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    1. [NYSUF] Fw: [FS] MyFamily.com, Inc. Acquires Genealogy.com
    2. Unclefred
    3. > Readers of this list may be interested in this Press Release from > MyFamily.com dated 8 Apr 2003: > > MyFamily.com, Inc. Acquires Genealogy.com, Expands Product Line, and > Enters Long-Term Promotional Agreement with A&E Television Networks > > PROVO, Utah, April 8 /PRNewswire/ -- MyFamily.com, Inc., a leading > online subscription business and the leading network for connecting > families, and A&E Television Networks (AETN) announced today that > MyFamily has acquired Genealogy.com, producer of the award-winning > family tree software, Family Tree Makera, and provider of extensive > online genealogy resources. In addition, MyFamily will receive > promotion on AETN television properties. > > Genealogy.com joins the MyFamily network of websites -- > Ancestry.com, > MyFamily.com, and RootsWeb.com -- giving customers a full complement of > Internet services focused on connecting families with their histories > and one another. Combined, the network of websites receives over 10 > million unique visitors each month and has more than one million paid > subscriptions. > > "We're excited to bring these two strong companies together to > better > serve consumers and the genealogy community," said Tom Stockham, > President & > CEO of MyFamily.com. "It's a great strategic fit and underscores an > opportunity to serve the growing market for family history products. By > providing customers with a broad set of tools to discover the > information that makes their family history come to life, we help > customers answer the > questions, 'Who am I?', 'Where do I come from?' and 'How am I > connected?'" > > "AETN is excited to see these two important family history companies > come together, increasing the positive experience of consumers embarking > on family research," said Nick Davatzes, President & CEO, A&E Television > Networks. "We believe this agreement makes good sense for the > businesses and for the consumer. AETN looks forward to a long-term > strategic partnership with MyFamily." > > Genealogy.com will continue to offer its wide variety of products > and > services, including Family Tree Makera, and its dynamic roster of online > subscription products. MyFamily will continue to improve upon the > products > and services Genealogy.com currently offers, enhancing the family > history > research experience. In addition, Genealogy.com will continue to host > GenForum message boards, a widely used free genealogy community > resource, with more than six million messages posted. > > MyFamily serves the fast-growing market of people with an interest > in > family history. As reported in a recent study, family history is one of > the > fastest-growing hobbies in the U.S., with over 60% of Americans > interested in researching their family history. The addition of > Genealogy.com's strong > product line to MyFamily's network of websites, family tree software, > databases on CD-ROM, message boards, books, and magazines, is a natural > expansion, providing researchers valuable tools to quickly and easily > explore their family history, saving them time and money. > > About MyFamily.com, Inc. > > MyFamily.com, Inc. is among the largest online subscription > businesses, > with over one million paid subscriptions. A next-generation media > company, > MyFamily is focused on connecting families with their histories and one > another. The company provides both free and paid subscription services > through it's network of Internet properties, which include: > Ancestry.com, > Genealogy.com, RootsWeb.com, and MyFamily.com. The Company also > publishes > Family Tree Maker and Ancestry Family Tree software, Ancestry magazine, > Genealogical Computing magazine, over 50 book titles, and numerous > databases > on CD-ROM. > > About A&E Television Networks > > A&E Television Networks is a joint venture of The Hearst > Corporation, ABC, Inc. and NBC. AETN is an award-winning, international > media company offering consumers a diverse communications environment > ranging from television programming, magazine publishing, and web sites, > to books, music CDs and home videos/DVDs, as well as supporting > nationwide educational initiatives. A&E Television Networks is > comprised of A&E Network, The History Channel, The Biography Channel, > History International, AETN International, AETN Consumer Products, and > Biography Magazine. > > SOURCE MyFamily.com, Inc. >

    04/08/2003 03:39:58