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FLASHBACK: Club Penguin founder’s big plans for future

News | 08/07/2007 4:40 pm EDT

By now, everyone has heard about Canada's latest interactive media success story. On August 1, Kelowna BC-based Club Penguin, an avatar-driven site for preschool-aged kids up to ‘tweens, was sold to The Walt Disney Co. for US$350 million cash, plus a possible $350-million earn-out over the next two years.

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