eWanted Goes Its Own Way

Auction marketplace operation eWanted is acquiring London-based Fleetwood
Owen, an entertainment memorabilia site that was co-founded by Fleetwood Mac
drummer Mick Fleetwood.

Santa Clara, Calif.-based eWanted said the
acquisition allows the company to connect entertainment buyers and sellers on
a global scale. Financial terms were not disclosed.

Fleetwood Owen was co-founded by Ted
Owen, said to be a pioneer of high-end entertainment merchandise auctions.

“This marriage will combine eWanted’s unique buyer-focused marketplace with
Fleetwood Owen’s auction expertise and extensive network of relationships
with dealers, individuals and celebrities worldwide,” said Craig Palmer, CEO
of eWanted. “Through our new Emporium we will now give eWanted’s 650,000
worldwide members, whether they be an expert collector or a casual fan,
access to fully authenticated memorabilia and collectibles”

The Emporium, a new
specialty site created by Fleetwood Owen and eWanted, will offer memorabilia
from entertainment dealers and individuals that have been authenticated by
Fleetwood Owen.

eWanted and Fleetwood Owen’s first sale as a combined unit will be “At the
Movies,” an auction of film and entertainment memorabilia, on July 31 at the
Planet Hollywood in London with simultaneous broadcast via satellite and
bidding at Planet Hollywood in San Francisco.

Also, eBay will enable interested bidders, using eBay Live, to bid online
simultaneously with the live Planet Hollywood audiences for many of the lots
being offered.

Privately held eWanted was founded in October of 1998 as one of the
Internet’s first reverse auctions.

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