×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

HotWired attracts investors

Published on .

WPP Group, parent company of J. Walter Thompson and Ogilvy & Mather, Burda NewMedia and Pacific Telesis are among a group of investors that have bought a 15% stake in HotWired, the majority of which is still owned by Wired Ventures, publishers of Wired magazine. By partnering with international leaders in media, advertising and technology, Andrew Anker, president-CEO of HotWired, said, "Our goal was to gather a group of investors that would contribute more than just financial resources to fuel our growth."

Copyright August 1995, Crain Communications Inc.

In this article:
Most Popular