Sorry folks, we made a big mistake on this one.
This was originally a story about the asset list of bankrupt mobile entertainment network Amp’d Mobile, and how it included several pages of porn titles. A source, reliable in the past, had sent us a list and pointed us to what he said were pages and pages of porn on Amp’d Mobile’s assets list. We glanced at it: The titles included things like “Doggy Style,” “Hot Dish” (starring a young lady with cleavage), “Gold Diggers” (a series about women who like money, including one titled “Porn Stars”) and “Bush: Stinky or Sweet.” Rather than checking them out, we assumed the source was was correct, and posted. But astute readers have verified that none of it is actually X-rated porn.
So we have pulled the misleading story, and apologize to the company and to its investors for the error.
Here is the company’s list of assets for sale (pdf).
22 Comments
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Jenn said:
This doesn’t look like a dvd list. It’s listed under IP, which would have me think that this is the type of content AMP’d produced in-house to sell to their customers (and for some reason, their receivers think some other company might be interested in purchasing).
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Brandon said:
This is wrong information. You can see that this is Amp’d original programming by going to this link:
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Brandon said:
The link didn’t show for some reason. Here it is again:
http://ampdlive.ampd.com/WhatsHot/AmpdOriginals/GoldDiggers/GoldDiggers.php
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B said:
The link didn’t show for some reason. Here it is:
http://ampdlive.ampd.com/WhatsHot/AmpdOriginals/GoldDiggers/GoldDiggers.php -
Peter said:
Nice research Matt..while Amp’d headlines are fun to read..at least try to be correct in what you are writing..
geez..how misleading.
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Matt Marshall said:
Good catch, Brandon. I’ve adjusted wording. Odd, though, that only the porn is left on their asset list.
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Alex said:
Why only porn is left on their asset list? They believe that is the only thing worth selling. LOL.
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Corey said:
I see you’ve added an update that these are not DVDs, but instead intellectual property of Amp’d, mostly humor series. Even after Brandon sent you links to a couple, you still said in your comment “Odd, though, that only the porn is left on their asset list.”
Here’s a break down of the titles on pages 7-10 of the inventory.
Venice Beach: about life in…Venice Beach California. Looks like most stuff is shot on the boardwalk.
Lil’ Hollywood: animated satire of…Hollywood celebrities. Amp’d gives it a mature content rating, but it’s humor and animated. Not porn.
Lil’ Bush: this one’s aired on Comedy Central. Not porn.
Iron Lunch Lady: Iron chef with cafeteria workers. Satire of a cooking competition show.
Hot dish: cooking show starring a young lady with cleavage, but fully dressed.
Fashion Sense: fashion “news” journal.
Doggy Style: actually related to dogs.
Bush: Stinky or Sweet: about the President of the US of A.
Gold Diggers: about women who like money. Looks like one of the episodes is titled “Porn Stars” so that one might get racy…but it has an “All Audiences” content rating on amp’d’s web site.
So no porn. Sorry to burst your sensationalist bubble with facts.
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Corey said:
More info with link:
They are all amp’d original programming…amp’d owns the rights and has had some episodes produced. You can see them all listed here:
http://ampdlive.ampd.com/WhatsHot/AmpdOriginals/ampdoriginals.phpAgain, none are porn!
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Corey said:
Link:
http://ampdlive.ampd.com/WhatsHot/AmpdOriginals/ampdoriginals.phpAll of the shows listed in the inventory are amp’d’s original programming. Amp’d owns the rights to them and has had some episodes produced.
None of these are porn.
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Corey said:
Feel free to ignore one of those two posts…it took a while to display and I acted very web un-savvy and posted again.
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Hypotheek said:
And everybody on their own room ;-)
“Now, looking at the company’s list of assets for sale (pdf), we find the company spent its financing on things like 50” plasma displays.”
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10668844 said:
I would really like to hear from the VC firms that lost so much, what their explanation is? If anyone can get them on the phone, do it, please.
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Matt Marshall said:
I’ve corrected the story. It is bogus.
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Rex Dixon said:
You get a few wrong every now and again. Thanks for the correction.
I still think that your mention of this is maybe a wake up call for all investors. This time it was bogus - What about next time?
I’m glad that you posted the original story, and I’m hoping that some VC’s take note. This could be FOR REAL next time.
Rex
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sam kreuger said:
Matt,
Your credibility in the VC community is horrible. You keep making mistakes and your reporting is getting weak. Being solo in running a blog is different than being at an established firm. Stop going solo. Your quality is getting worse. You are working with the valleywags and the techrcunchs of the world. They have no editorial and professional experience or perspective. Please Matt stop the slide in quality and stop being valleywag and techcrunch they are in a league of their own - gossip and tabloid. If you go there you will be toast. -
Jo Blo said:
The current trend of blaming poor investigative skills on your sources is boring.
Go away.
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Steen said:
Is there any further information of purchasing an Amp’d asset?
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Tom said:
Wow, Amp’d doesn’t have porn. If you want porn for your mobile phone, go to http://www.tomshark.com I have several free access codes available; email the secret phrase “Amp’d has no porn”
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Brian said:
Two seconds looking at a list of titles and I came across something titled “Anal Sex”.
May be porn, may not, but you can’t argue that they’re putting content up there that I’m not going to be bringing up at the dinner table with my mom/grandmother/daughter-of-13/etc…
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eroc said:
anal
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Hypotheek said:
lot of money going on the industry! unbelievable
15 Trackbacks
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[...] Source:Valleywag So how did Amp’d Mobile, the bankrupt pay-as-you-go cellular service, burn through $360M so quickly? Looks like the company funded high-flying CEO Peter Adderton’s collection of porn DVDs. [VentureBeat] [...]
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[...] Source:Valleywag So how did Amp’d Mobile, the bankrupt pay-as-you-go cellular service, burn through $360M so quickly? Looks like the company funded high-flying CEO Peter Adderton’s collection of porn DVDs. [VentureBeat] [...]
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Amp'd Mobile used Venture Capital to buy porn : Tech That Out said:
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[...] Marshall at Venture Beat has the scoop on what the Amp’d team were spending part of their $360 million in venture capital on: [...]
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