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GeoCities Press Releases
Santa Monica, CA, Jan. 5, 1998 -- GeoCities (www.geocities.com), announced today that it is set to raise $25 million and has also entered into a strategic business partnership with Yahoo! Inc. (NASDAQ: YHOO) to continue its leadership in community building on the Web. The company announced that $25 million will be invested directly in GeoCities by Softbank Holdings Inc., and that Yahoo! will purchase $5 million in equity of GeoCities to be paid for with newly-issued Yahoo! common stock. The strategic alliance between two of the Internet's market leaders will greatly increase the amount of traffic and homesteaders on GeoCities and offer GeoCities users an array of free personalized member services on Yahoo! (www.yahoo.com).
full press release
Separate announcements from Yahoo and
SoftBank
SEATTLE, WA - (December 3, 1997) - Amazon.com, Earth's Biggest Bookstore
(Nasdaq: AMZN) and GeoCities, the world's largest and fastest growing
community on the Internet, today announced an agreement naming
Amazon.com (www.amazon.com) the exclusive bookseller on GeoCities
(www.geocities.com). In addition, GeoCities will incorporate Amazon.com
throughout its 40 themed communities, offering GeoCities members and
visitors new book features and services based on their areas of
interest.
full press release
Santa Monica, CA -- November 3, 1997 -- GeoCities (www.geocities.com), the world's largest and fastest growing community on the Internet, today named Stephen L. Hansen, formerly senior vice president, chief financial officer of Universal Studios, to the post of chief financial officer. Hansen, who starts today, will be based in GeoCities' Santa Monica headquarters and report directly to GeoCities founder and CEO, David Bohnett.
full press release
Santa Monica, CA, October 9, 1997 - In an unprecedented demonstration of the Internet's popularity as an international communications medium, GeoCities (www.geocities.com), the largest and fastest growing community on the Internet, today announced that it has registered its one millionth 'homesteader' since the company opened its doors in June of 1995. The event, a unique milestone among Web sites, occurred at exactly 6:00 PM (Pacific Time) on October 2 when a 16-year old girl from St. John, New Brunswick, Canada completed the construction of her own personal home page.
full press release
Santa Monica, CA -- September 29, 1997 -- GeoCities (www.geocities.com),
the world's largest and fastest growing communityon the Internet, named
today Michael G. Barrett, formerly vice president of advertising for Disney
Online, to the post of vice president, advertising sales. Barrett, who
starts Monday (Sept 30) at GeoCities, will be based in New York and report
directly to GeoCities founder and CEO, David Bohnett.
full press release
Santa Monica, CA, June 30, 1997 _ GeoCities (www.geocities.com), the world's largest and fastest growing community on the Internet, today pledged its endorsement of the Clinton administration's efforts to encourage the development of electronic commerce over the Internet. These initiatives are outlined in a position paper developed by the Information Infrastructure Task Force (IITF) headed by policy advisor Ira Magaziner and articulates the basis of the Clinton administration's policy towards the creation and development of commerce on the Internet. It can be read on the Internet at http://www.iitf.nist.gov/eleccomm/glo_comm.htm
full press release
Santa Monica, CA, June 23, 1997 - GeoCities (www.geocities.com), the world's largest and fastest growing community of home pages on the Internet, was named the fifth most visited site on the World Wide Web in the most recent PC-Meter report. According to the report, which measures Web traffic for the month of April 1997, GeoCities continues to increase its percentage of all "at home" users, while each of the other sites in the "top 10" witnessed a decline in their share the same audience.
full press release
Santa Monica -- June 23, 1997 -- GeoCities (www.geocities.com) the world's leading developer of Internet communities, and ElectricVillage (www.electricvillage.com) the first and largest full service Web partner for radio stations, have announced a partnership to provide content developed by GeoCities' Homesteaders to ElectricVillage's global network of 125 radio station Web sites. This unique relationship allows users browsing the sites of affiliated stations to access fresh and unique content in four music genres: classic rock, modern rock, country, and top 40.
full press release
New York, April 29, 1997 -- GeoCities (www.geocities.com), a pioneer in the development of Internet-based communities, will debut a new advertising campaign using the theme line "People like us" and developed by the Saatchi Entertainment Group. The campaign will feature a variety of print executions and is designed to build consumer awareness of GeoCities 34 themed communities.
full press release
Santa Monica, CA, April 29, 1997 _ GeoCities (www.geocities.com), a
pioneer in the development of Internet-based communities, today
welcomed its 500,000th user, or "homesteader," since launching in June
1995. By offering anyone with access to the Internet the ability to
contribute their talent and ideas, meet others with similar interests,
and participate in creating the electronic communities of the future,
GeoCities has added 475,000 homesteaders in the past year and launched
12 new communities during that same period.
full press release
Santa Monica, CA, January 21, 1997 _ GeoCities (www.geocities.com),
a pioneer in the development of Internet-based communities, today
closed on a $9.0 million venture capital financing from SOFTBANK
Holdings Inc., Chase Capital Partners, InnoCal, CMG @Ventures and
Flatiron Partners.
The partners invested in GeoCities to support the continued
development of the company's successful model for online
communities. The company has developed a broad set of tools and
personal publishing facilities in support of its unique
'homesteading' program, whereby Net surfers are encouraged to
express their interests and passions by setting up and maintaining
a free home page in one of 29 themed communities. More than
300,000 homesteaders have established residency in GeoCities to
date, and more than 3,500 new citizens move in each day. full press release
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