Back before Internet Economy became the punch line to a bad joke, when web-savvy 20-somethings were going to reinvent Hollywood — you know, four years ago — the New Media all chased the rise, then fall, of the company known as Digital Entertainment Network. Reporters scampered to get the inside dirt on chairman Marc Collins-Rector, who squandered DEN's money on a party mansion in the Encino hills and stocked it with underage boys from out of state. He took off in 2000, was captured in Spain in 2002, and recently pleaded guilty to federal charges of transporting minors for sex. An AP story up at USA Today.com reports that Collins-Rector is being held for sentencing in New Jersey.
* Those old days: Mack Reed revisits them at LAVoice.org.