Back9 Network Planning Online Return, Expansion
/Stephen Singer reports for the Hartford Courant on efforts by the failed television network Back9 to continue on as a website, app and email property, according to bankruptcy filings and confirned by CEO Charles Cox.
Singer writes:
Cox and co-founder Reid Gorman tapped $2 million from a group of investors, including Karl Krapek, former president and chief operating officer of United Technologies Corp., and Denis Nayden, managing partner of Oak Hill Capital Partners and former chairman and chief executive officer of GE Capital, the one-time financing unit of General Electric Co. They did not return calls seeking information on their roles in the return of Back9Network.
Back9Network executives acknowledged in the filing in U.S. Bankruptcy Court in Hartford their failure to launch a profitable television network. They're now forming a "compelling online platform" of websites, a golf app and an email newsletter with 1.7 million subscribers, they said.
Anyone use the app cited by the network as key to its growth?