Agency to Build Online Social Network Supported With Ads

Seed Corn Media of Los Angeles plans to launch an advertising supported online social network in January 2008. Under terms of 24-month contract valued at $5 million, Washington, DC-based Wyndstorm Corp. will build and manage the network.

Seed Corn plans to use the network to offer advertising services for online promotions, personalized ad placement and viral marketing campaigns, with features such as online gaming.