02.09.2007 08:00 AM
Sports Illustrated Group to acquire FanNation.com

Time's Sports Illustrated Group — expanding its sports content deeper into digital media — has signed an agreement to acquire ownership of the Web site FanNation.com from Sports Technologies (STI).

FanNation.com is a Web site that aggregates, filters and customizes sports information and allows users to generate content. STI develops Web applications that include news aggregation, community capabilities and fantasy game engines.

As part of the agreement, Time will acquire a minority interest in a newly formed subsidiary of STI, which will own the remaining assets not sold to SI. STI technologies will be deployed first by the SI Group, but soon after, across other major Time online properties.

Time said the investment in STI is part of the company's digital strategy to give users greater access to its content across all digital platforms.

John Squires, executive VP of Time, said STI would be invaluable to the company as it moves beyond conventional publishing online into social forms of media.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Wednesday 11:59 PM
Peer Profile: Tomaž Lovsin, STN, Slovenia
“Will there be a shift from coax to fibre? Or a mixture between the two which will require hybrid solutions to be implemented?”

Wall Street Communications /   Wednesday 07:02 PM
SMPTE Announces 2014 Honorees and Award Winners
HighRez /   Tuesday 02:21 PM
Over The Air and Cable TV: Far From Dead

Featured Articles
Discover TV Technology