Losses widen at CMGI
15 Dec 2000
CMGI, the internet company which owns AltaVista and Engage, has reported a sharp increase in first-quarter losses, rising to 636.6m from 117.4m last time for the quarter ending October 31.
LONDON - Richard Desmond, the new owner of Express Newspapers, has sold the company’s four websites to a stockbroker for the nominal price of £1. The news came as United News & Media announced plans to halve its online investment.
CMGI, the internet company which owns AltaVista and Engage, has reported a sharp increase in first-quarter losses, rising to 636.6m from 117.4m last time for the quarter ending October 31.
Trinity Mirror Digital has launched icShowbiz.com, its online entertainment portal, backed by a seven-figure marketing spend.
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Ken Gibson has been hired as director of marketing and sales with Freeman Publishing, where he will be responsible for the online version of Freeman's Guide to the Property Industry. He was previously senior marketing manager at FT Business.
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Serious ructions at the International Olympic Committee's conference on Sport and New Media last week. The IOC, as we all know, has long been anxious to protect the rights of sponsors by buying up poster sites and the like in host cities for use by official backers of the Games. Nothing wrong with...
AOL and Time Warner will hear today whether their proposed 100bn merger has been approved.
Fresh from its legal wrangling with Irish discount airline Ryanair, British Airways is facing a damages claim from EasyJet, the Luton-based low-cost operator.