The new deal

Published: 2 December 1999 y., Thursday
CBS_s blockbuster deal with the National Collegiate Athletic Association could also be a windfall for SportsLine USA, an online sports news web site partially owned by CBS, through lucrative e-commerce deals. CBS Sports, a division of CBS, Thursday signed a $6 billion, 11-year deal with the NCAA giving the network exclusive rights to broadcast the hugely popular NCAA college basketball championship tournament. The deal, worth about $545 million annually, gives the network all television rights, including over-the-air broadcasting, cable television, satellite, digital and home video, the company said. CBS also acquired the rights for all content relating to these events on the Internet, including rights related to electronic commerce, and the rights to develop various NCAA- related web sites. The deal also gives SportsLine, of which CBS holds a 20 percent stake, a tremendous boost, analysts said. SportsLine is currently duking it out with Disney_s ESPN.com to be the leading provider of sports content on the Internet. SportsLine also provides sports content for America Online. The obvious benefit for SportsLine is that the new deal extends its exclusive coverage of the NCAA tournament which was set to expire in 2002. But the potential for broadband content and e-commerce may prove beneficial. The new deal is effective beginning in 2003.
Šaltinis: Winfiles.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

E-book challenge at Frankfurt fair

Readers could wave goodbye to carrying around heavy books with one of the portable electronic readers on display at the Frankfurt book fair. more »

Orchestral cellphones in Japan

Mobile phone owners in Japan – which means just about everyone – can now dial-a-concert whenever they feel like improving their mood with a tune or two. more »

Apple's $999 laptop

Apple cut the price of its entry level laptop, and unveiled a new line of aluminum clad machines. more »

Japan's human like new robots

The latest robots on display in Japan is proving machines may replace their human counterparts. Some are even helping save lives. more »

Lithuania Web Portal visited by citizens from states accounting for almost half of the world

The recently launched Lithuania Web Portal www.lietuva.lt has already been visited by the Internet users from ninety states. more »

Lithuania Web Portal visited by citizens from states accounting for almost half of the world

The recently launched Lithuania Web Portal www.lietuva.lt has already been visited by the Internet users from ninety states. more »

New Website to Take the Lead in the Online Live Music Webcast Market

Performancecast.tv is releasing their new website for LIVE Online Music Webcasts allowing bands of any stature to broadcast and promote their music world wide. Viewers watching the show can chat with other fans in real time and in some cases chat with the band all in a simple to use format. more »

No more boring Christian videos

GodTuner.com, a recently launched online Christian video-sharing community has been upgraded and is now offering Christians and ministries world-wide the ability to upload and host very high quality videos on their website. more »

Microsoft CEO in Europe

During a five-city tour of EMEA, encompassing Denmark, the UK, Norway, France, and Portugal, Steve Ballmer will meet with customers, partners, business and government leaders. more »

Wincor Nixdorf expands bank, ATM consulting service

Wincor Nixdorf AG has acquired a 51 percent interest in Bankberatung AG, which is based in Wedemark near Hanover, Germany. more »