Todd Wagner

TODD WAGNER

Place of Birth : Gary, Indiana

Places lived : Gary

Net worth : $1.5 Billion

Todd R. Wagner, 49, is the co-founded Broadcast.com and now co-owns 2929 Entertainment with Mark Cuban, along with other entertainment properties and has also founded the Todd Wagner Foundation. The Broadcast.com IPO set an opening-day record, with shares climbing 249% from an offering price of $18 to a closing price of $62.75.

In 1999, Wagner and Cuban sold Broadcast.com to Yahoo! for $5.7 billion, making 300 employees millionaires and Wagner and Cuban instant billionaires. In 1995 he joined up with fellow Indiana alum Mark Cuban and the two launched AudioNet, broadcasting live sporting events and radio stations over the Internet, at first with only a Packard Bell 486 PC and a single ISDN line.

The Broadcast.com IPO set an opening-day record, with shares climbing 249% from an offering price of $18 to a closing price of $62.75.

“Why do we make the assumption that five months later people are still interested in your product?”

“We want the exhibitors to be a part of this because they should be and from my perspective, they always should have been.”

“In this world, people don’t want to wait.”

“Landmark has always had a tremendous commitment to promoting independent film. Having Mercury as such an important and strategic ally in our continued efforts will immediately create opportunities essential to the continued growth and success of independent film.” The Foundation was created by Todd Wagner, CEO of 2929 Entertainment.