R.I.P.Q: a time line of the late cable network's rise and fall.February 4, 2004 Frank Olsen, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the publicly traded Triangle Multi-Media Limited, says his company will launch a gay and lesbian cable television network. April 16, 2004 Triangle Television Network renames itself Q Television Network, or QTN QTN Quality Techniques Newsletter (Software Research, Inc.) QTN Time and Place of Departure (radiotelegraphy) QTN Queuing at Transmission Node . July 12, 2004 Broadcasting& Cable magazine reports on Q exec Michael Marcovsky's involvement in two prior financial scandals, and on Q's difficulty convincing cable operators to carry the channel. August 3, 2004 Q announces its lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. of original shows, which includes talk and travel programs. September 8, 2004 Q launches in several urban markets at $8 a month. At its apex it claims to reach 3 million homes; others estimate about 8130 viewers. January 30, 2006 As rumors For other uses, see Rumor (disambiguation). Rumors is a farcical play by Neil Simon. At its start, several affluent couples gather in the posh suburban residence of a couple for a dinner party celebrating their tenth anniversary. of financial problems swirl, Q employees are told their paychecks will be late. A week later, anonymous employees tell The Advocate one of Q's investors dropped out. February 7, 2006 Q shutters its Burbank, Calif., production facility; Employees are laid off. Q resumes February 28 with a skeleton crew The term skeleton crew is used to indicate the minimum number of personnel needed to operate and maintain an item at its most simple operating requirements, such as a ship or business, during an emergency and, at the same time, to keep vital functions operating. , but not all shows return. March 7, 2006 QTN founder Frank Olsen is pushed out as CEO; Asian entrepreneur Lloyd Fan takes over, May 3, 2006 Fan tells Q employees operations are shutting down and all are being laid off. A last-minute rescue is promised but does not materialize ma·te·ri·al·ize v. ma·te·ri·al·ized, ma·te·ri·al·iz·ing, ma·te·ri·al·iz·es v.tr. 1. To cause to become real or actual: By building the house, we materialized a dream. . May 25, 2006 Saying QTN was unable to obtain new funding, Fan announces the network has filed for bankruptcy. Its signal terminated, Q is no more. |
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