Global entertainment mogul and E! founder Larry Namer has been appointed Chief Operating Officer of FanVestor, a fintech investment platform that allows fans to invest in their favorite celebrities, sports heroes and talent brands, the announcement was made today by FanVestor founder and CEO Michael Golomb.
FanVestor is a global all-in data-driven fan investing and fan commerce platform, accessible by Website and app. It’s specifically designed for elite talent, musicians, and athletes, as well as entertainment, sport, and e-sport organizations.
The app offers a new way to engage with your favorite celebrities and athletes through Initial Talent Offerings™ (ITO) and Initial Entertainment Offerings™ (IEO).
“Larry is one of the industry’s most creative thinkers and visionaries, making him the perfect addition to our senior executive team. His extensive background and breadth of experience in all aspects of global entertainment and new technologies is unmatched,” comments Golomb. “Larry has moved from his role as an advisor to COO, as he has witnessed FanVestor rapidly gain momentum with talent and management teams.”
An entertainment industry veteran with 50 years professional experience in television, film, live events and digital media, Namer first joined FanVestor’s Advisory Board in January 2020, along with longtime business partner Martin Pompadur, former ABC Board Member, President, Ziff Corporation and Chairman of News Corp. Europe, with whom he co-founded Metan Global Entertainment Group (Metan) in 2009.
Phil Quatararo, former CEO of Virgin Records, EMI Records and Warner Bros., also joined FanVestor’s board at this time.
In his new role as FanVestor’s COO, Namer is charged with overseeing the day-to-day operations and partner management for FanVestor.
“With the changing landscape for entertainers and athletes caused by the pandemic, the timing for FanVestor is ideal,” says Namer. “The media world needs to adapt to new realities and must find different ways to monetize fan bases. FanVestor gives both the celebrity and the fan the opportunity to join together in this new word we’re entering. I’m very excited to be part of the team that will create and implement new ways for the entire food chain in media and sports to move forward.”
“Robinhood gave retail investors an easy path to invest in their favorite publicly traded brands, while Instagram gave fans a glimpse into the world of their favorite celebrities. FanVestor’s platform leverages these two concepts in harmony, providing fans an opportunity to invest in their favorite celebrities,” adds Golomb.
Namer will also continue his work as President/CEO of Metan, a venture created to develop and distribute entertainment content and media specifically for Chinese speaking audiences in China and abroad.
Reel 360 wishes Larry all the best in his new endeavor.