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  September 5, 2001
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Home > Company Index > Telecommunications > Cable TV & Satellite Systems > 5th Avenue Channel Corp.

5th Avenue Channel Corp.
OTC: FAVE
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 PROFILE
5th Avenue Channel is doing five things at once. It operates a wireless cable TV network in LaCrosse, Wisconsin (offering 22 channels to about 750 subscribers), and its cable TV channel and Web site provide financial information, including stock market analysis, financial tools, and interviews. The company has shifted its focus to developing subsidiary NetVideoNetworks, which supplies streaming Web video on demand and TV programming on a contract basis. The firm also provides Internet access through subsidiary Go2America. In addition, 5th Avenue sells consumer products (including cosmetics) to retail stores, on TV, and through wholesale distributors. Chairman and CEO Mel Rosen owns 56% of the company.

 COMPETITION
AT&T Broadband (dossier)
Charter Communications, Inc. (CHTR)
USA Networks, Inc. (USAI)

 DEALS
Deal: 5th Avenue Gets $12 Million in Financing
Date Announced: 04.07.00
Value of transaction (US $Mil): 12
Description: Web content production company receives $12 million in equity financing.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3.50
1-Yr. Sales Growth: (8.1)%
Employees: 54
Revenue per employee: $64,814.81

 KEY PEOPLE
• Melvin Rosen
    CEO
• Aurelio Alonso
    CFO

 CONTACT INFO
3957 NE 163rd St.
North Miami Beach, FL 33160
US
Phone: 305-947-3010
Fax: 305-919-8154
Online: Web Site

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