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To: Glenn Petersen who wrote (3259)6/12/2009 3:52:39 PM
From: stockman_scott  Respond to of 6763
 
'Super Angels' Shake Up Venture Capital: As large VC firms cut back, a hungry bunch of seed-stage investors are helping entrepreneurs get their ideas off the ground

businessweek.com



To: Glenn Petersen who wrote (3259)6/12/2009 11:38:27 PM
From: stockman_scott  Respond to of 6763
 
Digitization Poses Major Challenges for Content Providers

seekingalpha.com



To: Glenn Petersen who wrote (3259)6/13/2009 12:19:18 AM
From: stockman_scott  Respond to of 6763
 
Mike North out as exec at Webio; still on air

chicagotribune.com

Allegations of bounced checks lead to dispute; simulcasts to continue

By Phil Rosenthal
Tribune reporter
June 13, 2009

Amid allegations that Chicago Sports Webio has been bouncing checks in recent days, Spectrum Entertainment Chief Executive David Hernandez on Friday fired host Mike North as senior vice president of the sports talk Web site he helped found last year.

A simulcast of North's Comcast SportsNet Chicago program, "Monsters in the Morning," will continue to be heard on the Web site, according to North, who said late Friday he hopes to wrest back control of the Web site from Hernandez.

Efforts to reach Hernandez -- whose NextStep Medical Staffing has been title sponsor of the "Monsters" television show -- for comment were unsuccessful.

Other members of the launch team Hernandez fired Friday were North's wife, Bebe, as chief operating officer and Jeff Schwartz as general sales manager.

CSN Chicago's Web site, for a time Friday, did not list "Monsters" on its schedule for next week. But the program later returned to the listings, and a spokesman had no explanation for the temporary absence but said the show would run as scheduled.

North said when he learned checks were bouncing, he, his wife and Schwartz tried to reach Hernandez for an explanation.

"He wouldn't return our e-mails. We tried talking to him," North said. "Right now the plan is to figure out what's going on."

Hernandez has raised eyebrows with his considerable spending for the start-up. Among the more notable expenses were paying for talent such as veteran host Chet Coppock and former boxer Ray "Boom Boom" Mancini and a heavy marketing campaign. He also invested heavily to outdo established media rivals in areas such as travel for staff to cover the Stanley Cup playoffs.

But a Crain's Chicago Business blog earlier this week quoted Hernandez as talking about expansion into broadcast radio and insisting the Web site already was making money.

"I know what my overhead expenses vs. revenues are," Hernandez told Crain's. "We're absolutely in a profit."

Copyright © 2009, Chicago Tribune



To: Glenn Petersen who wrote (3259)6/15/2009 8:55:20 AM
From: stockman_scott  Read Replies (1) | Respond to of 6763
 
Andreessen and Horowitz Complete Raising Dough for $300-Million Venture Fund–Let the Seed Investing Begin!

kara.allthingsd.com



To: Glenn Petersen who wrote (3259)7/1/2009 2:21:30 PM
From: stockman_scott  Respond to of 6763
 
The Dean of Chicago Broadcast Journalism: John Callaway 1936-2009

cdobs.com



To: Glenn Petersen who wrote (3259)7/1/2009 11:04:17 PM
From: stockman_scott  Read Replies (3) | Respond to of 6763
 
A Secret Storage Start-Up: ActiFio

storagenewsletter.com