might be a problem with this acquisition. be sure to read the update, where Terry is threatening to sue the blog. <a href="http://www.techcrunch.com/2007/04/12/ceo-of-rivals-committed-securities-fraud-may-kill-yahoo-acquisition/">CEO Of Rivals Involved In Securities Fraud; May Kill Yahoo Acquisition</a>
This is a done deal: http://www.nytimes.com/2007/06/21/technology/21yahoo.html $98 mil, according to Sports Biz Journal.
Did some business with them before that meltdown, when they hosted a site for Shout! magazine. Bad memories.
I don't see this acquisition doing much for Yahoo from the perspective of acquiring new audience. It does give them more inventory for delivery of targeted search, but they could have made a deal for that for a few million dollars a year rather than fronting $100 million. Rivals screwed up several established, legit sports sites (like Dyestat.com) when they assumed room temperature back in 2000. I was about two weeks away from migrating my existing site to their platform and was going to invest about $12,000 to start up my network of stringers over the first 90 days after launch. I'm grateful they went belly-up when they did or else I would have lost about half of the $12 grand.
Yahoo has already been distributing articles from sites within the Rivals network on the respective team pages on Yahoo for likely going on a full year now. I'm curious to see how this changes things -- if at all -- for either side. And yes, if Yahoo starts putting all content from Rivals on its site, that will mean lots of people will be reading lots and lots of bad, bad articles.
Minor threadjack: All hail dyestat.com. They do it right. It's not journalism, but it's one of the best non-journalism sports sites out there.
I believe you are referring to the troll known as DyePack. Dyestat.com is a track and field website. The two are not related.