The entertainment challenge.

Broadcasting & Cable, June, 2000 by Kerschbaumer, Ken

Digital Entertainment Network's demise shows that venture capital can do only so much When Digital Entertainment Network (then www.DEN.net) filed for Chapter 11 bankruptcy protection last month, there were reports that the sky was falling on online entertainment.

But the DEN failure may just be another example of Internet Darwinism and a poorly run company's meeting its maker--with lessons for both new- and traditional-media companies on the Internet. Like others, DEN saw the Internet as a potential distribution tool for video content. It produced short-form entertainment targeted at niche audiences--the type of programming not found on television. But its lavish spending and high production values led to troubles. The sad reality of the...

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