Feeds

iVillage buys out Tesco

Assumes control of UK site

  • alert
  • submit to reddit

Internet Security Threat Report 2014

iVillage, the American website for women, is buying its UK namesake, iVillage.co.uk, from Tesco. Terms are undisclosed.

The two companies teamed up in 2000, with Tesco promising to commit £18m over three years to iVillage.co.uk. In 2003, Tesco bought iVillage Inc's stake in i-Village UK and signed a 20-year deal to license iVillage content and trademarks and copyright.

Douglas Cormack, iVillage boss, thinks the new deal will "generate increased value for our stockholders moving forward".

Maybe so, but it marks a u-turn on 2003, when he hailed the now defunct licensing deal as "another example of how we are not only executing on our subscription and content-license strategy domestically, but also internationally. Our agreement with Tesco creates a new stream of revenue for iVillage and more deeply establishes our position as a leader in supplying women's content".

Tesco is the UK's biggest internet retailer, correction, it is the biggest retailer, full stop. It carries a link to iVillage on its website, which, we assume, will live on for a while longer. ®

Related stories

Supermarkets next in line for phishing attacks
Tesco offshores 400 IT jobs to India
Tesco claims 500,000 mobile sign-ups
Consumer heavyweights race to build UK women's portal

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.