Media Moguls' Advice: Take Some Risks

Donohue, Steve
September 2004
Multichannel News;9/27/2004, Vol. 25 Issue 39, p29
This article presents views of some experts related to the entertainment industry. Risk-taking is the key to success for people looking to start their own business or move up the ranks within their current workplace, three media-industry entrepreneurs told cable executives last week. Mark Cuban of the company HDNet, who sold Broadcast.com to Yahoo! Inc. for $5.7 billion in stock in 1999 , said he rarely puts money into ventures with a group of investors, telling attendees that be prefers to do things on his own. XM Satellite Radio Inc.'s Hugh Panero told the story of how soon after XM Satellite Radio launched, he saw a car with an XM antenna on its roof while driving in Washington D.C.


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