Virtually Live, the leading immersive Virtual Reality (VR) platform for live events today announced the appointment of Markus Tellenbach as its new Group CEO.

Virtually Live has gained a market leader position in providing immersive VR experiences to fans of live sports and live music enabling them to participate in such live events as if they would be attending in person.

The appointment of Markus Tellenbach as the new Group CEO reflects the dynamic growth the company experienced over the last years and strengthens its successful management team.  Under the leadership of Markus Tellenbach Virtually Live will implement a strategic plan expanding its global operation with services and products targeting sports and entertainment markets.

Markus Tellenbach has over 20 years of successful track record as CEO in leading international public and private media companies. As a veteran in European Commercial Television Mr. Tellenbach has been recognized for his entrepreneurial leadership in creating and launching new television stations across Europe such as Eurosport, VOX, Veronica, TVN 24bis as well as numerous radio and internet services.  Mr. Tellenbach is a dynamic, result and shareholder value oriented leader with a proven track record in delivering top and bottom line growth while pursuing diversification into new markets and leveraging operational efficiencies. Mr. Tellenbach has continuously delivered outstanding shareholder returns whilst focusing on medium term development strategies. Previous to his appointment, he served as CEO of TVN S.A. Poland’s leading multi-channel broadcaster.  He restructured TVN’s pay-tv operation and initiated market consolidation with a successful merger with CANAL+. Under his leadership TVN successfully implemented its own OTT service and established a pioneering airtime representation business resulting in a 50% TV ad market share.

The appointment of Markus Tellenbach as Group CEO strengthens the Virtually Live organization and affirms the company’s focus on growth of its business while maintaining its leadership position on cutting edge VR experiences.

Virtually Live’s Executive Chairman Bruno Valsangiacomo said: “We’re excited to have Markus Tellenbach joining the Tectus Group and becoming CEO of Virtually Live Group, having known and worked with him over the past 10 years, I have full confidence that his deep media know how will benefit Virtually Live’s rapid expansion in the VR universe. His global expertise as a media operator will accelerate Virtually Live’s growth into the leading live-VR provider of fully immersive live experiences in unparalleled quality.”

Virtually Live’s CEO Markus Tellenbach says, “I am excited to join the Virtually Live management team and lead the implementation of its strategic plan whilst developing its products and services. Virtually Live benefits from its major shareholder the Tectus Group providing access to visionary technology in the field of Virtual Reality (VR), Augmented Reality (AR) and Artificial Intelligence (AI). Virtually Live today is the clear leader in rendering live sports in order to provide fans with a fully immersive true VR experience.”