Active.com has secured $21M in a second round of
financing led by ABS Ventures, the N.A. venture capital
affil of Deutsche Bank Alex. Brown. Active has raised
around $52M to date and will use the new financing to expand
its online registration capabilities across participatory
sports events, leagues and parks and rec. Additional
financing came from investors Hambrecht Eu Capital, and
PowerBar Founders Brian and Jennifer Maxwell (Active.com).
NEWS & NOTES: The INDUSTRY STANDARD's Jennifer
Greenstein reports on News Corp.'s Web strategy. In mid-
October, FoxSports.com informed 18 Web producers in N.Y.
that their jobs were moving to L.A. Employees "were given
less than a week to tell the company whether they wanted to
relocate." As of the end of October, "only four employees
had decided to move" (INDUSTRY STANDARD, 11/13 issue).
...INSIDE.com's Jon Regardie examined fantasy games on
sports Web sites, as fantasy sports programmers are "racking
up impressive scores, as Web technology improvements and a
shift toward free, rather than fee-based, play have suddenly
created a huge spike in traffic" (INSIDE.com, 11/9).
