March 10, 2008

Spielberg’s Ghost Venture Backed By Terry Semel

Michael Arrington

19 comments »

Update to our post last week about Steven Spielberg’s new Ghost and UFO based social network: We still don’t have the name of it, but it is being referred to as “Ghosts” to outsiders they are pitching it to (I still prefer “Ghost Town”). They will be putting a big focus on original video content (think Twighlight Zone-type stuff) with a permanent host. We’ve heard of a couple of people they’ve approached for the job.

And most interesting - the project is being created in partnership with the secretive Windsor Media, Terry Semel’s investment firm. Windsor was created by Semel before he went to Yahoo. It was put on hold during his tenure there, but fired up again after his departure last year.

Semel and Spielberg are longtime friends, and so it’s natural that the two would be working together on the project. But the big question is, when will this launch? Stay tuned for that, we’re still digging.

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  1. james

    one way to make a vital company into a ghost is to add Semel to it

  2. MikeT

    the old wolf Spielberg is running out of ideas.
    if he just retired he’d have had a much more glorious exit.
    too bad he got into it :(

  3. Everett

    LOL @ #1

  4. Ujwal

    ghost busters ??

  5. rubyfu

    @ James…

    You are so damn right man !!!! lol

  6. Jeremy

    Who am I to doubt Spielberg, but this reminded me of when Lou Dobbs left CNN to join Space.com in round 1.

  7. nitsuj

    #1 FTW!!

  8. sourceroot

    Cumon guys, HES SERIAL!!!

  9. Fabian Schonholz

    Semel, Spielberg, Gates, Jobs, etc … all the way to the bank man! While the rest of us can blame them for making millions ;) Let’s get real, shall we?

  10. Brad

    It’s possible that the venture will be Ghosts.com which has an interesting whois: http://whois.domaintools.com/ghosts.com

    While, at the surface, it seems to be just a hobbyist site the admin contact belongs to Sirius, so who knows…

  11. Jay, writer Memberspeed.com

    Interesting. I’ve never really come across a social network or a site featuring supernatural subjects backed up by big time people in the industry. Steven Spielberg and Terry Semel no less. I’m curious to see how this all turns out. Will it be successful or will it just turn into a flop?

  12. Spitzer

    Terry Semel Phone Home

  13. Joe DeLeon

    Wouldn’t something about aliens be more appropriate? I bet you could make a killing with something like http://www.alienster.com

  14. Mike McNeeley

    Ghost Town is better than Ghosts

  15. Erik

    Terry Semel has lost it like his buddy Lloyd Braun on Seinfeld. I bet he’s working the phone and after he hangs up, telling Spielberg with a big smile, “We’ve got another Ghost partner lined up, Mr. Spielberg!”. Meanwhile the phone is unplugged. Spielberg will be doing “Serenity Nows” any time now.

    Seriously, though, how many American icons can Semel take down? First Yahoo, now Spielberg. Hoochie mama!!

  16. Forumistan

    Steven Spielberg Rulez!

  17. oneside

    “Ghost Town” sounds great, btw Spielberg really rulez!

  18. X-Yahoo!

    I believe the working title was “Rising” at Yahoo. I believe editorial is also under the impression that Yahoo retains the rights. Looking forward to this one playing out.

  19. Guruvardhan

    name sounds gr8…… :)

    http://www.80feetroad.blogspot.com