Let it never be said that people on this board are stupid. We all knew this "we're doing well" shit was all bullshit every god damn step of the way.
Shit, I told Weber to cash his checks as soon as he got them, right when this thing started.
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| Sherman: Checks bounce at Webio; North out https://mail.chicagofanatics.com/viewtopic.php?f=156&t=33455 |
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| Author: | Reared on the Score [ Fri Jun 12, 2009 8:04 pm ] |
| Post subject: | Sherman: Checks bounce at Webio; North out |
Long time lurker, proud to make this my first post: http://www.chicagobusiness.com/cgi-bin/article.pl?page_id=2317&plckController=Blog&plckScript=blogScript&plckElementId=blogDest&plckBlogPage=BlogViewPost&plckPostId=Blog:f5555513-c950-4657-a93a-80db16fdf4adPost:ef51a3df-0a26-4ae3-a5a3-aadec14950b0&sid=sitelife.chicagobusiness.com&seenIt=1 Quote: It was a wild day at Chicagosportswebio.com Friday.
The new Internet sports talk site outlet had checks to its employees bounce this week. Then late in the afternoon, David Hernandez, the CEO of Spectrum Entertainment, fired Mike North, his wife BeBe and Jeff Schwartz, who helped found the station. Mr. North said he was fired by Mr. Hernandez after questioning him about Webio's finances. He said 12 checks bounced a couple of weeks ago, and as many as 30 this week. "When people's checks started to bounce, we wanted to find out why," Mr. North said. "He never responded to our emails and phone calls." Mr. Hernandez could not be reached for comment. On Monday, he told Crain's that Webio was making a profit. Many people in the industry doubted Mr. Hernandez's claim. The station launched in April. Mr. Hernandez spent considerably on marketing with TV ads and billboards. He also brought in personalities such as Chet Coppock and former boxer Ray "Boom-Boom" Mancini, signing them and others to two-year contracts. Mr. North said he hopes to to take over Webio. His "Monsters in the Morning" show on Comcast SportsNet was simulcast on Webio. "I still think it is a tremendous idea," Mr. North said. |
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| Author: | RFDC [ Fri Jun 12, 2009 8:11 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
wow |
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| Author: | Beardown [ Fri Jun 12, 2009 8:22 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
| Let it never be said that people on this board are stupid. We all knew this "we're doing well" shit was all bullshit every god damn step of the way. Shit, I told Weber to cash his checks as soon as he got them, right when this thing started. |
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| Author: | Beardown [ Fri Jun 12, 2009 8:24 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Fuckin' North. He says he wants to take over. Yeah, right. You want to be financially responsible when you see the guy you suckered go under. |
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| Author: | Beardown [ Fri Jun 12, 2009 8:30 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
This also means that Hernandez will pull out of North's Comcast show. He was their main sponsor with "Next Step". So now Comcast will end that show shortly. |
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| Author: | Hawkeye Vince [ Fri Jun 12, 2009 8:48 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Interesting in here is that Jiggs and Patterson are still 'employed'. You have to wonder what happens Monday. I might actually wake up early to see the train wreck on CSN. |
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| Author: | Beardown [ Fri Jun 12, 2009 8:54 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Jiggs and Jiggles weren't employed by Webio. They were a part of the Comcast TV show. It's just aired on sports webio. North was GM of Webio. Bebe had some made-up position and Space Ball was in charge of ads. They fuckin took on 25 to 30 employees. They were paying big money for ads on TV and at the Sox games. Of course checks were gonna bounce. They didn't have any good talent and it's tough for regular media outlets to get sponsors in these times. |
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| Author: | RFDC [ Fri Jun 12, 2009 8:54 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Yeah I was just wondering what actually this means? Is the show still on comcast, but not webio? What does this mean for the other guys on webio? |
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| Author: | Beardown [ Fri Jun 12, 2009 9:01 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
RFDC wrote: Yeah I was just wondering what actually this means? Is the show still on comcast, but not webio? What does this mean for the other guys on webio? He'll file for bankruptcy on this business. Those contracts won't mean anything once that happens. They're all screwed. The show will still be on Comcast for a while but not for long. Like we all predicted, it won't last a year. |
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| Author: | SHARK [ Fri Jun 12, 2009 9:03 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
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| Author: | RFDC [ Fri Jun 12, 2009 9:07 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Man that sucks for guys like Webby and Freddy, I really like them. I would rather have them in the morning slot on the Score than M&H. |
