New network closes $300k angel round, taps Mark Jeffrey as co-founder and CEO
Technology and entertainment personalities Jason Calacanis and Kevin Pollak today announced they have joined forces on a new Internet-based television network, This Week In, Inc. The startup has closed a modest angel round ($300,000) from a group of investors including Calacanis; Sky Dayton, founder of Earthlink and Boingo; and Matt Coffin, founder of LowerMyBills.com. Podcast pioneer and former Mahalo.com CTO, Mark Jeffrey is heading up the network as co-founder and CEO.
Calacanis explained, “The production of high-quality, live-streaming, video content has finally arrived. In the same way blogs grew from passion projects in 2005 to thriving businesses in 2009, streaming shows are poised to breakout.” Previously Calacanis launched 100 blogs with Weblogs Inc. including Engadget, Joystiq and Autoblog. Weblogs was purchased by AOL.
“I’m thrilled to be working with two visionaries like Jason and Kevin, and look forward to building a great company with them in the years to come,” said Jeffrey.
Jeffrey previously co-founded social network ZeroDegrees and sold it to IAC/InterActiveCorp in 2004. He also co-founded ThePalace, Inc. in 1995 which sold to Communities.com, Inc. in 1998. His first podcast novel got 2.4 million downloads, leading to a publishing deal with Harper Collins.
Building on the success of their popular, award-winning programs, This Week in Startups and Kevin Pollak’s Chat Show, This Week In debuts with a promising lineup of eight shows, all professionally produced from the network’s studio in Santa Monica, Calif. and staffed by passionate hosts. The network intends to create 30 shows over the next two years. This Week In will be holding an Open Casting Call for new show hosts on Saturday, May 22, 2010 beginning at 11 am at the This Week In office located at 902 Colorado Ave., Santa Monica, CA.
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