gigaom.com - 6/21/2007
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Yahoo will announce tomorrow it has bought collegiate sports site Rivals.com. Rivals.com runs a subscription business, charging $10 to $100 per month to 185,000 subscribers. Its peak traffic was 2.57 million visitors last September at the kickoff of college football season.
2 Comments
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louismg TechCrunch also has the story and is reporting the price came in around $100 Million. Wow.http://www.techcrunch.com/2007/06/20/yahoo-acquires-rival-for-100million/ -
preprosports Talk about finally cashing out...but you have to look at the history of Rivals to know that some folks lost their shirts with this venture...
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