CÜR Media, Inc. announced that on April 28, 2016, Jay Samit resigned as a member of the Board of Directors the company, thereby reducing the Board from four to three members. As a result of his resignation, Mr. Samit relinquished his roles as a member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. On April 29, 2016, the title of President, Chief Executive Officer and Chairman of the Board, Thomas Brophy, changed to Founder, and the duties of President, Chief Executive Officer and Chairman of the Board were assumed by James Urie (as further described below).

Mr. Brophy will continue to have an active role with the company and will continue as a member of the Board. As a result of Mr. Brophy's change in title, he has relinquished his role as the company's 'Principal Executive Officer' for Securities and Exchange Commission (SEC) reporting purposes. On April 29, 2016, Board appointed James Urie as Executive Chairman of the Board and as Interim resident and Interim Chief Executive Officer, to assume the duties previously performed by Mr. Brophy, to serve until his successor shall be duly appointed, unless he resigns, is removed from office, or is otherwise disqualified from serving as an officer and a director of the Company.

In addition, for SEC reporting purposes, Mr. Urie was designated as the Company's 'Principal Executive Officer'. From July 1996 through January 2015, Mr. Urie worked in various executive capacities for Universal Music Group Distribution, the former multi-billion dollar sales and marketing division of Universal Music Group, including more than 12 years as Chief Executive Officer (January 2003-January 2015), more than 16 years as President (August 1998-Janaury 2015) and more than two years as Executive Vice President/General Manager (July 1996-August 1998).