November 12, 2000 |
Every Tuesday, the creative team behind Eruptor Entertainment hunkers down for a production meeting in a cramped Marina del Rey warehouse on a street better known for auto-body repair than super-hip dot.com companies. The goal? To create a youth-oriented hit series for the Web the way "South Park" assaulted cable television. Today's topic: "LivinGiant.com," one of more than 40 projects Eruptor has in development.
November 8, 2000 |
CMGI Inc., which owns or has stakes in more than 70 online companies, may announce plans soon to exit some struggling ventures, including its majority-owned entertainment Webcasting company ICast, industry sources said Tuesday. Shares of Andover, Mass.-based CMGI rose $2.81, or 10.5%, to close at $23.81 in heavy Nasdaq trading. CMGI officials were not available for comment, and a spokesman for ICast, which employs about 200 people, declined to comment.
August 2, 2000 |
Digital Entertainment Network, the Internet video company that burned through $60 million of investor money in two years, is being investigated for possibly fraudulent asset sales before it filed for bankruptcy in June. Court-appointed officials overseeing DEN's liquidation are investigating the sale of hundreds of thousands of dollars worth of DEN equipment and other assets to company insiders.
July 26, 2000 |
Three former employees of Digital Entertainment Network, including one hired and allegedly abused before age 16, have accused the defunct company's three founders of rape, assault and death threats, according to a civil complaint filed last week. The allegations against Marc Collins-Rector, Chad Shackley and Brock Pierce came in a Los Angeles Superior Court lawsuit. The suit also names the Internet video company known as DEN, which filed for bankruptcy liquidation in June.
July 8, 2000 |
A former employee of Digital Entertainment Network has sued the bankrupt company and its three founders, accusing them of inducing him into sexual relationships after hiring him as 15-year-old actor. The teen's suit, filed in Los Angeles County Superior Court, names as defendants the company known as DEN, former Chairman Marc Collins-Rector, and former executives and co-founders Chad Shackley and Brock Pierce.
June 15, 2000 |
Digital Entertainment Network has filed for Bankruptcy Court liquidation, saying it owes more than $10 million to more than 200 creditors. The Chapter 7 filing last week in Los Angeles had been expected since the company closed its Santa Monica office last month and dismissed its more than 100 employees. The filing makes the company, also known as DEN, one of the highest-profile Internet firms to end in bankruptcy.