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ManiaTV Takes A Big Hit

Posted by iTVX Staff on March 4th, 2009

These harsh economic times are really hitting industries of all types hard. ManiaTV announced that it was going to shut down operations due to its loss of credit with Comercia Bank. Will this strike the end for ManiaTV the pioneer who once sought to bring TV and web video together in a most harmonious way? It seems like every day there’s something in the news about another company going under or filing for bankruptcy protection.

 ManiaTV took a big rick with its branded entertainment ventures trying to incorporate sponsorships and product placements in its original series spoofs. Unfortunately things didn’t go as planned and sponsors pulled out, leaving ManiaTV in no position to recoup its initial investments.

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This entry was posted on Wednesday, March 4th, 2009 at 4:09 pm and is filed under iTVX Originals, Branded Entertainment and Product Placement News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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