Get SF Weekly Newsletters

Saturday, January 10, 2009

Beginnings of an LGBT Media Empire?

Posted By on Sat, Jan 10, 2009 at 7:30 AM

click to enlarge lgbt_thumb_200x208.jpg

Lawyers and executives this week announced the formation of Here Media, an "LGBT media powerhouse" formed through a merger of several companies catering to lesbian, gay, bisexual and transgender consumers.

While the resulting entity isn't exactly Rupert Murdoch's News Corporation, it does represent an interesting alliance. Combining to form Here Media are purveyor of "Gay Television On Demand" Here Networks, Regent Entertainment Media and PlanetOut. (Give full credit to PlanetOut for staking its claim to recognizable sobriquettes in the realm of commerce. The company is publicly traded on NASDAQ under the symbol "LGBT," and owns the Web site gay.com.)

"This business combination will unite a powerful broadband video solution with an iconic brand and a leading URL in the LGBT community," Paul Colichman, CEO of Here Networks, said in a statement. "We are extremely excited about the opportunity to leverage this exceptional collection of assets to expand our audience, grow our revenues, and increase stockholder value."

The deal is still subject to shareholder voting and regulatory approval. Count us among its supporters -- we can't wait to see what this would-be media behemoth's version of Fox News looks like.

  • Pin It

About The Author

Peter Jamison

Comments

Subscribe to this thread:

Add a comment

Popular Stories

  1. Most Popular Stories
  2. Stories You Missed

Like us on Facebook

Slideshows

  • clipping at Brava Theater Sept. 11
    Sub Pop recording artists 'clipping.' brought their brand of noise-driven experimental hip hop to the closing night of 2016's San Francisco Electronic Music Fest this past Sunday. The packed Brava Theater hosted an initially seated crowd that ended the night jumping and dancing against the front of the stage. The trio performed a set focused on their recently released Sci-Fi Horror concept album, 'Splendor & Misery', then delved into their dancier and more aggressive back catalogue, and recent single 'Wriggle'. Opening performances included local experimental electronic duo 'Tujurikkuja' and computer music artist 'Madalyn Merkey.'"