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Short Take: Shockwave, animation site rework partnership

Macromedia's online entertainment unit, Shockwave.com, says it has modified its agreement with Stan Lee Media. The digital entertainment studio's content will still be available on Shockwave.com, but the new deal allows it to post content on other Web sites. As part of the agreement, Macromedia's chairman and chief executive Rob Burgess will resign from the Stan Lee Media board and be replaced by Stan Lee Media president and CEO Kenneth Williams.

Macromedia's online entertainment unit, Shockwave.com, says it has modified its agreement with Stan Lee Media. The digital entertainment studio's content will still be available on Shockwave.com, but the new deal allows it to post content on other Web sites. As part of the agreement, Macromedia's chairman and chief executive Rob Burgess will resign from the Stan Lee Media board and be replaced by Stan Lee Media president and CEO Kenneth Williams.