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| Author: | Beardown [ Fri Jun 12, 2009 9:10 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Yeah. Not so much for Fred cuz he was a last minute add. He had nothing going so this doesn't matter to him. Weber was a producer at the Score and he was starting to get "air time". Now there is no room for him. All producers are with their shows and they have to find air time for Larry and Murph. |
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| Author: | Beardown [ Fri Jun 12, 2009 9:12 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
You think AM 820 is gonna take them on after reading this? Shit, Hernandez said that was gonna happen a couple of days ago. He said they were making a profit too even though that SOB knew he was bouncing checks for a couple of weeks. |
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| Author: | aparicio [ Fri Jun 12, 2009 9:18 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Don't want to say I told you so but I told you so. JohnKirk=David Hernandez North gone again....what a joke
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| Author: | aparicio [ Fri Jun 12, 2009 9:24 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Bet that idiot Teddy Greenstein feels like one lucky SOB. He's lucky the Trib didn't let him go and made him stay at his $32K per year job....hey he's got that going for him
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| Author: | aparicio [ Fri Jun 12, 2009 9:42 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
What can you do with a Chicagosportswebio check?   
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| Author: | Mr. Belvidere [ Fri Jun 12, 2009 9:54 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
I is speechless. cant wait for the "north spin" I'm snickering like a mischievious school girl. |
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| Author: | Beardown [ Fri Jun 12, 2009 9:59 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
You can see what Hernandez was trying to do. He was trying to get a radio station to be a partner/sucker before it was realized that he was bleeding money. He was trying to get in publicized that he was making a profit. He couldn't pull it off. He had to fire North and North went to Sherman so it's out in the open. |
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| Author: | Mr. Belvidere [ Fri Jun 12, 2009 10:02 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
What will he do now? Isnt Hernandez the MAIN sponsor for the sponsorless Monsters show? In this economic time, Who's gonna pay that tab? This has to go deeper than just bouncing checks. I bet he missed some promised advertisement paymnts for Norths Comcast telecast. Look out David! Fritzy and Knuckles are lookin for ya. Someones got to pay! |
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| Author: | StreetDoc67 [ Fri Jun 12, 2009 10:06 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Sooooooo . . . just how much do you think the guys who jumped ship from the Score wish they had that to do over again? |
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| Author: | Darkside [ Fri Jun 12, 2009 10:07 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
So North has lost three jobs in a year? |
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| Author: | Mr. Belvidere [ Fri Jun 12, 2009 10:10 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
http://blogs.suntimes.com/sportsprose/2 ... chica.html |
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| Author: | Supercup [ Fri Jun 12, 2009 10:16 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
lovin it |
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| Author: | aparicio [ Fri Jun 12, 2009 10:19 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
 "I still think its a tremendous idea".
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| Author: | Bucky Chris [ Fri Jun 12, 2009 10:22 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Don't blame North for this one, it's on David. He's in big big trouble. Big trouble. |
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| Author: | SHARK [ Fri Jun 12, 2009 10:23 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
I wonder if the checks bouncing mean that ChicagoSportsWebio.com altogether will soon be no more... 
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| Author: | Beardown [ Fri Jun 12, 2009 10:24 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
http://www.youtube.com/watch?v=4sTP994tOMk |
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| Author: | Mr. Belvidere [ Fri Jun 12, 2009 10:24 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
poor shorty george... |
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| Author: | Supercup [ Fri Jun 12, 2009 10:25 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
Chris in St. Charles wrote: Don't blame North for this one, it's on David. He's in big big trouble. Big trouble. And Hernandez has nobody to blame but himself for listening to a complete fucking loon named Mike Nort. Thats like listening to a child molester on tips on how to babysit. |
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| Author: | Jalapenos and More [ Fri Jun 12, 2009 10:25 pm ] |
| Post subject: | Re: Sherman: Checks bounce at Webio; North out |
I'm sure Ed Sherman will apologize for his lack of journalistic diligence. Like I wrote 2 days ago (I think), if Hernandez created a separate business entity for the webio—like an LLC or S-corp—he can just dissolve the business, keep his company, keep his personal assets and stiff everyone involved. |
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