Waltham, Mass.-based Internet portal Lycos acquired Boston-based online gaming site Gamesville.com. The stock-for-stock transaction is valued at $207 million. Gamesville will become part of the Lycos Network, which includes Tripod, HotBot, Angelfire and MailCity. Gamesville's interactive entertainment enables registered contestants to vie for prizes in unique, proprietary live games such as card games, sports, trivia and bingo.
E-tailer MagazineOutlet.com, New York, launched "Mags to Riches," a new affiliate program that will allow subscribers to build customized co-branded magazine stores for their Web sites and receive a 30-percent commission on every consumer magazine subscription sold through their sites.
New York-based e-'zine Charged.com announced last week that indie film studio Troma Films, Los Angeles, will be a sponsor for the upcoming Charged.com 60 Second Film Festival, which will take place in April 2000 and claims to be the first film festival dedicated solely to films and videos one minute and shorter.
Web developer Paris France will develop a new Web presence for BOORA Architects; both are based in Portland. The site will showcase BOORA's services, including the design of educational and performing arts facilities.
New York online community theglobe.com launched Group Buying Club powered by Accompany of San Francisco. Leaders of globeclubs will be able to offer their members lower-priced aggregated purchases on items related to the club. As part of the deal, theglobe.com's e-commerce unit will offer some products to both theglobe.com's Group Buying Club and to Accompany's own branded Get It Together Network.