John Paczkowski

Recent Posts by John Paczkowski

Quick, Get the Camera, Honey. Yahoo Bought a Company That's Already Making Money.

Facilities has had just a few days to pry the “Terry Semel” nameplate from the door of Yahoo’s CEO offices, and already it’s back to business as usual. This morning the company acquired Rivals.com, a college football- and basketball-focused news and community site. Financial terms of the deal weren’t disclosed, but presumably the purchase price is close to the the $100 million reported by paidContent back in April.

It’s a savvy acquisition for Yahoo, one that delivers a pre-existing and very local audience to Yahoo Sports, which is battling it out with ESPN.com and other rivals for the desirable college-sports-fan demographic. And of course, it helps that Rivals.com is actually making money–about $22 million or so a year. That said, it’s not really the sort of major acquisition (read: Facebook) that might make up for the two big bungled acquisition chances–YouTube and DoubleClick–that allowed Google to take such a commanding business lead.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work