
Disney Acquires Web Site for Children - New York TimesLos Angeles, CA- Subscription website for kids-
ClubPenguin.com sells to Disney for $350 Million and the sales price could reach $700 Million if growth targets are achieved by 2009. The website currently has over 700,000 users paying monthly subscriptions of $5.95 for a children's virtual penguin world that was launched by three Canadian fathers in 2005. This is "proof in the pudding" that development online for entrepreneurs has no limits. These guys from British Columbia made things happen big and fast! Very impressive to say the least.
ClubPenguin.comDisney.com