Vince Stanzione

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Vince Stanzione
Occupation Entrepreneur
Website
www.vincestanzione.com

Vince Stanzione (born 1968/1969)[1] is a British entrepreneur.

Stanzione first worked as a hairdresser in his family's business in Luton before leaving in the early 1980s to become a currency trader.[1] After losing his savings in the 1987 stock market crash, Stanzione started mail order sales of mobile phones. In 1999 The Observer reported that he was worth over £1 million.[2]

He returned to trading in financial markets and had a financially successful strong run in commodities, making over £2 million from spread betting with firms such as IG Index. In 2003 he was running courses teaching people how to spread bet.[3]

In 2004 he launched The Advert Channel which was the world's first television channel dedicated to television commercials.[4] In 2005 the parent company floated on the UK Alternative Investment Market AIM as TV Commerce Holdings Plc (TVC).[5] In 2006 regulators ruled that one of the channels owned by TVC had deliberately keep callers on premium-rate telephone numbers waiting longer than necessary.[1][6] The company was fined by ICSTIS, the channel was forced to close, TVC's share price fell by over 50 % as a result and TVC warned that it may no longer be viable.[1][6] TV Commerce Holdings plc became a shell company known as Gemstones of Africa in 2009.[7]

In 2013 he published a book, The Millionaire Dropout which was listed in the New York Times list of bestselling books[8] and USA Today bestselling books.[9]

References[edit]

  1. ^ a b c d Nic Fildes (25 November 2006). (subscription required) "Media regulators crack down on digital television channels". The Independent. 
  2. ^ "Yes it really could be you". London: The Observer. July 25, 1999. Retrieved 2009-04-08. 
  3. ^ Insley, Jill (November 16, 2003). "Hi-tech messiah who wants to spread his betting secret". London: The Observer. Retrieved 2009-04-08. 
  4. ^ Ives, Nat (July 26, 2004). "Commercial television in Britain means just that: a channel devoted to nothing but commercials". New York Times. Retrieved 2009-04-08. 
  5. ^ "Float of the Week TV Commerce". Investors Chronicle. January 2005. Retrieved 2014-03-17. 
  6. ^ a b Robert Lea (24 November 2006). "Rip-off ruling rocks Sky TV firm". This is Money. 
  7. ^ "TV COMMERCE HOLDINGS PLC; RESULT OF EGM AND PROPOSED NAME CHANGE". January 29, 2009. Retrieved 2009-04-08. 
  8. ^ "Best Sellers Books Paperback Business Books". New York: The New York Times -. June 16, 2013. Retrieved 2014-03-15. 
  9. ^ "Best Sellers Books Paperback". New York: USA Today -. May 23, 2013. Retrieved 2014-03-26. 

External links[edit]