Active Network acquires online campsite booker ReserveAmerica
The Active Network, a network of sites targeting athletic and active-lifestyle users, announced today that it’s buying ReserveAmerica, an online service for booking campground space across the U.S., for an undisclosed amount.
It was formerly a subsidiary of IAC, a conglomerate of interactive web-based businesses (including CollegeHumor, Vimeo and eVite), which agreed to hand over 100 percent of its stock in Reserve America Holdings in exchange for 3.5 million shares of convertible preferred stock in Active…. Continue Reading
Evite threatens to sue Socializr for copyright infringement
Ticketmaster, owner of the popular invitation service Evite, has threatened to sue Socializr for copyright infringement, saying the company’s service looks strikingly and confusingly similar to Evite’s.
In a letter sent April 3, Ticketmaster’s law firm, Quinn Emanuel, said two invitation design templates offered by San Francisco start-up Socializr were exact copies of Evite’s, and another design is very similar. See letter here. The letter also said Socializr’s invitation event creation page, design galleries and… Continue Reading
iLike nabs $13.3M from Ticketmaster, a marriage of reason
iLike.com, the iPod-compatible social networking and music discovery company we raved about previously has raised $13.3 million in financing from Ticketmaster.
Ticketmaster will own a 25 percent stake in the company.
This makes a lot of sense for both sides. iLike needs cash to expand, and Ticketmaster is more than an investor. Ticketmaster will provide iLike users information about events where their favorite bands are playing, and then sell them tickets. Presumably, this is good for… Continue Reading