Exec likes sci-fi-fantasy-horror site's 'business model'
Jeff Sagansky, president and CEO of Pax TV, has joined the board of directors of Fandom Inc., a Web service dedicated to the interests of sci-fi, fantasy and horror aficionados.“Fandom is consolidating a huge but highly fragmented market into a all-inclusive genre entertainment destination,” Sagansky said. “I am excited by their business model, especially since it focuses on elevating and advancing the genre entertainment industry on the Internet.” Fandom.com has an online store and an auction area alongside news articles, reviews and chat rooms. Chip Meyers, president and co-founder of the Santa Monica-based Fandom, said Sagansky provided part of the $16 million in funding that the site raised during its second round of financing, which closed last month. He declined to say how much Sagansky contributed. “Part of Fandom’s goal is to get massive multiplayer gaming on our site,” Meyers said. Sagansky “was president of Sony when they were building PlayStation and Everquest, and he’ll now really be helping us in our original content and gaming area.” Prior to joining Sony, Sagansky was president of CBS Entertainment, where he assisted in the development of skeins like “The Nanny,” “Northern Exposure” and “Picket Fences.” From 1989-90 he was president of TriStar Pictures; he was prexy of production for the studio from 1985-89.