Last week’s collapse of TVnewsweb, an Internet company that sold breaking news stories from freelancers, local TV stations and the BBC to TV stations, was being blamed on the slower-than-expected roll-out of broadband connections. The company, founded one year ago by former cameraman Peter Henderson and Ken Heron, a onetime senior editor at the now-defunct Worldwide Television News agency, had initially attracted $10.5 million from investors and an additional $8.4 million last January. Bill Hood, managing director of TVnewsweb, told Monday’s edition of Britain’s Guardian newspaper, “I think the investors could see it [broadband delivery] coming, but maybe it wasn’t coming quickly enough.”
- Advertisement -
