expansion capital from Microsoft Windows Media' and received a product endorsement from recording artist Don Henley. Prior, Mr. Salem held a position in business development & strategic planning at the Universal Music Group, where he worked hands-on with the company's $10.4 billion acquisition and integration of media giant PolyGram. In this position, Mr. Salem had worked with top management and with the Boston Consulting Group in formulating and implementing corporate-level strategies within the company's "U.S. Label Integration" group. Additionally, he helped develop online product and marketing strategies within the company's "E- Commerce & Advanced Technologies" (now, eLabs) group. Mr. Salem also held positions at Columbia Records, working with Randy Jackson's ("American Idol") A&R team; and at A&M Records, where he was the liaison between the company, its recording artists (including Sting and Sheryl Crow) and national FM radio stations. Mr. Salem developed his sharp business skills while working under some of the most prominent figures in the music industry. In 1994, Mr. Salem began his career working with the media & artist relations group at EMI-Capitol Records. In this role, Mr. Salem conceptualized and helped implement national and international media campaigns for the company's franchise recording artists -- including The Beatles, The Beach Boys, Pink Floyd and Duran Duran. Mr. Salem holds an MBA from the Pepperdine University Graziadio School of Business & Management, as well as a Bachelors degree in History from California State University Northridge. Mr. Salem regularly lectures on the subjects of business start-up and investor funding strategies at business schools and is a volunteer youth mentor at the John Hopkins University & Goldman Sachs "Center for Talented Youth." Profile
TWST: Can we start off with an historical overview of SMGI?

Mr. Salem: I launched the Company in 2001 just as I had graduated with

my MBA from Pepperdine University. The way I got into