IS GCTY for sale?
news.com
For some companies, such as GeoCities, community building forms the foundation of their service, while other Internet portals--such as Yahoo, Excite, AOL.com, MSN.com, and Lycos, have added community to their offerings in hopes of attracting a wider audience. While Internet portals are among the most popular sites on the Web, competition among them is fierce, and they must work constantly to retain millions of users visiting their sites each day. Thus far, the community gamble seems to have paid off for portals such as Lycos, which acquired home page communities Tripod and Angelfire earlier this year. Indeed, Lycos vaulted past competitor Excite in audience reach after its acquired those two services, as well as Wired Digital and WhoWhere, according to Jupiter Communications.
Yahoo and Excite, for their part, have made their own bids to bolster their offerings, releasing rival "community builders" within days of each other this summer. The additions give users of the sites the ability to create and categorize their own communities, and, in return, the portals gain the opportunity to sell targeted advertising to communities targeted at specific audiences and to collect demographic data about people using the community building services. |