Remember the Psychic Friends Network? The company rode the boom in infomercials in the early-1990s, $3.99/minute charges and Dionne Warwick’s mysterious allure to a $23 million profit in 1995. Three years and one Stephen Glass Harper’s feature later, the company filed for bankruptcy, claiming $1.2 million in assets against $26 million in liabilities.
Well, the future is back. According to an investor presentation filed with the Securities and the Exchange Commission yesterday, Psychic Friends Network is gearing up for a second act; in fact, PFN 2.0 is already in soft launch, with—pending a capital raise—a full marketing campaign planned for early next year.
Tomorrow, the memorial for Whitney Houston will take place in Newark, NJ at the New Hope Baptist Church. Speculation for the funeral’s guest-live began almost immediately after the news of Ms. Houston’s death: Would ex-husband Bobby Brown be invited? (Yes he would.)
It would almost seem that the stars had finally aligned. After weeks of stalled talks and contentious meetings between House Republicans and Democrats that escalated into a public spat between Speaker John Boehner and President Obama, a bill finally made it through the House and into the Senate, where it was speedily approved Tuesday morning Read More
Actor Steven Weber stood outside the 92nd Street Y on Monday, May 18, as a procession of luxury cars pulled up, unloading finely dressed guests for the Y’s annual benefit gala.
“It is going to be an incredible evening,” said Mr. Weber, the event’s emcee, rattling off the names of the many luminaries scheduled to Read More
Isn’t it Tisch? Odd Bedfellows Denise Rich and Elie Wiesel Hype Hotelier’s New Book
“Hey, that’s Elie Wiesel,” said NYPD detective turned big-time security consultant Bo Deitel. Mr. Deitel was standing by the bar during the party for Loews Hotel chief executive Jonathan Tisch’s new book, Chocolates on the Pillow Aren’t Enough, at the Four Read More
Ratings are in for NY1′s two-and-a-half hour live coverage of this past Friday’s memorial service for Luther Vandross: The event drew a 1.2 rating, a whopping figure for the station in the afternoon time slot.
The all-star sendoff–featuring Aretha Franklin, Dionne Warwick and Stevie Wonder–was seen by an average of about 89,200 households, with Read More