The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Crowd Media (CM8) has appointed new members to its executive board
  • Crowd Media is an eCommerce tech company developing artificial intelligence to directly sell products and services to millennials
  • Matthew Blake and Scott Mison have been appointed Non-Executive Directors of the company, with Scott also taking the role of company secretary
  • Crowd Media is up 5.56 per cent, trading at 3.8 cents

Crowd Media (CM8) has appointed new members to its executive board.

Crowd Media is an eCommerce tech company developing artificial intelligence to help directly sell products and services to millennials.  The company aims to establish conversational commerce as the next frontier of influencer marketing.

Crowd’s platform will enable influencers to have one-on-one Facetime-like conversations with followers in real-time, represented by a visual replica of themselves.  The platform will be able to produce digital avatars at just a fraction of the time and expense of current concepts, and draws upon Crowd’s AI, 3D imaging, voice cloning and synthetic media algorithms.

Matthew Blake and Scott Mison will take on the roles of Non-Executive Directors of the company, with Scott also taking the role of company secretary.

Matthew Blake comes with 25 years’ experience in the financial services and stockbroking industry, having previously held the role of Executive Director of DJ Carmichael.

Meanwhile, Scott Mison has a background in corporate and operational activities, having previously held many director and company secretary roles with ASX- and LSE-listed companies, focussing on the mining and oil and gas sectors.

This announcement comes after the company licensed access to its Conversational Artificial Intelligence platform to its investee, Forever Holdings, last month for roughly $305,000.

Crowd Media is up 5.56 per cent on the back of this announcement, trading at 3.8 cents at 1:15 pm AEST.

CM8 by the numbers
More From The Market Online

ARN Media declares NPAT drop of -95% day after SXL takeover canned

One day after revealing Anchorage pulled out of the proposed ARN-Anchorage takeover of Southern Cross, ARN…

Country TV woes sink takeover deal between ARN and Southern Cross

Southern Cross Media Group (ASX:SXL) was down -6.35% in morning trades on Monday, similar to ARN…

Streamplay enters into Middle East market via UAE gateway

Gaming and tech provider Streamplay is set to formally enter the UAE market with the launch…