| I Rejected WHAT!?!?! |
Friday, August 22nd, 2008
When it comes to online media, it seems like large media organizations are buying small online media organizations like crazy. MySpace belongs to News Corp. (the same company that owns Fox Broadcast), Last.FM with CBS, iVillage belongs to NBC, Go.com belongs to Disney/ABC, YouTube belongs to Google. In the past 10 months, WRAJ Internet Radio and Vidgle has been in a middle of offers by 5 major media corporations which the list is being disclosed. The highest offer now is $10 million and was rejected by the company, a decision I have made. Thats right, I, a 20 year old college student, have rejected $10 million offer to buy my website. The earliest offer was $2.5 million back in December 2007 and was rejected.
I would like to say I want to keep the radio website and our new properties in the upcoming years, including Vidgle, owned by my company, not a large corporation. Though we might get a lot of support from the larger corporations and abroad if we do take an offer, I just feel that I should continue of what I’m doing because I am having fun with it, and so is my friends. Because of WRAJ Internet Radio, we were able to form a company out of it, forming Jenthony Enterprises, Inc., to this day, we are the only internet radio station that was able to form a company within the first 3 years of operation.
Now let me get back to work with WRAJ Internet Radio, Vidgle, and our newly to be released NewMusic101.com online radio station (maybe I shouldn’t have said it to early).




