Corbis

Corbis, the Seattle-based provider of photography and fine art images on the Internet, acquired Saba Press Photos, an international assignment and stock photography agency located in New York. Under the terms of the agreement, Saba will remain in its current New York office under the continued direction of Marcel Saba. Integration with the Corbis brand will enable wider access to Saba images through Corbis’ digital sales and distribution systems.

Offering art lovers an alternative to basketball’s annual March Madness, CultureFinder.com, the New York-based online arts guide and ticketing service, unveiled its first annual University Arts Performance Finder, available throughout March. Users can locate over 1,000 university music, theater, dance and art events nationwide.

Santa Monica, Calif.-based entertainment site and media company The Hollywood Stock Exchange announced that Toyota, Sun Microsystems, MegaChannels.com, Excite@Home, BigStar.com and Zkey.com have committed to exclusive sponsorship of O2K, HSX’s Second Annual Academy Awards event. On March 26th, HSX will host an Academy Awards viewing dinner and post-show party for 2,000 Hollywood celebrities and Silicon Valley digerati at the House of Blues in West Hollywood and millions of Internet users via the Web exclusively at www.megachannels.com.

NBC, New York, has made an equity investment in online entertainment supersite Digital Entertainment Network, Santa Monica, Calif. Under terms of the agreement, NBC will provide a combination of a cash investment and advertising time across both the NBC network and NBC’s 13 owned and operated stations in exchange for a minority equity stake in DEN.net. In addition, NBC and DEN.net will pursue additional strategic business opportunities relating to promotions, marketing, co-production, content distribution and advancement of digital media distribution. Financial details regarding the transaction were not disclosed