Jeff Annison Explained

Jeff Annison
Nationality:American
Education:BS Mechanical Engineering
Alma Mater:University of California, Los Angeles
Occupation:Co-Founder and President of Legion MCo-Founder of MobiTV
Awards:Emmy for Technical Achievement in Advancing Television (2005)

Jeff Annison is an American businessperson, and co-founder and president of Legion M, the world's first fan-owned entertainment company.[1] Annison is also the co-founder and CEO of New York Rock Exchange, co-founder and CEO of Underground Labs, and co-founder of MobiTV.[2] [3]

Education and early career

Annison received his Bachelor of Science in Mechanical Engineering from the University of California, Los Angeles and began his career designing special effects for theme park rides at Universal Studios, and later designing toys for Hasbro.[4]

Legion M

Annison, along with business partner and MobiTV co-founder Paul Scanlan, founded Legion M in 2016 as the first entertainment studio allowing fans to invest in the creation of movies, TV shows, and other entertainment content.[5] [6] Legion M's model was made possible after the SEC passed Title IV of the JOBS Act, which allowed non-accredited investors to make investments in small businesses.[7] Legion M is currently backed by Seth Green, co-creator of the Emmy-winning TV series Robot Chicken, and Gaston Dominguez of Meltdown Entertainment.[8]

New York Rock Exchange

In 2013, Annison, along with business partners Joe Krause and Eric Lam, founded New York Rock Exchange, the first marketplace that allows fans to purchase shares of individual songs. Three years later, the company went out of business.[9] [10]

MobiTV

Annison partnered with Paul Scanlan and Phillip Alvelda to found MobiTV (originally known as Idetic) in 1999.[11] Annison's first role was engineering and product management. The company was founded in order to deliver television to mobile devices.[12] In 2005, Annison and his team were awarded an Emmy for Technical Achievement in Advancing Television for their work with MobiTV. In 2007, Alvelda stepped down as CEO and Annison and Scanlan were passed over in favor of Disney alum Charles Nooney.[13]

Notes and References

  1. Web site: Seth Green Among The Backers Of Hollywood's First Fan-Owned Entertainment Company. Thompson. Simon. Forbes. April 18, 2016.
  2. Web site: New York Rock Exchange Sells Fans Shares of the Music They Love Xconomy. Xconomy. en-US. April 19, 2016.
  3. Web site: MobiTV Plans to Raise $75 Million in Initial Share Sale. Levy. Ari. Bloomberg.com. April 18, 2016.
  4. Web site: MEET THE NYRE TEAM. New York Rock Exchange. April 18, 2016.
  5. Web site: Startup Legion M Launches Crowdfunded Studio That Lets Fans Buy Piece of Company. Spangler. Todd. Variety. en-US. April 18, 2016.
  6. Web site: Paul Scanlan & Jeff Annison, Legion M on CNBC 03/11/2016. clips.shadowtv.net. April 18, 2016.
  7. Web site: Introducing "The World’s First Fan-Owned Entertainment Company". Co.Create. en-US. April 18, 2016.
  8. Web site: Legion M Lets Fans Own A Piece Of The Hollywood Action. NASDAQ.com. April 18, 2016.
  9. Web site: New York Rock Exchange Sells Fans Shares of the Music They Love Xconomy. Xconomy. en-US. April 21, 2016.
  10. Web site: Fans get a say in film production with alum’s startup Legion M Daily Bruin. April 21, 2016.
  11. Book: Shah, Tarang. Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes. Shah. Shital. January 24, 2012. Apress. 9781430238386. en.
  12. Book: Shah, Tarang. Venture Capitalists at Work: How VCs Identify and Build Billion-Dollar Successes. Shah. Sheetal. November 16, 2011. Apress. 9781430238379. en.
  13. Web site: USATODAY.com - TV on cellphones? Funny but profitable. usatoday30.usatoday.com. April 18, 2016.