Ascent Capital Group, Inc. Announces Retirement of Mr. Charles Y. Tanabe from Board
March 28, 2018 at 03:44 pm IST
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Ascent Capital Group, Inc. at its Annual Meeting of Stockholders held on May 11, 2018, announced that Mr. Charles Y. Tanabe has chosen to retire from Board, effective immediately prior to the annual meeting, and not to seek re-election at this annual meeting.
Ascent Capital Group, Inc. is a holding company. The Company's subsidiaries include Monitronics International, Inc. (MONI) and LiveWatch Security, LLC (LiveWatch). The Company's segments include MONI, LiveWatch and Other Activities. The MONI segment is primarily engaged in the business of providing security alarm monitoring services: monitoring signals arising from burglaries, fires, medical alerts and other events through security systems at subscribers' premises, as well as providing customer service and technical support. LiveWatch is a do-it-yourself home security provider offering professionally monitored security services through a direct-to-consumer sales channel. LiveWatch offers a differentiated go-to-market strategy through direct response television, Internet and radio advertising. When a customer initiates the process to obtain monitoring services, LiveWatch pre-configures the alarm monitoring system based on customer specifications.