Feeds

Yahoo! buys! Rivals!

No, not the Jilly Cooper tome

The Power of One Brief: Top reasons to choose HP BladeSystem

Yahoo! has bought college and high school sports site Rivals.com.

Yahoo! says the buy will bolster its existing sports coverage, which mostly focuses on national sports. Rivals, which opened in 2001, claims two million visitors a month and concentrates on college football and basketball.

The deal, we're told, is all about community and Rivals' "most engaged sports audience on the internet".

Although financial terms were not disclosed, speculation is that Yahoo! paid in the region of $100m.

Rivals has 180,000 subscribers who pay $10 a month, and the site also brings in cash from advertising and ecommerce.

The deal comes days after co-founder Jerry Yang took over the top job at Yahoo!, replacing Terry Semel, although presumably he didn't put the deal together in four days.

The Yahoo! release is here, or the statement from Rivals' CEO Shannon Terry is here. ®

Seven Steps to Software Security

More from The Register

next story
NSA man: 'Tell me about your Turkish connections'
Spooks ask Dabbsy to suggest a nice hotel with pool
Russia sends SEX-CRAZED GECKOS to SPAAAAACE!
In space... no one can hear you're green...
Carlos: Slim your working week to just three days of toil
'Midas World' vision suggests you retire later, watch more tellie and buy more stuff
Yahoo! Japan! launches! service! for! the! dead!
If you're reading this email, I am no longer alive
Plucky Rockall podule man back on (proper) dry land
Bold, barmy Brit adventurer Nick Hancock escapes North Atlantic islet
Motorist 'thought car had caught fire' as Adele track came on stereo
'FIRE' caption on dashboard prompts dunderheaded hard shoulder halt
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.