EXHIBIT 10.27

                      SECOND JUNIOR SECURED PROMISSORY NOTE

$1,263,222.83                                                   January 31, 1997

         FOR VALUE RECEIVED, the undersigned, CAMPUS VOICE, L.L.C., a Delaware
limited liability company ("Maker"), promises to pay to the order of SCCGS,
INC., a Tennessee corporation ("Payee"; Payee and any subsequent holder[s]
hereof are hereinafter referred to collectively as "Holder"), at the office of
Payee in Nashville, Tennessee or at such other place as Holder may designate to
Maker in writing from time to time, the principal sum of ONE MILLION TWO HUNDRED
SIXTY-THREE THOUSAND TWO HUNDRED TWENTY-TWO AND 83/100 DOLLARS ($1,263,222.83),
together with interest on the outstanding principal balance hereof from the date
hereof at the rate of twelve percent (I 2.0%) per annum (computed on the basis
of a 360-day year).

         This Note is the "Second Junior Secured Note" as defined in that Bill
of Sale and Agreement dated as of the date hereof among Maker, Payee, Sirrom
Capital Corporation and Network Event Theater, Inc. (the "Bill of Sale and
Agreement"). Payments shall become due hereunder no later than forty-five (45)
days after the end of each fiscal quarter in the manner and to the extent
provided for in the Bill of Sale and Agreement and, in any event, including
payments made under the Bill of Sale and Agreement, at least $50,000.00 in
payments of principal and/or interest shall have been made hereunder and/or
under the "Junior Secured Note" (as defined in the Bill of Sale and Agreement)
on or before June 30, 1999; at least $300,000.00 in payments of principal and/or
interest (in the aggregate with previous payments) shall have been made on or
before June 30, 2000; at least $600,000.00 in payments of principal and/or
interest (in the aggregate with previous payments) shall have been made on or
before June 30, 2001; and the total amount of such required payments shall
increase by the amount of $350,000.00 (in the aggregate with previous payments)
on June 30, 2002 and on each June 30 thereafter until the final maturity of this
Note or its earlier payment in full. All payments shall be applied first to
accrued interest and then to principal. On December 31, 2006 (the "Maturity
Date"), the entire outstanding principal balance, together with all accrued and
unpaid interest, shall be immediately due and payable in full.

         The indebtedness evidenced hereby may be prepaid in whole or in part,
at any time and from time to time, without penalty. Any such prepayments shall
be credited first to any accrued and unpaid interest and then to the outstanding
principal balance hereof.

         Time is of the essence of this Note. It is hereby expressly agreed that
in the event that any default be made in the payment of principal or interest as
stipulated above, which default is not cured following the giving of any
applicable notice and within five (5) days, as provided in the Loan Agreement
referred to below; or in the event that any default or event of default shall
occur under that certain Loan Agreement of even date herewith, between Maker and
Payee (the "Loan Agreement"), which default or event of default is not cured
following the giving of any


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applicable notice and within any applicable cure period set forth in said Loan
Agreement; or should any default by Maker be made in the performance or
observance of any covenants or conditions contained in any other instrument or
document now or hereafter evidencing, securing or otherwise relating to the
indebtedness evidenced hereby (subject to any applicable notice and cure period
provisions that may be set forth therein); then, and in such event, the entire
outstanding principal balance of the indebtedness evidenced hereby, together
with any other sums advanced hereunder, under the Loan Agreement and/or under
any other instrument or document now or hereafter evidencing, securing or in any
way relating to the indebtedness evidenced hereby, together with all unpaid
interest accrued thereon, shall, at the option of Holder and without notice to
Maker, at once become due and payable and may be collected forthwith, regardless
of the stipulated date of maturity. Upon the occurrence of any default in
payment as set forth herein, at the option of Holder and without notice to
Maker, all accrued and unpaid interest, if any, shall be added to the
outstanding principal balance hereof, and the entire outstanding principal
balance, as so adjusted, shall bear interest thereafter until paid at an annual
rate (the "Default Rate") equal to the lesser of

               (i) the rate that is seven percentage points (7.0%) in excess of
the above- specified interest rate, or

               (ii) the  maximum rate of interest allowed to be charged under
applicable law (the "Maximum Rate"), regardless of whether or not there has been
an acceleration of the payment of principal as set forth herein. All such
interest shall be paid at the time of and as a condition precedent to the curing
of any such default.

