FortuneCity explained

FortuneCity
Founder:1997
Hq Location City:New York City, New York
Hq Location Country:United States
Area Served:Webhosting

FortuneCity was a webhosting service based in New York City. The service was founded in 1997[1] by Richard Jones and Dan Metcalfe, two British entrepreneurs. It had one million users.[2]

It collaborated with Warner Brothers to create a community called AcmeCity, which allowed users to create a web site using WB characters, logos, etc. without infringing on copyright.[3]

When FortuneCity first came online, it offered a free web hosting account with 6 MB of disk space. Later, they increased the space to 10 MB, 20 MB and then 100 MB. However, since upgrading to 100 MB, the original virtual community design has been removed; the "virtual map" of each district is gone, the division of district is also gone, but the community, mayor and district ministers remain.

The company went public in March 1998. It was oversubscribed 37 times after its initial offering.[4] FortuneCity receives its revenue mostly from advertisements.[5] [6]

FortuneCity began as a free web hosting service, but they have announced that after April 30, 2012, they would no longer be providing free web space, citing increasing costs as the reason.[7] At this point, it was also rebranded as Dotster.[8]

External links

Notes and References

  1. News: A Case of Storage Space . LoPresti, Michael . . . 2007-11-01 . 2011-02-11 . https://web.archive.org/web/20121022004750/http://goliath.ecnext.com/coms2/gi_0199-7310440/A-case-of-storage-space.html . 2012-10-22 . dead .
  2. News: PROSPECTUS; An alliance with Warner Brothers Online has an upstart Web development company feeling like the Road Runner. . Stites, Janet . . 1999-01-25 . 2009-10-19 . https://web.archive.org/web/20150527105211/http://www.nytimes.com/1999/01/25/business/prospectus-alliance-with-warner-brothers-online-has-upstart-web-development.html . 2015-05-27 . dead .
  3. Warner Bros. Online and Fortunecity Join Forces To Create Ultimate Home Page Community for Entertainment Fans; ACMEcity Joint Venture Represents First Branded Entertainment Community in Internet History . Time Warner .
  4. News: Why FortuneCity Will Seek Its Fortune on Nasdaq . Peterson, Thane . . 1999-11-02 . 2009-10-19 . https://web.archive.org/web/20121023031007/http://www.businessweek.com/bwdaily/dnflash/nov1999/nf91102f.htm . 2012-10-23 . dead .
  5. News: How to make a Fortune on the quiet . Keegan, Victor . . 2000-12-21 . 2009-10-19 . https://web.archive.org/web/20220611190700/http://www.guardian.co.uk/technology/2000/dec/21/news.onlinesupplement . 2022-06-11 . dead .
  6. Web site: How to Choose the Perfect Domain Name . Hosting Manual . 21 July 2021 . 2013-08-20.
  7. Web site: Dear FortuneCity Customers . March 2012. FortuneCity . 2012-03-24 . https://web.archive.org/web/20120323034604/http://www.fortunecity.com/ . 2012-03-23 . dead .
  8. Web site: Welcome Fortune City Customers. January 2013. Dotster. 2018-06-22.