Light Reading
For $25K, I can get an Internet TV channel

Watch Out, YouTube

Phil Harvey
The Philter
Phil Harvey
12/28/2006
50%
50%

12:25 PM -- From The Philter's Obscure Company Fun Facts file, here are some things you probably didn't know about a publicity-happy, Pink Sheets-traded company called WiFi TV:

  • The president of the company, Rachelle Kuzma, 23, makes $84,000 a year and doesn't have an employment agreement with the company.
  • The CEO, Alex Kanakaris, lists among his career accomplishments: "Seen on CNN on the night of the closest presidential election in history, live from Nashville, Tennessee, where he stayed up all night in front of the Al Gore campaign’s official national campaign microphone."
  • The company is selling folks their own "global Internet TV channel, viewable by virtually anyone in the world with access to a high-speed Internet connection."
  • Having your own WiFi TV channel ain't free. It costs $25,000 upfront, plus an encoding charge of $20 to $30 an hour for each new program added to your channel's lineup.
  • As best as we can tell, WiFi TV has nothing to do with wireless technology. The company's programming is available on any kind of broadband hookup. It charges $24.95 a year for its service.
  • The company's most recent promotional sales video begins with WiFi TV's "national marketing consultant" saying: "Alex, the benefits to owning a WiFi TV channel is endless..."


I'm sure the benefits is endless. Or maybe it just seems that way.

— Phil Harvey, Person of the Year, Light Reading

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