cbs sportsline
The increase in subscription and premium products revenue was due primarily to an increase in fantasy revenue generated from basketball and hockey compared to the previous year and the additional revenue from the creation of games and contests for America Online . The increase in subscription and premium products revenue was due primarily to an increase in fantasy revenue generated from basketball and hockey compared to the previous year and the additional revenue from the creation of games and contests for America Online . This increase was partially offset by a decrease in revenue received from the loyalty program SportsLine Rewards. The principal contributing factors to increased e-commerce revenue were increased product assortment, a new order entry platform and better product promotion through the Company’s relationships with CBS and AOL. The principal contributing factors to increased e-commerce revenue were increased product assortment, a new order entry platform and better product promotion through the Company’s relationships with CBS and AOL. Pursuant to the amendment on April 1, 2003, the Company issued to CBS 5,454,428 shares of common stock valued at approximately $5.4 million, as a result of which the aggregate beneficial ownership interest of CBS and its affiliates in the Company’s outstanding common stock increased to 39.9%.
SportsLine is a registered service mark of SportsLine.com, Inc. CBS “eye device” is a registered trademark of CBS Broadcasting, Inc. SportsLine is a registered service mark of SportsLine.com, Inc. CBS “eye device” is a registered trademark of CBS Broadcasting, Inc.
OPEN Sports Network, located in Deerfield Beach, Florida, was founded in 2007 and the company says that it will launch in August 2008. It was acquired by Viacom in 2004 and is now the flagship sports site of the CBS network. This news comes only a day after AOL’s acquisition acquisition of fantasy sports site Fleaflicker - clearly this market is poised for a shakeup.
Fantasy football, fantasy baseball, fantasy basketball & other sports - CBSSports.com Live Scores, Stats, Schedules CBS SportsLine Founder to Launch OPEN Sports Network
