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| Tuesday, September 25 05:16 AM |
| A Source Of A Different Colour |
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TheSource Entertainment Media Empire is currently being sued by American Express for 1.8 Million dollars. They have cut off David Mays and his executives’ corporate cards. It’s a huge debt for a company currently shopping itself on the open market, counting among its assets: a widely circulated magazine, a top rated awards show, and two cheaply produced and tenuously distributed TV shows on the African Heritage Network.
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| Thursday, June 29 03:30 PM |
| No Purpose. No Soul. |
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Soulpurpose.com is another UBO foundation site. It's supposed to be a community site for an e-mail list that recycles press releases and covers parties sponsored by Moet and Captain Morgan's spiced rum. Interns everywhere read it thinking they'll get a glimpse into the entertainment industry.
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| Thursday, November 02 05:43 PM |
| Adam Kidron and Urban Bust Office: The Den Redux |
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Urban Box Office is dead. All the promise that was held in the dream of the urban entertainment on the net will survive, just not with UBO. At the end, an unwillingness of Adam Kidron to step down from the CEO position cost UBO a desperately needed round of funding. Currently all the stores are closed on the UBO network, not that they were selling anything anyway. How did this company get into such dire straights as to need $1+ million dollars a week and have no cash reserves to continue operations?
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| Saturday, September 16 02:06 AM |
| Sayshe Begins Urban Women's Site War |
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Sayshe.com beats the competition to the urban woman's content site arena. It is supposed to launch today with a simple party and no online or offline branding to speak of. The site was conceived by Lynne McDaniel, a human resources refusenik who actually wants to do film, but will settle for a website for now. Lured to Hookt to handle HR and shuffle some papers, she pressured them for money to start her own affiliate site. The Result: Sayshe.com
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| Thursday, January 18 03:50 PM |
| Hookt and Platform Join Forces. Employees Take Losses. |
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Hookt recently had another round of layoffs from the original staff as the merger with Platform was completed. After having dismal Christmas sales and low traffic across most of their properties, Peter and Chas are set to have Tina Imn and Ben White take over their web properties in a last ditch attempt to survive. They seek to bring the Platform's patronizing banal look at urban culture that has uninspired college kids for the last four years.
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