Back9Network eliminating 35 full-time positions, sues former CEO
The Back9Network, the new golf lifestyle channel that made its debut Aug. 29 on DirecTV, is eliminating 35 full-time positions, the Hartford Business Journal reported.
CEO Charles Cox called it "a thoughtful strategy that will allow the network to remain competitive and produce engaging content while growing the golf lifestyle," in a statement provided the Hartford Business Journal.
Meanwhile, the network is suing its former CEO Jamie Bosworth, according to the Hartford Courant, which reported that he "expressed doubts about the company's ability to succeed to investors and potential investors while he was leading the company -- and continued doing so after he left, the company says in a Superior Court lawsuit against him."
The suit claims that the network sent him a cease-and-desist letter in October, but that "he continued to criticize the company's management and programming," the Courant reported.
Ten days ago, the Courant reported that the network had "delayed payroll payments to some employees last week but made the payments on Friday and remains on track in its growth strategy, a company official said."