MTV Networks, a unit of Viacom, New York, announced plans Feb. 23, to launch two new online destinations.MTV Networks brands MTV and VH1 will create a music site with the working title ``The Buggles Project,'' to launch in June. Nickelodeon, also under the MTV umbrella, will launch ``Project Nozzle,'' a kids-only online service, to debut in September. Concurrent with the announcement, Viacom said it would establish a new Internet division to oversee the new online ventures, with a satellite office in San Msateo, Calif. The sites will be powered by recently acquired Imagine Radio, Web developer Nvolve, San Mateo, Calif., and Red Rocket, an online toy retailer that was formerly part of Viacom's Simon & Schuster unit.
Copyright February 1999, Crain Communications Inc.