Thursday, May 15, 2008

Fantasy Sports Ventures (FSV) Acquires BaseballHQ.com

Fantasy Sports Ventures Inc., a fast-growing fantasy sports company, acquired Baseball HQ, a leading Web site for statistical analysis, the companies said. Valued in the "low seven figures," according to a person familiar with the situation, the deal is the latest step by the New York Internet media company toward its goal of becoming a one-stop shopping center for marketers looking to connect to the estimated 15 million fantasy-sports players in the U.S. To that end, Chief Executive Chris Russo wants to acquire or partner with a top fantasy sports Web site in every category. Roanoke, Va.-based Baseball HQ, owned and run by Ron Shandler, a cult figure in rotisserie, or fantasy, baseball circles, is the eighth company acquired by closely held Fantasy Sports. Others include RotoNation, a sort of authoritative consumer guide for the fantasy-sports industry; HoopsHype, an insider's guide to basketball, and KFFL, a fantasy football guide. The company also has partnership agreements with 125 other fantasy Web sites. FSV sells ads for these sites and shares revenue.
http://online.wsj.com/article/SB121079107716792615.html

http://baseballhq.com/

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