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 HOME   Disney Takes Majority Stake in toysmart.com
Disney Takes Majority Stake in toysmart.com
Published by: jane 2009-01-08

Looking to get in on this year's predicted online holiday shopping boom, The Walt Disney Co. Wednesday invested a controlling stake in online toy retailer toysmart.com.

Disney's Buena Vista Internet Group (BVIG) reportedly took a 60 percent stake in toysmart.com for $20 million with another $25 million in free advertising, according to the New York Times. The companies did not disclose any financial details, but said that BVIG will hold three of five seats on the toysmart.com board of directors and will provide marketing support to help build the toysmart.com brand.

Unlike other online toy companies, toysmart.com specializes in retailing educational and high-quality toys and games for children. The site also provides information and resources for parents and care givers.

news0700.htm::
Troubled Toysmart.com dot-com that is majority-controlled by Disney became the first online company NAB takes a stake in Seven
http://www.auspaytv.com/archive/news99-00/news0700.htm
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online promotions ads Content at ZDNet UK::
include things like ads in trailers for Disney movies and commercials on ABC. Google Tipped To Buy AOL Stake Google Takes A Stand Against Pop-ups
http://www.zdnet.co.uk/tsearch/online+promotions+ads.htm
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