Sports firm, helped by state, builds new studios - WFSB 3 Connecticut

Sports firm, helped by state, builds new studios

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HARTFORD, CT (AP) -

A multimedia company for golf and its fans is building new studios in Hartford, helped by $1.1 million in state aid.

Gov. Dannel P. Malloy announced Tuesday that Back9Network Inc. is establishing a new headquarters and will launch a multi-platform cable golf network. The project is expected to create hA multimedia company for golf and its fans is building new studios in Hartford, helped by $1.1 million in state aid.
    
Gov. Dannel P. Malloy announced Tuesday that Back9Network Inc. is establishing a new headquarters and will launch a multi-platform cable golf network. The project is expected to create hundreds of jobs over an unspecified period and help boost Hartford's downtown.
    
Malloy says Connecticut is becoming a sports-oriented digital media destination that includes ESPN in Bristol and NBC Sports in Stamford.
    
Back9Network's programming will include interviews, celebrity profiles and reality and comedy series. It's moving within Hartford.
    
The state aid includes a 10-year, $750,000 loan at 1 percent interest that the firm has matched with $5 million, a $100,000 matching grant and a five-year, $250,000 loan at 2 percent interest. Hundreds of jobs over an unspecified period and help boost Hartford's downtown.

Malloy says Connecticut is becoming a sports-oriented digital media destination that includes ESPN in Bristol and NBC Sports in Stamford.

Back9Network's programming will include interviews, celebrity profiles and reality and comedy series. It's moving within Hartford.

The state aid includes a 10-year, $750,000 loan at 1 percent interest that the firm has matched with $5 million, a $100,000 matching grant and a five-year, $250,000 loan at 2 percent interest.