BNET Industries
Market Cap:$233.3M
Last Fiscal Year Sales:$29.1M
- Public
- US
Dow Jones Description
Investment Fund
President
Clifford M. NoreenContact Information
c/o Babson Capital Management LLC 1500 Main St Ste 600
Springfield, Massachusetts 01115
(413) 226-1516
Peer Companies
NAICS Code Floor Covering Stores: 442210
News & Analysis
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mci inc. and tv - All News and Analysis
MCI SCALES BACK ON ITS `WILD WEST' AD TIE-INS: MEDIA SUPPORT SLICED TO $3 MIL; OTHER CUTS MADE.(MCI WorldCom cuts TV ad budget)(Brief Article)
- 1999-05-03
MCI WorldCom is trimming its planned media spending for one of its major entertainment-marketing deals, as well as making cutbacks in other TV venues. MCI WorldCom is trimming its planned media spending for one of its major entertainment-marketing deals, as well as making cutbacks...
Administration eyes foreign ownership caps for DBS.(Clinton administration, direct broadcast satellite television services)
- 1997-05-12
Request prompted by News Corp., BT deals with MCI The Clinton administration wants the FCC to take a fresh look at placing foreign ownership caps on DBS operators. In a letter last week to FCC Chairman Reed Hundt, the...
MCI's DBS license survived more court challenges last week. (direct broadcast satellite television)(Brief Article)
- 1997-04-21
EchoStar had contested the FCC's decision not to redistribute reclaimed DBS channels to companies already holding DBS permits. DirectTV had ... EchoStar had contested the FCC's decision not to redistribute reclaimed DBS channels to companies already holding DBS permits. DirectTV had challenged...
MCI launching cable, 'Net service. (cable television, Internet)(Brief Article)
- 1997-03-24
NEW YORK--MCI Corp. is following the path of fellow telecommunications companies by getting into the cable and high:speed Internet access business. NEW YORK--MCI Corp. is following the path of fellow telecommunications companies by getting into the cable and high:speed Internet access...
Cable fights ASkyB's DBS plan. (direct broadcast satellite television service)(Brief Article)(Cover Story)
- 1996-11-25
ASkyB has some new foes in the cable industry. Cox Communications, Primestar and the National Cable Television Association last week joined Time Warner in asking the FCC to hold off on granting MCI a DBS license until officials review the impl ...
TelQuest blasts ASkyB local-TV scheme.
- 1996-08-12
WASHINGTON - The U.S. Copyright Office might rule this week on a request from News Corp. and MCI Communications Corp. to combine local TV signals and regular direct-broadcast satellite service into a single package to compete with cable. But the slots that News Corp....
TCI defends Canadian DBS deal.(Tele-Communications Inc., direct broadcast satellite television, MCI, News Corp.)(Brief Article)
- 1996-06-03
MCI and News Corp. knew what they were getting into when they bid nearly $700 million for U.S. DBS spectrum, says TeleCommunications Inc.'s Bob Thomson. MCI and News Corp. knew what they were getting into when they bid nearly $700 million for U.S. DBS...
Going for it in DBS; consumer service, to be headed by Fox's Padden, wants to include local TV. (American Sky Broadcasting Chairman Preston Padden, digital broadcast satellite television)
- 1996-04-29
Consumer service, to be headed by Fox's Padden, wants to include local TV When it goes into business late next year, the satellite broadcasting venture of Rupert Murdoch's News Corp. and MCI will provide the same cable programing as do its compet ...
Telecom giants in sat TV.(AT&T and MCI enter small-dish satellite television business)
- 1996-01-29
Telecommunications giants AT&T and MCI are taking steps to enter the small-dish satellite television business. AT&T plans to offer DirecTv Inc's Digital Satellite System directly to AT&T subscribers. MCI and News Corp, by bidding nearly $700 mTelecommunications giants AT&T and MCI are taking steps to enter the small-dish satellite television...
