---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-004297"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T18:00:38.365976+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media extends Chairman Speyer's role; employment agreement expires April 2023

## Summary
- Chairman W. Kip Speyer's employment agreement expires April 1, 2023; he continues as Chairman at $1 annual salary.
- Speyer remains Chairman as at-will employee; retains health/dental/vision coverage until resignation or removal.
- Certain sections of the employment agreement continue to bind both parties during his Chairman tenure.
- No further compensation payable under employment agreement after April 1, 2023.

## SEC filing metadata
- accession: 0001493152-23-004297
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000149315223004297/0001493152-23-004297-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000149315223004297/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-004297
- JSON: https://secwatch.observer/filing/0001493152-23-004297.json
- Plain text: https://secwatch.observer/filing/0001493152-23-004297.txt

## Key facts
- Executive change
  W. Kip Speyer changed role as Chairman of the Board of Directors at Bright Mountain Media, Inc..
  - Action: memorialized continued service as Chairman and expiration of employment agreement
  - Role: Chairman of the Board of Directors
  source text: On February 8, 2023, Bright Mountain Media, Inc. (the “Company”) and W. Kip Speyer memorialized Mr. Speyer’s continued service as Chairman of the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000149315223004297/0001493152-23-004297-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.