Ticketmaster-Citysearch (TMCS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ticketmaster-Citysearch (TMCS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CaraMia who wrote (682)	7/19/1999 5:35:00 PM
From: CaraMia	Read Replies (1) of 803

MORE SUPER NEWS >>Ticketmaster <TMCS.O> sees deal adding $10 million SEATTLE, July 19 (Reuters) - Ticketmaster Online-CitySearch chief executive officer, Charles Conn, said Monday he expects the acquisition of Microsoft Corp.'s city guide Internet properties will add about $10 million to revenues in the first year. Conn, in a conference call with reporters and analysts, said the estimate includes revenue from new advertising accounts but not the impact of an included deal to distribute Ticketmaster services through Microsoft's MSN Web portal. Executives also said in the call that the deal will affect about 90 Microsoft employees in 10 cities who produce the Sidewalk online arts and entertainment guides. Conn said many of the employees will be able to find work at Ticketmaster if they agree to move. Some of the Sidewalk offices will be retained or merged with Ticketmaster offices in the same location. Conn, who said the deal would close sometime in the fall, said he did not know what would happen to the Sidewalk name, which Ticketmaster acquired in the deal. 14:20 07-19-99

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next