Disney/Infoseek's GO Network The Walt Disney Co. took a 43 stake in Infoseek this year, and together they designed a new portal that will officially launch in January at www.go.com. GO Network (available in preview version now) aims to unify all the Web properties that Disney owns or has a stake in, including ESPN.com, Disney.com, Family.com, MrShowbiz.com and ABCnews.com. The portal at Infoseek.com will remain a separate Web guide, athough it will be linked to portions of GO.
Reach: Infoseek's reach for October was nearly 22 percent, while Disney's other properties totaled 23 percent. An unduplicated reach figure-the number of people Infoseek and Disney joint reached-was not available. Infoseek's average daily page views in September were 21 million, while ESPN.com and ABCNews.com together had 17 million in page views.
Financials: Infoseek reported $19 million in revenue for the most recent quarter, and a net loss of $2.6 million. Disney does not separate its Internet properties in financial reports. However, in seeking regulatory approval for the Infoseek transaction, Disney said ABCnews.com earned only $7 million in during the nine months ending in June, while spending nearly $19 million on operating expenses, for a loss of $2.8 million. For the same period, ESPN.com earned $14.5 million in revenue, not enough to cover its $18 million in operating expenses. Disney reported no figures for its family sites.
Vision: Infoseek CEO Harry Motro: "Our vision is to combine leading consumer brands with a network of interactive services so you really change people's lives, and how they use the web, and how they generally get what they want done. Our vision is beyond just the Internet. We view our customers as customers on TV, radio, cruise ships, stores and anywhere. "
6.
Excite Excite, like Yahoo, believes in a highly unified site with only one brand. It, too, started as a humble search engine originally called Architect Software. It went on an 18-month purchase binge in which it traded shares worth more than $200 million for nine companies, including competing Web guides Web Crawler and the Magellan Internet Guide. More recently, Excite bought MatchLogic, whose database software the company said will help it raise advertising rates by targeting ads more precisely to the viewing preferences of visitors.
Reach: Excite had audience reach of 30 percent in October, or nearly 19 million visitors. Its audience share has remained within two or three points since April, when it was 33 percent.
Financials: Excite reported revenue of $44 million in the most recent quarter, with a net loss of $6.8 million after all charges.
Vision: Founder and Senior VP Joe Kraus: "Our strategy is a belief that American consumers want two things: convenience and brand. Our strategy is to offer the most convenient experience on the front page of Excite, with huge depth behind that page, and then aggregate all of that into one brand identity.
© Copyright 1998 The Washington Post Company
Back to the top