Andrew
03-29-2007, 12:03 PM
Eisner's online video venture (http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/03/29/BUG41OTHIK1.DTL&feed=rss.business) -- SFGate, 2007-03-29
Since taking off his Mickey Mouse hat, former Walt Disney Co. CEO Michael Eisner has donned a new cap, that of Internet media entrepreneur.
Founder of the Tornante Co., an investment firm, Eisner was one of several backers to sink $12.5 million into Veoh, an online video service, last year. This month, he also teamed up with private equity firm Madison Dearborn Partners to buy trading card and candy company Topps for $385.4 million.
His most recent project is an independent studio, Vuguru, which will introduce its first show on Monday. "Prom Queen" is a teen murder mystery that plays out daily over 80 episodes, each a minute and a half long, on the Internet at promqueen.tv and on cell phones. In a recent conversation with The Chronicle, Eisner discussed the challenges facing media companies as people increasingly turn to the Internet for entertainment.
Since taking off his Mickey Mouse hat, former Walt Disney Co. CEO Michael Eisner has donned a new cap, that of Internet media entrepreneur.
Founder of the Tornante Co., an investment firm, Eisner was one of several backers to sink $12.5 million into Veoh, an online video service, last year. This month, he also teamed up with private equity firm Madison Dearborn Partners to buy trading card and candy company Topps for $385.4 million.
His most recent project is an independent studio, Vuguru, which will introduce its first show on Monday. "Prom Queen" is a teen murder mystery that plays out daily over 80 episodes, each a minute and a half long, on the Internet at promqueen.tv and on cell phones. In a recent conversation with The Chronicle, Eisner discussed the challenges facing media companies as people increasingly turn to the Internet for entertainment.