Primestar loses lock on DBS slot. (Tempo DBS; $175 million bid for 27 channels)(direct broadcast satellite television)(Brief Article)
- 1995-10-16
MCI's $175 million offer for disputed channels forces FCC into auction MCI stymied Primestar's DBS plans last week with a last-minute, $175 million "bid" for the disputed channels. The action halted an FCC plan--which was one vote shy of approval--to give...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Clifford M. Noreen | President |
| William J. Barrett | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald Glickman | Board of Directors |
| Marshall D Butler | Board of Directors |
| Martin T. Hart | Board of Directors |
| Robert E. Joyal | Board of Directors |
President (since 2008), Vice Chairman (2007-2008), Member of the Board of Managers (since 2006), Managing Director, Babson Capital; President (2005 - 1/2009), Vice President (1993- 2005) of the Trusts. Vice President (since 1996), HYP Management LLC (LLC Manager); Director (since 2005), MassMutual Corporate Value Limited (investment company); Director (since 2005), MassMutual Corporate Value Partners Limited (investment company); Senior Vice President (since 1996), MMHC Investment LLC (passive investor); Managing Director (since 2006), MassMutual Capital Partners LLC (investment company); Director (since 2008), Jefferies Finance LLC (a finance company); Member of Investment Committee (since 1999), Diocese of Springfield.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | President | Current |
| MassMutual Corporate Investors | Chair of Board | Current |
Chairman (since 1992), Donald Glickman and Company, Inc. (private investments); and Partner (since 1992), J.F. Lehman & Co. (private investments). Director (since 1984), Monro Muffler and Brake, Inc. (automobile repair service); and Lead Director (since 1998), MSC Software Corp. (simulation software).
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Participation Investors | Board of Directors | Current |
| Monro Muffler Brake, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Infinity Venture Capital Fund | Chairman of the Board | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Alpha Technologies | Board of Directors | Current |
| Kyocera Corporation | Director | Former |
MARTIN T. HART has been a director of ValueClick since March 1999. Mr. Hart has been a private investor in the Denver area since 1969. He has owned and developed a number of companies into successful businesses, and has served on the board of directors for many public and private corporations. Presently, Mr. Hart is serving on the board of the following public companies: MassMutual Corporate Investors, an investment company; MassMutual Participation Investors, an investment company; Texas Roadhouse, a restaurant chain; and Spectranetics Corporation, a medical device company. He also continues to serve on the board of directors of several private companies. Mr. Hart graduated with a B.A. from Regis University and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| ValueClick, Inc. | Director | Current |
| Private Lessons Channel | Board Member | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Mediaplex | Director | Current |
| Texas Roadhouse, Inc. | Board of Directors | Current |
| The Spectranetics Corporation | Board Director | Current |
| Willie's Corner | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Beacon Power Corporation | Current | |
| Private Equity | Director | Current |
| Scottish Re Limited | Board of Directors | Current |
| Corporate Governance | Board of Directors | Current |
| Alabama Aircraft Industries, Inc. | Director | Current |
| Jefferies Group, Inc. | Director | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Corporate Investors | Trustee | Current |
| MassMutual Corporate Investors | trustee | Former |
William J. Barrett , 69, Secretary of the Company since 2001, was a director of the Company from 1996 to 1997 and rejoined the Board of Directors in 2001. Mr. Barrett is President of Barrett-Gardner Associates, Inc., a private merchant banking firm; Director of MassMutual Corporate Investors and MassMutual Participation Investors, closed-end investment trusts; Director, Executive Vice President, Assistant Treasurer and Secretary of Supreme Industries, Inc., a specialized manufacturer of truck bodies and shuttle buses; Director of TGC Industries, Inc., a geophysical services company; and Chairman of the Board of Rumson-Fair Haven Bank and Trust Company, a New Jersey state independent, commercial bank and trust company.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Director | Current |
| Chase Packaging Corp | Secretary | Current |
| Tgc Industries, Inc. | Director | Current |
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