Yahoo! sports get Rivals.com


	Yahoo! sports get Rivals.com

kmakice

6-21-2007 8:00 PM

775 views

tags:

sports, yahoo!, rivals.com, scouting

kmakice says:

This is big news for Indiana Hoosiers followers, who like many other college sports fans rely on the information from Rivals to figure out which recruits are putting on the team uni.

This is the original post from yesterday, but I got my tip through Pay Coyle's blog today. http://www.patcoyle.net/2007/06/21/yahoo-to-buy-rivalscom/

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/98f8ffdf-d6a0-4ceb-b5d0-ea111255eb1f/F4974887-55A9-46C6-A16D-4B1E4A51DFD8/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.paidcontent.org/entry/419-its-official-yahoo-acquires-rivalscom/" href="http://www.paidcontent.org/entry/419-its-official-yahoo-acquires-rivalscom/" style="font-size: 11px;">www.paidcontent.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.paidcontent.org/entry/419-its-official-yahoo-acquires-rivalscom/"><P>
For Yahoo, it’s a substantial investment in media at a time when the company’s every move is under a microscope. Yahoo Sports is part of SVP Scott Moore’s portfolio. He explained the acquisition in an interview Wednesday:
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-- “From a business standpoint, they have a robust subscription business around their communities. We think that is highly leverage-able. They’ve really become vertical social networks.” Rivals has about 185,000 subscribers who pay $99.95 annually or $9.95 a month; most are annual subs. The company turned profitable in the past 12-18 months.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.paidcontent.org/entry/419-its-official-yahoo-acquires-rivalscom/"><P>
-- Rivals.com relies on an extensive network of local publishers; due diligence on those contracts took considerable time but Moore said the distribution deals were assignable.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.paidcontent.org/entry/419-its-official-yahoo-acquires-rivalscom/">Yahoo was on the verge of acquiring college sports network <A title="Rivals.com" href="http://www.rivals.com">Rivals.com</A>.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.paidcontent.org/entry/419-its-official-yahoo-acquires-rivalscom/"><B>The terms aren’t being released but the amount is close to the $100 million we reported earlier.</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.paidcontent.org/entry/419-its-official-yahoo-acquires-rivalscom/">FIM paid $60 million for competitor Scout.com in September 2005.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F4974887-55A9-46C6-A16D-4B1E4A51DFD8/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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