Advance.net and the founders of FEED magazine announced today the formation of Automatic Media, a new company that will build an online network of sites, services, and applications tailored to the
Web's most sophisticated users. The company will be led by Lee deBoer, former president of HBO International and CEO of New Century Network. Lycos, Inc. has taken a 25% equity stake in the new
company. In addition, Suck.com, the acclaimed satirical Web site acquired by Lycos in 1998, has become part of Automatic Media's new network. Both Webby-award nominees, FEED and Suck launched in 1995,
and are widely considered two of the Web's most influential publications. Automatic Media also announced the acquisition of Alt.Culture, the online encyclopedia of alternative-culture. Together the
network sites attract more than one million monthly visitors. Automatic Media is expected to add more sites in the coming months.
