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BUSINESS
November 29, 2000 | Bloomberg News
Vulcan Ventures Inc., the company that invests for billionaire Microsoft Corp. co-founder Paul Allen, said it will acquire closely held One-On-One Sports Inc., a sports radio network, to increase its sports-related holdings. Bellevue, Wash.-based Vulcan Ventures said One-On-One will be renamed Sporting News Radio Network. Terms of the deal weren't disclosed. The company acquired the Sporting News in February from the former Times Mirror Co.
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BUSINESS
May 9, 2001 | Bloomberg News
Billionaire investor Paul Allen might be moving off TheStreet.com Inc. (TSCM). Vulcan Ventures Inc., an investment vehicle for Allen, the co-founder of Microsoft Corp., and InfoSpace Inc. (INSP) might each sell their 2.4% stakes in TheStreet.com Inc., according to a regulatory filing. InfoSpace, which sells electronic-commerce services, and Vulcan each hold 670,167 common shares in TheStreet.com, a New York-based Web site that provides financial commentary and news. TheStreet.
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BUSINESS
March 9, 1999 | Bloomberg News
Vulcan Ventures Inc., the investment company headed by billionaire Paul Allen, is funding a new electronic commerce company that is developing a shopping service for the Internet, cable TV and other emerging media. Bellevue, Wash.-based Mercata Inc. is developing a Web site and shopping service that will let consumers shop on the Internet and cable TV for consumer electronics, home appliances, tools, watches and sporting goods.
BUSINESS
December 5, 2000 | Bloomberg News
Oxygen Media Inc., an Internet and cable-television company that caters to women, said it had received $100 million in new funding from Vulcan Ventures Inc., the investment company run by billionaire Paul Allen, Microsoft Corp.'s co-founder. The money will let New York-based Oxygen develop new Internet and cable-programming services and increase its cable subscribers, a spokeswoman said.
BUSINESS
December 5, 2000 | Bloomberg News
Oxygen Media Inc., an Internet and cable-television company that caters to women, said it had received $100 million in new funding from Vulcan Ventures Inc., the investment company run by billionaire Paul Allen, Microsoft Corp.'s co-founder. The money will let New York-based Oxygen develop new Internet and cable-programming services and increase its cable subscribers, a spokeswoman said.
BUSINESS
May 9, 2001 | Bloomberg News
Billionaire investor Paul Allen might be moving off TheStreet.com Inc. (TSCM). Vulcan Ventures Inc., an investment vehicle for Allen, the co-founder of Microsoft Corp., and InfoSpace Inc. (INSP) might each sell their 2.4% stakes in TheStreet.com Inc., according to a regulatory filing. InfoSpace, which sells electronic-commerce services, and Vulcan each hold 670,167 common shares in TheStreet.com, a New York-based Web site that provides financial commentary and news. TheStreet.
BUSINESS
November 20, 1999 | Bloomberg News
Ziff-Davis Inc. agreed to sell its 64% stake in the ZDTV interactive cable television channel to Paul Allen's Vulcan Ventures Inc., getting $204.8 million from its partner in the venture to help reduce debt. The computer magazine publisher, a unit of Japan's Softbank Corp., is selling assets to help boost its share price. The company hasn't made a profit since selling shares to the public in April 1998.
BUSINESS
August 5, 1999 | Reuters
Allegiance Telecom Inc. said Paul Allen's Vulcan Ventures Inc. will pay $75 million for a 2% stake in the local phone operator, with the option to increase that stake to 10%. As part of Microsoft Corp. co-founder Allen's "wired world" strategy, his investment firm Vulcan Ventures will buy 1.5 million shares of Allegiance common stock from its existing private equity investors at $50 per share.
BUSINESS
August 2, 2000 | From Reuters
Technology investor Paul Allen and cable television operator John Malone came to the aid of Priceline.com Inc. on Tuesday, pouring $190 million into the struggling Internet retailer that allows shoppers to "name their own price" and giving its stock a badly needed boost. Microsoft Corp. co-founder Allen, through his investment arm Vulcan Ventures Inc. and Malone, as chairman of AT&T Corp. cable programming group Liberty Media Corp.
