As reported by Ron jackson in DNJournal’s Lowdown section:
“If you need any further evidence of how the Internet is superseding traditional mediums like newspapers, radio and TV, you need look no further than Chris Chena. The 29-year-old Chena got started in the domain business just a few years ago when he began acquiring top
quality Spanish language generic .coms so he could build full service websites on those properties to serve the Hispanic market. Chris and I became acquainted early on through DNForum.com (where he is known as krisblade) and found we had a lot in common as we had both come into this business after working as TV reporters. So I watched with special interest and admiration as Chena built one newly acquired domain after another into an Internet powerhouse.He became so successful that I ended up writing a DN Journal Cover Story about him in July 2005. Since then Chena’s empire has continued to grow and prosper, so much so that he just acquired ownership of Paraguay’s TV Channel 13, one of the oldest and most popular stations in his native country, and two associated radio stations - Cardinal AM and Cardinal FM.”
More from DailyDomainer:
Here’s a quick translation of the official announcement which was released earlier today (Oct 18):
Acquisition of 80% of the Shares of Canal 13
This communication serves to inform the press and general public of a commercial relationship that was initiated on October 15 2007 with Teledifusora Paraguaya S.A. (Canal 13):
1. On the mentioned date, Christian Chena acquired 80% of the shares of Teledifusora Paraguaya S.A. (Canal 13, Radio Cardinal AM y FM)
2. One of the primary reasons of this acquisition is to make sure that this important medium of communications and source of work for local media professionals remains in Paraguayan hands, with the goal of improve all parts of the company and increasing its national production.
3. This communication is issued with the goal of guaranteeing the peace of mind of all TV viewers, employees and clients of Canal 13.
4. The remaining 20% of shares remains in possession of the family López Moreira, which is represented by Jorge Santiago López Moreira.
Jeff says: “Good move!”
Great timing: Domain investor Frank Schilling just wrote a related post about Domain Names the New Network TV Affiliates.
Congrats Chris!
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