Vince Stanzione (born 1968/1969)[1] is a British entrepreneur.
Vince Stanzione | |
|---|---|
 | |
| Occupation(s) | Financial Trader, Author, Entrepreneur |
| Website | www.vincestanzione.com |
Stanzione first worked as a hairdresser in his family's business in Luton before becoming a currency trader in the 1980s.[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 kept callers on premium-rate telephone numbers waiting longer than necessary.[1] 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] TV Commerce Holdings plc became a shell company known as Gemstones of Africa in 2009.[6]
In 2013 he published a book, The Millionaire Dropout which was listed in the New York Times list of bestselling books[7] and USA Today bestselling books.[8]
References
edit- ^ a b c d Nic Fildes (25 November 2006). "Media regulators crack down on digital television channels". The Independent. Archived from the original on 2022-08-17.
- ^ "Yes it really could be you". London: The Observer. July 25, 1999. Retrieved 2009-04-08.
- ^ Insley, Jill (November 16, 2003). "Hi-tech messiah who wants to spread his betting secret". London: The Observer. Retrieved 2009-04-08.
- ^ 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.
- ^ "Float of the Week TV Commerce". Investors Chronicle. January 2005. Retrieved 2014-03-17.
- ^ "TV COMMERCE HOLDINGS PLC; RESULT OF EGM AND PROPOSED NAME CHANGE". January 29, 2009. Retrieved 2009-04-08.
- ^ Cowles, Gregory (June 16, 2013). "Best Sellers Books Paperback Business Books". New York: The New York Times -. Retrieved 2014-03-15.
- ^ "Best Sellers Books Paperback". New York: USA Today -. May 23, 2013. Retrieved 2014-03-26.