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Bertelsmann Backs Away From Scoyo, Its Educational Kids Site

in Media on November 23, 2009 at 9:37 am PT

German entertainment conglomerate Bertelsmann, which made a move into the online kids/education market earlier this year, appears to be having second thoughts. Bertelsmann is looking for an investor to buy some or all of Scoyo, which it launched in Germany in January of this year and previewed in the U.S. in September.
scoyo