Media moguls' advice: take some risks.

Multichannel News, September, 2004 by Donohue, Steve

NEW YORK -- Risk-taking is the key to success for people looking to start their own business or move up the ranks within their current workplace, three media-industry entrepreneurs told cable executives last week. "You've got to be willing to take chances with the company," College Sports Television founder and CEO Brian Bedol told attendees at a breakfast meeting here last Thursday, which was held by the New York chapter of the Cable & Telecommunications Association for Marketing.

Bedol, who founded Classic Sports Network in 1994--and sold it to ESPN three years later for $185 million--was joined on stage by HDNet founder Mark Cuban and XM Satellite president and CEO Hugh Panero. CUBAN GOES ALONE Cuban--who sold Broadcast.com to Yahoo!...

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