For those of you who are into college sports recruiting, you’ve probably checked out a player or two on Tennessee based Rivals.com. With a new CEO in place, Yahoo! just inked a deal to purchase the site. Financial terms of the deal were not disclosed.
This acquisition could be an indicator that Yahoo! is taking a step toward further expansion, driving in an additional 2 Million+ users of Rivals.com into Yahoo!land. The biggest of the potentially huge deals, could find Rupert Murdoch’s NewsCorp trading MySpace.com for a 25% stake in Yahoo!, which would be a huge boon to Yahoo! as it tries to truly make itself a “one-stop shopping” destination for online users.
This deal was probably in the works before Semel left. It’s a smart move. Yahoo can move a lot of traffic through its site by incorporating Rivals into its current offerings.
Since the new guy’s only been there a couple of days, I figured that the deal had been in the works for a while. Yeah, I think it is a good move for Yahoo.
After some bit of an absence, I’ve found myself using Yahoo a bit more recently anyway, just for a change of pace from all Google all the time.
Any responses to Marty’s comment (and any other discussion of possible Potter spoilers for the next month-and-a-half) should go in the That Which Must Not Be Blogged thread.
It’s an interesting question on if Yahoo would pay the premium on MySpace considering Facebook’s meteoric rise in its growth of unique visitors compared to the current King of Social Networking.
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June 21st, 2007 at 1:30:55 pm
This deal was probably in the works before Semel left. It’s a smart move. Yahoo can move a lot of traffic through its site by incorporating Rivals into its current offerings.
June 21st, 2007 at 1:38:21 pm
Since the new guy’s only been there a couple of days, I figured that the deal had been in the works for a while. Yeah, I think it is a good move for Yahoo.
After some bit of an absence, I’ve found myself using Yahoo a bit more recently anyway, just for a change of pace from all Google all the time.
June 21st, 2007 at 2:05:54 pm
A hacker names “Gabriel” hacked into the publishing company in London that distributes Harry Potter and posted the ending on www.insecure.org
June 21st, 2007 at 4:16:35 pm
Any responses to Marty’s comment (and any other discussion of possible Potter spoilers for the next month-and-a-half) should go in the That Which Must Not Be Blogged thread.
June 22nd, 2007 at 2:29:39 am
It’s an interesting question on if Yahoo would pay the premium on MySpace considering Facebook’s meteoric rise in its growth of unique visitors compared to the current King of Social Networking.