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Euniverse Inc

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BUSINESS
June 21, 2003 | From a Times Staff Writer
L.A.-based Web site operator EUniverse Inc. said Friday that it has been notified that it may be delisted from the Nasdaq SmallCap Market. The company said the Nasdaq staff was unable "to assess [EUniverse's] current financial position and its ability to sustain compliance with Nasdaq's continued listing requirements." The company said it has requested a hearing on the delisting warning. The company also said that six shareholder lawsuits have been filed against EUniverse.
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BUSINESS
January 29, 2004 | Michael Hiltzik
There's an old joke about how university campus politics are so vicious because there's so little at stake. From that, we might conclude that the proxy fight over the Internet company EUniverse Inc. would have been more dignified had it concerned an operation that actually turned a profit over the last year and didn't spend several months in the doghouse of a Nasdaq trading suspension. Instead, the battle pitting EUniverse's founder and ex-chairman, Brad D.
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BUSINESS
January 11, 2000 | ANNE POLLAK, BLOOMBERG NEWS
An extortionist posted on the Internet credit card data stolen from CD Universe after the music shopping Web site refused to give in to a demand for $100,000, its parent company said Monday. EUniverse Inc. said the unidentified offender claimed to have copied credit card data from about 300,000 accounts. The company reported the threat to the FBI on Saturday and shut down the Web site after discovering some of the customer information was placed on the Internet.
BUSINESS
June 21, 2003 | From a Times Staff Writer
L.A.-based Web site operator EUniverse Inc. said Friday that it has been notified that it may be delisted from the Nasdaq SmallCap Market. The company said the Nasdaq staff was unable "to assess [EUniverse's] current financial position and its ability to sustain compliance with Nasdaq's continued listing requirements." The company said it has requested a hearing on the delisting warning. The company also said that six shareholder lawsuits have been filed against EUniverse.
BUSINESS
February 9, 2001 | From Bloomberg News
EUniverse Inc., an operator of entertainment Web sites, said Thursday that its fiscal third-quarter loss widened as revenue soared eleven-fold on increased direct marketing and advertising sales. The Los Angeles-based company said its loss from continuing operations for the quarter ended Dec. 31 widened to $2.7 million, or 15 cents a share, from $2.1 million, or 13 cents, a year earlier. Revenue rose to $4.6 million from $400,000.
BUSINESS
January 29, 2004 | Michael Hiltzik
There's an old joke about how university campus politics are so vicious because there's so little at stake. From that, we might conclude that the proxy fight over the Internet company EUniverse Inc. would have been more dignified had it concerned an operation that actually turned a profit over the last year and didn't spend several months in the doghouse of a Nasdaq trading suspension. Instead, the battle pitting EUniverse's founder and ex-chairman, Brad D.
BUSINESS
September 10, 2002 | Dow Jones/Associated Press
EUniverse Inc. said it acquired ResponseBase, a closely held Santa Monica online marketing company, for an undisclosed amount of cash. EUniverse, an interactive entertainment network, said that ResponseBase is profitable and that the acquisition is expected to add to operating results for fiscal 2003. Los Angeles-based EUniverse will issue updated financial guidance in late October, when it releases fiscal second-quarter results.
BUSINESS
March 22, 2002 | Bloomberg News
L90 Inc., a Marina del Rey Internet marketing company, said its chief financial officer resigned and that it paid EUniverse Inc. an undisclosed amount to end their merger amid an investigation into its accounting by the Securities and Exchange Commission. CFO Thomas Sebastian had been on administrative leave since March 10 and resigned from the position Tuesday. Company officials weren't available to comment.
ENTERTAINMENT
December 20, 2002 | From Newsday
When Michael Jackson dangled his baby over a balcony in Berlin last month, the collective outrage could be heard far and wide. "Those kids ought to be taken from him," some parents and some in the media cried. Well, now there's a way for you to save Michael Jackson's kids. Sort of. Madblast.com, a comedy Web site owned by Los Angeles-based eUniverse Inc.
BUSINESS
May 7, 2003 | From Bloomberg News
EUniverse Inc., an interactive entertainment network, said Tuesday that its fiscal second- and third-quarter earnings and sales were overstated. The inflated results in the periods ended Sept. 30 and Dec. 31 may have been caused by some improperly processed transactions. An investigation is continuing, EUniverse said. A restatement of results for the two quarters will lead to a material change, the Los Angeles company said, without providing specific estimates.
BUSINESS
February 9, 2001 | From Bloomberg News
EUniverse Inc., an operator of entertainment Web sites, said Thursday that its fiscal third-quarter loss widened as revenue soared eleven-fold on increased direct marketing and advertising sales. The Los Angeles-based company said its loss from continuing operations for the quarter ended Dec. 31 widened to $2.7 million, or 15 cents a share, from $2.1 million, or 13 cents, a year earlier. Revenue rose to $4.6 million from $400,000.
BUSINESS
January 11, 2000 | ANNE POLLAK, BLOOMBERG NEWS
An extortionist posted on the Internet credit card data stolen from CD Universe after the music shopping Web site refused to give in to a demand for $100,000, its parent company said Monday. EUniverse Inc. said the unidentified offender claimed to have copied credit card data from about 300,000 accounts. The company reported the threat to the FBI on Saturday and shut down the Web site after discovering some of the customer information was placed on the Internet.
BUSINESS
February 7, 2002 | P.J. Huffstutter
The Securities and Exchange Commission is investigating the financial records of L90 Inc., a Marina del Rey online direct marketer, and issued subpoenas to the company and one of its directors. The company that had been poised to acquire L90 this month, Los Angeles online entertainment company EUniverse Inc., said that the probe will delay the acquisition at least until March.
BUSINESS
October 10, 2006 | From Reuters
News Corp. said Monday that a Los Angeles judge had rejected legal challenges to the media company's 2005 acquisition of MySpace's parent, Intermix Media Inc., and ruled that the deal was lawful. News Corp. said Los Angeles Superior Court Judge Carolyn Kuhl on Friday "fully dismissed" the challenges spearheaded by Brad Greenspan, former chief executive of EUniverse Inc., which was renamed Intermix, and other former shareholders.
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