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

Iraq, its domain and the 'terrorist-funding' owner

The war against Iraq may be drawing to a close but the war over its Internet future is just beginning more »

Windows CE to outship PCs in five years - researcher

In five years' time, more Windows CE devices will be shipping than Windows PCs more »

Government surveillance of online phone calls sparks controversy

Wiretapping takes on a whole new meaning now that phone calls are being made over the Internet, posing legal and technical hurdles for the FBI more »

Hidden cost

The high price of piracy more »

Sex takes backseat to Al-Jazeera site in Internet searches

In spite of being mostly knocked offline, the Web site of Arab satellite news network Al-Jazeera was among the most sought-after on the Internet last week more »

Canada becomes first to ratify NATO expansion

Canada has become the first nation to ratify expansion of the NATO defense alliance, which Latvia and six other nations have been invited to join more »

HP Thinks in 3D for Web Browsing

Hewlett-Packard's future vision of shopping online more »

Writers of Viruses Get Politics Bug

The war hasn't spawned new viruses. Instead, the same old viruses are being sent with new subject lines in the e-mail. more »

Web swarm gathers in the Netherlands

Eyebees, a Dutch-based start-up, has launched a beta version of a software application bearing the company's name that allows users to become either part of or lead an on-line "swarm" as they navigate the Internet more »

search.lt news

search.lt presents newest links more »