Charlie Ergen Lake Tahoe Entertainment Hollywood Inside MGM and Charlie Ergen Lake Tahoe

"Blank Check" Bonanza: SPACs Hit Media and Entertainment Market

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hollywoodreporter.com

Charlie Ergen — the brusque founder of Dish Network and a former professional gambler — is known for his cutthroat approach to business, from playing hardball with TV networks, to counting cards at blackjack (an incident that got him banned from a Lake Tahoe casino).

This month, however, the billionaire revealed plans to place his chips on a new bet: He’s forming a Blank Check company called CONX Corp., seeking to raise $1 billion from investors in an IPO so that he and a fellow Dish executive can find a private company in the technology, media or telecom space to take public.

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