Under a $7.5 million, two-year deal, America Online will feature the services of Digital Chef, an online gourmet food and kitchenware store. Digital Chef will become an anchor tenant on the "Gourmet and Grocery" and "Kitchen and Garden" categories of AOL's Shopping Channel, among other areas. AOL will receive a percent of revenues and warrants to purchase stock in Digital Chef.
Short Take: AOL, Digital Chef in $7.5 million deal
Under a $7.5 million, two-year deal, America Online will feature the services of Digital Chef, an online gourmet food and kitchenware store. Digital Chef will become an anchor tenant on the "Gourmet and Grocery" and "Kitchen and Garden" categories of AOL's Shopping Channel, among other areas. AOL will receive a percent of revenues and warrants to purchase stock in Digital Chef.