Technology Stocks : InfoSpace (INSP): Where GNET went!


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To: levy who wrote (19909)7/11/2000 11:59:43 PM
From: Pareto of 28295
 
no terms of that deal have ever been made public to my knowledge


"Hasbro's agreement with Go2Net Inc. will help launch the online portal Games.com by mid-2000. The site initially will offer at least 50 branded games, most involving multiple players. Most of the games won't cost anything to play.

The site will include online chat capabilities, tournaments and an online store.

Hassenfeld said revenues initially will be generated mostly through advertising.

Go2Net will get a $7.5 million fee from Hasbro and access to the company's games for a licensed, co-branded Games.com offering on its game site, PlaySite.com.

Both companies will share revenue generated from advertising sales and sponsorship of Games.com. Go2Net also gets fees for some Games.com e-commerce transactions.

Hasbro gains access to Go2Net's technology to develop the site and all public domain games offered on Go2Net's site. Those include chess, backgammon, solitaire and spades."

usatoday.com 

levy, if you start forgetting things, just use metacrawler, it works for me.

regards,
pareto
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