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

Hotmail Targets Web Beacons

Microsoft on Thursday announced Hotmail users could block HTML images from appearing in e-mail messages, in a move meant to foil spammers trolling for valid e-mail addresses more »

U.S. agencies defend gov't data-mining plans

Leaders of two much-criticized projects that privacy advocates fear will collect massive amounts of data on U.S. residents defended those projects before the U.S. Congress Tuesday more »

Microsoft unveils hardware partner portal

Site holds resources for hardware and driver software makers more »

search.lt news

search.lt presents newest links more »

Europe's Borderless Market: The Net

Business-to-business e-commerce is thriving more »

Poland - Lucent to expand Netia's ATM broadband network

Lucent Technologies has been executing the second phase of the ATM multiservice network for Netia, one of Poland's largest independent telecommunications service providers more »

Business Users Clearly Define Spam

The difference between spam and desired e-mail is whether the user has previously transacted business with the sender. more »

The Great IT Complexity Challenge

Technology is supposed to help simplify transactions and increase the speed of doing business, but often that is not the way it works more »

Immigration applications online

The Bureau of Citizenship and Immigration Services will start accepting immigration applications filed through the Internet on May 29 more »

search.lt news

search.lt presents newest links more »