Ameritech Corp. on Monday made an equity investment in Kidsites 3000, a New York-based multimedia production company targeted to children and teens. Size of the investment is undisclosed. Founded in 1995 by two entrepreneurs, the company was one of the charter groups to receive backing from America Online's Greenhouse.
Kidsites 3000 also provides the CBS News site with an area called Phoebe for President, which features a fictional 15-year-old girl was appointed head of the ``Kids Coalition'' at the White House.
Copyright January 1997, Crain Communications Inc.