Plum TV will live to see another day. After filing for bankruptcy earlier this year, the tiny cable channel aimed at the ultra-rich has now been bought by Joseph Varet and Morgan Hertzan, the original founders of another luxury cable network, LXTV.
Plum TV will live to see another day. After filing for bankruptcy earlier this year the tiny cable channel aimed at the ultra-rich has now been bought by Joseph Varet and Morgan Hertzan, the original founders of another luxury cable network LXTV.
Apparently Jerry Power wasn't joking about Plum TV's sad financial state. The company, which produces local television in luxury markets such as Miami Beach and the Hamptons and for a short while was in the magazine business, announced it has filed for Chapter 11 bankruptcy protection. Meanwhile, ... More >>
Two thousand eleven is almost over, and some of us had better years than others. For most, this year seemed like a downer. But, hey, at least you didn't accidentally spend almost $20K at a strip club, get recalled from office, or embarrass yourself on national television. It really could have bee ... More >>
Back when Jerry Powers agreed to take the reigns as CEO of Plum TV, he had to pay Niche Media, the luxury publishing company he sold Ocean Drive magazine to, $3.5 million to get out of a non-compete clause in his contract. Now that he's resigned from Plum TV after claiming he was misled about the ... More >>
Less than a week after the departure of CEO Jerry Power and a day after mass layoffs were announced, the crumbling Plum TV luxury media empire now faces another loss. President Robert Gregory is leaving to take the same position at Newsweek Daily Beast Co. Of course, considering the state he left ... More >>
Just days after the resignation of CEO Jerry Powers, it seems Plum TV is headed for an uncertain future. Plum airs luxury lifestyle coverage on cable networks in a few high-end markets across America, including Miami Beach, Nantucket and Aspen, and recently launched magazines in Miami and the Ham ... More >>
Powers and his wife, SandiLooks like Jerry Powers is out of the luxury media world once again. The man who practically created the magazine niche of local luxury glossies with Ocean Drive, has resigned as CEO of Plum TV. The resignation comes as Powers is experiencing personal financial struggle.
C. StilesJerry Powers (right) with fashion designer Calvin Klein (center) and Jason BinnOld habits die hard, it seems. Between 1977 and 1984, Ocean Drive founder and current Plum TV exec Jerry Powers was sued 13 times for money owed."I was dependent on drugs when I did those things," he told N ... More >>
Get ready for the battle of Miami's glossy luxury magazines. Niche Media, the parent company of Ocean Drive, has filed a $20 million lawsuit against former ad sales director Eden Williams for allegedly siphoning off high end advertisers to Plum Miami. That's the recently launched magazine-ex ... More >>
Brand Nubian's eyeing you.Ahh, the glory days of the boom-bap era. Remember backpacks, shell tops, and real MCs who actually rapped. Those dudes would have laughed in the face of auto-tune. Well, relive your high school days when classic '90s hip-hop crew Brand Nubian drops a rare performance thi ... More >>
Gerald Posner has apparently landed a TV deal for Miami Babylon, a book that New Times has proved includes dozens of plagiarized passages.
photo by Bill CookeCary Woods, a producer and Plum TV-co-founder, tells the New York Post he plans to turn Babylon into a "tropical" version of T ... More >>
via PlumTVFallen superproducer Scott Storch lost his 20,000-square-foot Palm Island mansion to foreclosure. He paid $10.5 million for the pad in 2006, but SunTrust Bank foreclosed on the property last year and bought it back at auction for $5.5 million. Now the property, known by the cl ... More >>