Private Media Group Taps Charles Prast as CEO

BARCELONA — Charles Prast, a former Private Media Group president and CEO, will once again take on those titles at the company.

Prast has been appointed by Private's board of directors as the company’s president, CEO and interim CFO, according to a filing with regulators today.

Prast takes over the top slot held by Private's Sureflix division's president, Eric Johnson, who had been carrying out the responsibilities of CEO and CFO during a long and contentious shareholder and creditor rights battle.

The Securities and Exchange Commission filing  also confirms that Berth Milton had been "terminated" as the company’s president and CEO. Milton had been on indefinite suspension since mid December.

Prast, 45, is an industry veteran with more than 10 years in the adult biz, most recently as senior vice president at New Frontier Media.

He joined Private in 2002 as CEO and president and left in late 2003 to pursue a Penthouse acquisition independently with financing from adult brand Beate Uhse.

Later, he joined Interactive Brand Development and structured an investment in XTV, an adult-oriented IPTV service. He later renamed the business Interactive Television Network and added mainstream content, including sporting events.

In other Private news, the company said it  appointed Michael Kotov and John Wirt as members of the board of directors. 

Wirt and Kotov were appointed to the audit committee of the board; Kotov also has been appointed to the compensation committee of the board.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Sinatra Monroe Toplines New Digital Playground Comedy 'Single Minded'

Sinatra Monroe headlines the new comedy feature from Digital Playground, titled "Single Minded."

Adult Time Launches New Series 'Preggo World'

Adult Time has released the first episode of its new series “Preggo World,” titled “18 & Pregnant.”

Alexis James Makes Her Tushy Raw Debut

Alexis James has made her debut for Vixen Media Group (VMG) studio imprint Tushy Raw, alongside Victor Ray.

Tyler Wu Guests on Chaturbate's 'Sex Tales' Podcast

Tyler Wu is the latest guest on Chaturbate’s “Sex Tales” podcast, hosted by Melissa Stratton and Vanniall on the company’s “Camming Life” YouTube channel.

Lucy Hart Stars in Mainstream Slasher Flick 'Director's Cut'

Long-time performer Lucy Hart has stepped outside the world of adult, starring in a new mainstream slasher movie, "Director's Cut," that premiered this weekend in theaters across the U.S.

Fleshy to Launch Interactive Cam Site 'Eremote'

Male pleasure brand Fleshy has announced that it will launch an interactive, bidirectional cam site next month called Eremote.

Rae Lil Black, Rikako Katayama Star in Latest From Vored

Rae Lil Black and Rikako Katayama star in the latest release from Hentaied.pro studio brand Vored, titled "Sinful Taste."

XBIZ LA Show Introduces New 'Crib Crawl' Feature

XBIZ is pleased to announce that the 2025 edition of its flagship conference, the XBIZ Show, will debut a brand-new feature: Crib Crawl, offering attendees the chance to meet and greet representatives from leading brands and organizations in dedicated suites at the host venue.

Sage Hunter Makes Her Hookup Hotshot Debut

Sage Hunter has made her Hookup Hotshot (HUHS) debut alongside studio honcho Bryan Gozzling.

Gal Ritchie: From British Dominatrix to Rising L.A. Starlet

Gal Ritchie left her home in the U.K. and arrived in Los Angeles on Aug. 12, 2023. She remembers the exact date because it was such a key moment in her life.

Show More