What is Digital Entertainment Network (DEN) and who is behind it? Here's how it is linked to alleged child sex ring
OpDeathEaters have unleashed reports of horrific sexual assault allegations against the co-founders of the company and have also linked it to the sexual assault against Singer
In the late 1990s, Marc Collins-Rector and his partner Chad Shackley started a company named Digital Entertainment Network (DEN), which was an online streaming video broadcaster and notable dot-com failure.
Born Mark John Rector, Rector changed his name in 1988. He started his entrepreneurial journey after he founded a Florida-based telecommunications company named Telequest in the early 1980s and founded World TravelNet, a company that electronically coordinated cruises and tours in 1984 and its affiliate, World ComNet, in 1987. While the company briefly peaked at $100M value, the competitive market soon led to its bankruptcy.
In 1991, Rector teamed up with Shackley and together they founded an early ISP; Concentric Network, which they later sold to start DEN. As per reports, Jim Ritts resigned as commissioner of the Ladies Professional Golf Association to become chairman of DEN in February 1999. An online precursor to YouTube and Netflix, the company's goal was to "deliver original episodic video content over the Internet aimed at niche audiences". At 17, Brock Pierce was named a DEN executive vice president with a reported salary of a quarter-million a year.
While in May 1999, DEN announced that its business model had earned them $26M in investments from Microsoft, Dell, Chase Capital Partners, and others. In September 1999, Microsoft announced that DEN was one of their partners in the Windows Media Broadband Jumpstart initiative and the company value rose to $58.5M. Big names like former Walt Disney Television president David Neuman, Garth Ancier, David Geffen, Gary Goddard and Bryan Singer soon invested in the company.
However, in the wake of sexual assault allegations against Rector, Shackley and fellow executive Pierce, the $75M IPO in October 1999 was withdrawn. The three soon resigned from the company and many more layoffs continued. Soon, a new executive team led by former Capitol Records president Gary Gersh and former Microsoft executive Greg Carpenter took over and planned for a relaunch. However, DEN finally filed for bankruptcy and shut down in June 2000.
In a shocking Twitter thread, OpDeathEaters have unleashed reports of horrific sexual assault allegations against the co-founders of the company and have also linked it to the sexual assault against Singer. "Chad Shackley, who had been groomed by Collins-Rector in an online chatroom, dropped out of high school and moved in with the predator when he was 15 and Collins-Rector was 31. In 1991, the two founded an early ISP, Concentric Network and other startups," they said and added, "The pair moved to a 12,616-square-foot mansion in Encino, California. The mansion was called the M&C (Mark and Chad) estate, and according to The Hollywood Reporter, 'The wild parties were hardly a secret'."
Linking Singer to the duo, one tweet alleges: "Bryan Singer introduced Shackley & C-R to 16-year-old Disney child actor Brock Pierce who then moved in with them. Pierce played the young version of Emilio Estevez's character in Mighty Ducks (brother of Charlie Sheen who is accused by Corey Feldman of raping child actor Corey Haim)."
"But perhaps the strangest twist in this strange story is why Collins-Rector fled the country in the first place: He believed that Geffen, his investor and one of the most powerful men in Hollywood, wanted to destroy him," they added. If the tweets are to be believed, Collins-Rector lived happily ever after, reportedly in the Dominican Republic for a bit and are now in Belgium.