For other Internet players, a scramble for shelter
Article Abstract:
The proposed combination of America Online (AOL) and Netscape may trigger further consolidation among World Wide Web players. Excite could be exploring a partnership with Microsoft, according to insiders. Another possibility includes forming a three-way alliance with Yahoo and Amazon.com to compete with Internet giants AOL and Microsoft. Paring the unwieldy Internet medium into several leaders can benefit the market, according to Yahoo CIO Jeff Mallett, who cited the emergence of three television broadcasting networks. Lycos CEO Bob Davis added that advertisers can benefit from a less complicated market. Excite and Netscape earlier in 1998 agreed on a deal in which Netscape's Netcenter Web site would offer numerous prominent links to Excite until 2000. Terms also call for Excite to provide Netscape with advertising and programming services, as well as $70 million in advertising guarantees.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Disney is discussing purchase of a stake in internet portal player Infoseek Corp
Article Abstract:
Walt Disney Co. is seeking to acquire a minority position in Infoseek Corp., an internet search and directory company. Walt Disney Co. is interested in using Infoseek, or some other portal site on the Web, to increase audience traffic at its existing sites. Disney's sites include ABCNEWS.com and ESPN SportsZone. Internet portals are desirable due to the increasingly large volumes of user traffic which translates into advertising revenue and electronic-commerce transactions.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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