Sunday, May 20, 2007

Is Sony in Buyout Talks For Kid Social Network Club Penguin? says that Sony (NYSE: SNE - News) is in talks to purchase kid-friendly virtual reality site Club Penguin for about $450 million.
Club Penguin is in my opinion one of the most wholesome kid-friendly
Web sites on the planet today. BusinessWeek called it "MySpace for the
sandlot set", and I think even that description sells it short. This is
an Internet property that both kids and parents can love, makes a
profit, and uses some of its profits to improve the lives of children
in places like Uganda and Romania.

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