Hollywood Media Corp. announced that as part of the strategic transformation, all officers and Directors of HMC have resigned from their roles at the Company, with the exception of Mitchell Rubenstein who has stepped down as Chairman but will remain as a Director. In addition, Mr. Rubenstein will continue to oversee the monetization of the Netco Partners asset. Jan Loeb, President of Leap Tide Capital Management, was responsible for structuring and financing the transactions and has been named Chairman of the HMC Board of Directors, in addition to Eric Richman, David Seltzer, Jerry Wolasky and Tracy Clifford who have been named to the HMC Board. Mr. Loeb has also been named to the Board of NewStem Ltd. Jan Loeb - Chairman - Mr. Loeb has more than 35 years of business, money management and investment banking experience. He has been the Managing Member of Leap Tide Capital Management LLC since 2007 and has served as President and CEO of Acorn Energy Inc. since January 2016 and as a Director since August 2015. He has been a Director of Keweenaw Land Association Ltd. since December 2016.