IQ News: Bits

The Walt Disney Co., Burbank, Calif., announced an investment in Infoseek, Sunnyvale, Calif. Disney agreed to acquire a 43 percent stake in Infoseek in exchange for Disney’s remaining ownership position in Starwave, plus $70 million. Disney, Starwave and Infoseek will combine to form an Internet portal strategy that includes ABCNEWS.com

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in