         In the event this Note is placed in the hands of an attorney for
collection, or if Holder incurs any costs incident to the collection of the
indebtedness evidenced hereby, Maker and any endorsers hereof agree to pay to
Holder an amount equal to all such costs, including without limitation all
actual reasonable attorney's fees and all court costs.

         Presentment for payment, demand, protest and notice of demand, protest
and nonpayment are hereby waived by Maker and all other parties hereto. No
failure to accelerate the indebtedness evidenced hereby by reason of default
hereunder, acceptance of a past-due installment or other indulgences granted
from time to time, shall be construed as a novation of this Note or as a waiver
of such right of acceleration or of the right of Holder thereafter to insist
upon strict compliance with the terms of this Note or to prevent the exercise of
such right of acceleration or any other right granted hereunder or by applicable
laws. No extension of the time for payment of the indebtedness evidenced hereby
or any installment due hereunder, made by agreement with any person now or
hereafter liable for payment of the indebtedness evidenced hereby, shall operate
to release, discharge, modify, change or affect the original liability of Maker
hereunder or that of any other person now or hereafter liable for payment of the
indebtedness evidenced hereby, either in whole or in part, unless Holder agrees
otherwise in writing. This Note may not be changed orally, but only by an
agreement in writing signed by the party against whom enforcement of any waiver,
change, modification or discharge is sought.


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         The indebtedness and other obligations evidenced by this Note are
further evidenced by (i) the Loan Agreement and (ii) certain other instruments
and documents, as may be required to protect and preserve the rights of Maker
and Payee as more specifically described in the Loan Agreement. Reference is
made to the Loan Agreement for provisions relating to jurisdiction, venue and
waiver of right to jury trial that apply to the obligations evidenced by this
Note.

         All agreements herein made are expressly limited so that in no event
whatsoever, whether by reason of advancement of proceeds hereof, acceleration of
maturity of the unpaid balance hereof or otherwise, shall the amount paid or
agreed to be paid to Holder for the use of the money advanced or to be advanced
hereunder exceed the Maximum Rate. If, from any circumstances whatsoever, the
fulfillment of any provision of this Note or any other agreement or instrument
now or hereafter evidencing, securing or in any way relating to the indebtedness
evidenced hereby shall involve the payment of interest in excess of the Maximum
Rate, then, ipso facto, the obligation to pay interest hereunder shall be
reduced to the Maximum Rate; and if from any circumstance whatsoever, Holder
shall ever receive interest, the amount of which would exceed the amount
collectible at the Maximum Rate, such amount as would be excessive interest
shall be applied to the reduction of the principal balance remaining unpaid
hereunder and not to the payment of interest. This provision shall control every
other provision in any and all other agreements and instruments existing or
hereafter arising between Maker and Holder with respect to the indebtedness
evidenced hereby.

         This Note is intended as a contract under and shall be construed and
enforceable in accordance with the laws of the State of Tennessee, except to the
extent that federal law may be applicable to the determination of the Maximum
Rate.

         As used herein, the terms "Maker" and "Holder" shall be deemed to
include their respective successors, legal representatives and assigns, whether
by voluntary action of the parties or by operation of law.


                                  MAKER:

                                  CAMPUS VOICE, L.L.C.,
                                  a Delaware limited liability company


                                  By: /s/ Bruce L. Resnik
                                     ---------------------------------------
                                  Title: Secretary
                                         -----------------------------------



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                                  Pay to the Order of Sirrom Capital Corporation

                                  SCCGS, INC.


                                  By: /s/ Jeff Armstrong
                                     ---------------------------------------
                                  Title: VP
                                         -----------------------------------

                                  Pay to the Order of Sirrom Investments, Inc.

                                  SIRROM CAPITAL CORPORATION


                                  By: /s/ Donald F. Barrickman
                                     ---------------------------------------
                                  Title: Vice President
                                         -----------------------------------


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