DEN Plays With $24M In Financing
The big kids at Digital Entertainment Network (DEN), a Gen-Y geared on-line
programmer, have received much-needed play money to the sum of US$24
million. The new round of financing includes investments from NBC, Chase
Capital Partners, Enron Broadband Services Inc. and Intel, among others.
Missing from this round of financing is former Warner Bros. chairman, Terry
Semel. However sources say he has separately invested $2 million in the
company. Santa Monica-based DEN has also restructured its management team,