A decade ago, Jeff Kwatinetz was one of Hollywood’s fastest rising executives, a whiz kid from Chicago with a keen ear for rock bands and an eerie ability to foresee how the music business would evolve.
Then he hit a wall. The Firm, Mr. Kwatinetz’s forward-thinking version of a talent management company, imploded in 2008. It was the victim of outsize ambitions most prominently exhibited in an ill-fated takeover of Michael Ovitz’s Artist Management Group.
Now comes Act 2.
After a quiet few years, Mr. Kwatinetz, 46, is again kicking up dust here, and this time he is trying to change the face of television. Prospect Park, his new production and management company, plans to introduce in January the Online Network, a channel that is piped into homes via the Internet.