Web Video Company Tackles YouTube
Stephen Chao was fired from a top position at News Corp. after, in separate incidents, he hired a male stripper to disrobe at a company meeting and nearly drowned Rupert Murdoch's dog at a party.
Now he is forming a Web video company that he hopes to build into an educational alternative to YouTube.
The site, WonderHowTo.com, aggregates how-to videos, from the mundane, (like "how to tie a tie" and "how to market your lawn-care business in the winter") to the strange ("how to do Criss Angel's vanishing toothpick trick") and the off-color ("how to train your cat to use the toilet") and beyond.
Chao says the business melds his two primary interests: a fascination with the bizarre -- he worked as a National Enquirer reporter after graduating from Harvard -- and the media frontier.
"I'm a video freak and I love turning over rocks and finding stuff," he said by telephone in advance of a formal announcement Wednesday. "What I started to notice is that there is a lot of how- to information out there that is fabulous but kind of hard to find. We set out to make it easy."
Chao's resume includes his high-profile stint at the News Corp., where he helped create "America's Most Wanted" and "Cops" for Fox, as well as time at media companies run by Barry Diller. But Chao, 52, is perhaps best known for one of corporate America's most spectacular flame-outs.
In 1992, Murdoch fired Chao, considered a gifted but quirky executive, after Chao engaged a man to remove all of his clothes during a speech being delivered at a company management retreat.
The purpose was to drive home a point about decency, but Murdoch, seated in the audience next to Dick Cheney, then the U.S. secretary of defense, was not amused.
Now, after spending the better part of the last decade doing consulting work and surfing near...
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