ManiaTV Shuts Down
ManiaTV closed operations today, NewTeeVee has confirmed. The final shutdown was expected, as ManiaTV had publicly rushed to find a buyer in recent weeks. The urgency came due to an investor pulling out, according to our sources.
At least 15 employees were laid off last week, leaving only the management team. ManiaTV had previously cut 20 positions in October and seen significant attrition since then.
Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.
Nice job Hoskins!
Good luck to them in the future hopefully they will comeback with lessons learned.
I worked their for a while. The management consisted of unqualified people who felt they knew the medium even if it was their first time in it. It was quite frustrating working in that environment. The staff/crew learned so much and will go on to better gigs. The managers leave with few skills if that.
Bottom line, maniaTV management was incompetent.
theStream.tv FTW! – what mania TRIED to be…
I would like to say from an objective point of view that ManiaTV did provide a great vision in the early years and even today the shows are produced well and I know from my own experience, that it takes a dedicated staff and crew as well as host, reporters and all those involved in the production end to come up with good quality content. I have followed the rise and it seems now the fall of of great concept that probally did not have the management to run a good company. TOO BAD TOO SAD and if anyone knows anyone we are always looking for good people, so far I have been blessed and just like to say for those who made ManiaTV programming good on you.
does anyone know how to get in touch with this company. i am an actor and they owe me payment.
Look at this interview 3- weeks ago with Peter Hoskins. He claims they no longer need VC money. I guess we cought him in another lie.
http://www.socaltech.com/interview_with_peter_hoskins__maniatv/s-0019756.html
Always sad to see people lose their jobs. Kind of a bummer to see a closure in the still-developing internet tv space, too. Long live thestream.tv!
WAYNE, no offense, but calling maniaTV programming “well produced” is a major stretch. While Hoskins and his inner circle of greedy incompetents pulled down nice paychecks, the entire company was run on a shoestring and it showed. While I don’t fault a staff who were clearly working under less than ideal conditions at a company run by a world class liar, maniaTV programming quality was about on par with a late night infomercial. What “vision” do refer to? The business plan built on rigged traffic numbers and false claims? The programming focus that kept changing like the wind? The complete lack of marketing and promotions? If that’s vision I’d rather be blind.