(March 9, 2011 – London, UK) – Adam Joy has been named to the newly created position of Vice President, Business Development, Warner Bros. International TV Production, it was announced today by Ronald Goes, Executive Vice President of WBITV Production. Based in London, Joy will be responsible for identifying and evaluating the business aspects of acquiring, joint venturing and strategically aligning with international production companies as WBITVP expands its production businesses outside the U.S. He will also lead all aspects of structuring and negotiating transactions, while coordinating transactions across operational divisions. He will report to Alex Ogilvie, who heads up Business Development on behalf of both WBITVP and Warner Bros. International Television Distribution. “Adam has extensive experience in the media finance sector having worked on a wide variety of complex transactions. We will look to him for his knowledge, relationships and financial know-how as we grow this new business,” said Goes. Joy joins Warner Bros. International Television Production with more than 17 years of experience in the media finance industry. Previously, the head of Media Corporate Finance at Numis Securities he served as an adviser in multiple acquisitions. Prior to Numis, Joy was Managing Director at Ingenious Corporate Finance. Before Ingenious, Joy was with UBS Investment Bank. He was there for 14 years where he worked his way up through the ranks from analyst to eventually heading EMEA Media Investment Banking, a post he held for four years. In 2009, Warner Bros. International Television Distribution announced the formation of Warner Bros. International Television Production. WBITVP has subsequently been steadily increasing the number of formats it has been licensing, such as “The Bachelor.” In 2010, WBITVP acquired a majority stake in Shed Media, one of the UK’s largest and most successful independent production and distribution companies, with operations in both the UK and the US. This marked a significant step in the Company’s goal to establish or acquire operating production companies in major territories around the world with the mandate to create locally produced versions of programs owned by the Studio and to develop original local programming on a market by market basis.