Marc Collins-Rector (CEO), Chad Shackley, Brock Pierce, Jim Ritts, David Neuman
Website
Archived February 29, 2000, at the Wayback Machine
Digital Entertainment Network (often abbreviated as DEN and stylized as > e n™̣) was a multimedia dot-com company[1] founded in the late-1990s by Marc Collins-Rector and his partner, Chad Shackley. Rector and Shackley had sold their ISP, Concentric Network, and used the proceeds of that sale, along with additional investor funding, to launch DEN.[2] In February 1999, Jim Ritts resigned as commissioner of the LPGA to become chairman of DEN.[3]
DEN's goal was to deliver original episodic video content over the Internet aimed at niche audiences.[4] DEN was one of a crop of dot-com startups that focused on the creation and delivery of original video content online in the late 1990s[5] prior to wide adoption of broadband internet access.
In May 1999, DEN announced that their business model had earned them $26 million USD in investments from Microsoft, Dell, Chase Capital Partners, and others.[6] In September 1999, Microsoft announced that DEN was one of their partners in the Windows Media Broadband Jumpstart initiative, focusing on the creation of video and audio entertainment for the Windows Media format for high-speed connections.[7] By 1999, the company was reportedly valued at $58,500,000 USD and included former Walt Disney Television President David Neuman, Garth Ancier, David Geffen, Gary Goddard, and Bryan Singer as investors.[8][9][10]
DEN was slated for a $75 million USD IPO in October 1999 but the IPO was withdrawn[11] in the wake of allegations of sexual assault against Collins-Rector, Shackley, and fellow executive Brock Pierce. All three executives subsequently resigned.[2] Layoffs followed in February 2000.[12] While a new executive team led by former Capitol Records President Gary Gersh[11] and former Microsoft executive Greg Carpenter[13] tried to salvage the company and relaunch in May 2000,[14] DEN filed for bankruptcy and shut down in June 2000.[15][16]
^Volpano, Lou (1999). "Analysis of Initial Public Offering DEN (>en)" (PDF). Ascertain-ment. Archived from the original (PDF) on 2007-09-29.
^ abGorenfeld, John; Runkle, Patrick (2007-11-05). "FAST COMPANY". Radar Online. Archived from the original on 2008-01-17. Retrieved 2017-10-20.
^KAPLAN, KAREN; HUFFSTUTTER, P. J. (1999-04-05). "Viewing TV-Style Programs in the DEN". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
^KAPLAN, KAREN (1999-10-07). "Coming Soon to a Monitor Near You". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
^KAPLAN, KAREN (1999-05-31). "Online Show Producer to Get Cash Infusion". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
^Dunn, Ashley (1999-09-30). "Microsoft in Entertainment Initiative". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
^"CONSENT TO CONVERTIBLE BRIDGE FINANCING". 1999. Retrieved 2017-10-20.
^"Bryan Singer & Other Hollywood Sex Ring Defendants Exposed As Investors In Shady Company Run By Pedophile — READ The Shocking Proof". Radar Online. 2014-04-24. Retrieved 2017-10-20.
^Masters, Kim; Handel, Jonathan (2014-04-30). "Bryan Singer Sex Abuse Case: The Troubling History Behind the Accusations". The Hollywood Reporter. Retrieved 2017-10-20.
^ abMENN, JOSEPH (2000-02-10). "Web Start-up DEN Replaces Top 2 Execs, Drops IPO Plan". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
^Menn, Joseph; Kaplan, Karen (2000-02-18). "DEN Layoffs". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
^"DEN Appoints Former Microsoft Exec to Tech Post". Los Angeles Times. 1999-08-12. ISSN 0458-3035. Retrieved 2017-10-20.
^MENN, JOSEPH; MILLER, GREG (2000-05-07). "How a Visionary Venture on the Web Unraveled". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
^Menn, Joseph (2000-06-15). "DEN Files for Bankruptcy Court Liquidation, Owes 200 Creditors". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
^MENN, JOSEPH (2000-08-02). "DEN Investigated on Alleged Fraud in Liquidation". Los Angeles Times. ISSN 0458-3035. Retrieved 2017-10-20.
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