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AntEye Closes Its Eyes

AntEye has closed its eyes and its doors. The Los Angeles Netcaster shut down on Friday, December 15, 2000 and laid off its 20 employees. The company decided to finally close up shop after finding a buyer was unsuccessful. Matti Leshem, company CEO, told the DAILY VARIETY, "The party is over. We're shutting for the same reason that everyone else has; the market can't support this kind of company. Building media companies with venture capital was not the right business plan." AntEye debuted in April of this year and produced the syndicated Webtoon LET ME HOLLER @ YA as a promotional tool for D.L. Hughley's UPN series, THE HUGHLEYS.

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Rick DeMott
Animation World Network
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