NEWS
June 4, 1999 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Computer billionaire Paul Allen is negotiating an agreement to invest $100 million in Oxygen Media for less than 10% of the venture, which was formed last year by cable veteran Geraldine Laybourne to produce women's programming for television and the Internet. Neither party would comment, but sources close to Allen say the deal underscores the Microsoft Corp.
BUSINESS
November 29, 2000 | Bloomberg News
Vulcan Ventures Inc., the company that invests for billionaire Microsoft Corp. co-founder Paul Allen, said it will acquire closely held One-On-One Sports Inc., a sports radio network, to increase its sports-related holdings. Bellevue, Wash.-based Vulcan Ventures said One-On-One will be renamed Sporting News Radio Network. Terms of the deal weren't disclosed. The company acquired the Sporting News in February from the former Times Mirror Co.
BUSINESS
August 2, 2000 | From Reuters
Technology investor Paul Allen and cable television operator John Malone came to the aid of Priceline.com Inc. on Tuesday, pouring $190 million into the struggling Internet retailer that allows shoppers to "name their own price" and giving its stock a badly needed boost. Microsoft Corp. co-founder Allen, through his investment arm Vulcan Ventures Inc. and Malone, as chairman of AT&T Corp. cable programming group Liberty Media Corp.
BUSINESS
November 20, 1999 | Bloomberg News
Ziff-Davis Inc. agreed to sell its 64% stake in the ZDTV interactive cable television channel to Paul Allen's Vulcan Ventures Inc., getting $204.8 million from its partner in the venture to help reduce debt. The computer magazine publisher, a unit of Japan's Softbank Corp., is selling assets to help boost its share price. The company hasn't made a profit since selling shares to the public in April 1998.
BUSINESS
September 20, 1999 | EDWARD SILVER, TIMES STAFF WRITER
Paul Allen is no longer the "accidental zillionaire." That was the tag attached to him in a 1994 Wired magazine article summing up the Microsoft (MSFT) co-founder's investment program as dabbling and driven by a half-baked view of the future. Yet five years later, Allen has become one of the Internet economy's most successful and influential investors.
BUSINESS
August 5, 1999 | Reuters
Allegiance Telecom Inc. said Paul Allen's Vulcan Ventures Inc. will pay $75 million for a 2% stake in the local phone operator, with the option to increase that stake to 10%. As part of Microsoft Corp. co-founder Allen's "wired world" strategy, his investment firm Vulcan Ventures will buy 1.5 million shares of Allegiance common stock from its existing private equity investors at $50 per share.
NEWS
June 4, 1999 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Computer billionaire Paul Allen is negotiating an agreement to invest $100 million in Oxygen Media for less than 10% of the venture, which was formed last year by cable veteran Geraldine Laybourne to produce women's programming for television and the Internet. Neither party would comment, but sources close to Allen say the deal underscores the Microsoft Corp.
BUSINESS
September 20, 1999 | EDWARD SILVER, TIMES STAFF WRITER
Paul Allen is no longer the "accidental zillionaire." That was the tag attached to him in a 1994 Wired magazine article summing up the Microsoft (MSFT) co-founder's investment program as dabbling and driven by a half-baked view of the future. Yet five years later, Allen has become one of the Internet economy's most successful and influential investors.
BUSINESS
August 12, 2000 | Bloomberg News
Internet computer retailer Value America Inc., whose shares have fallen 93% in the last year, filed for Chapter 11 bankruptcy protection as it closed its online store and fired 185 people. The company said it will reorganize as a business helping manufacturers, distributors and vendors fill online orders and seek payment over the Internet. Value America began business with funding from such investors as billionaire Paul Allen's Vulcan Ventures Inc. and Frederick W. Smith, chairman of FedEx Corp.
BUSINESS
March 9, 1999 | Bloomberg News
Vulcan Ventures Inc., the investment company headed by billionaire Paul Allen, is funding a new electronic commerce company that is developing a shopping service for the Internet, cable TV and other emerging media. Bellevue, Wash.-based Mercata Inc. is developing a Web site and shopping service that will let consumers shop on the Internet and cable TV for consumer electronics, home appliances, tools, watches and sporting goods.
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