Menu
Sports Media

SPORTSLINE REVENUE UP 107%, BUT SHORT OF EXPECTATIONS

          SportsLine USA reported quarterly revenue of $7.4M, up
     107% from last year, according to L.A. Lorek of the Ft.
     Lauderdale SUN-SENTINEL.  But results "fell short of
     analysts' expectations because of weak advertising
     revenues."  The company had a net loss of $7.7M, or $.41 a
     share, compared with '97's net loss of $9.6M, or $.87 a
     share.  Share of SportsLine fell $.06, and closed at $11
     yesterday on the NASDAQ.  Daily visits to CBS SportsLine
     averaged 520,000 in 3Q '98, up from 236,000 in the same
     quarter last year (Ft. Lauderdale SUN-SENTINEL, 10/21).
          GETTING EXCITE-D: SportsLine USA also announced that it
     will become the exclusive provider of sports content for the
     Excite Sports Channel, a area which will launch later this
     year.  SportsLine will co-brand and offer content to Excite
     Sports Channel and Excite's WebCrawler service (SportsLine).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1998/10/21/Sports-Media/SPORTSLINE-REVENUE-UP-107-BUT-SHORT-OF-EXPECTATIONS.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1998/10/21/Sports-Media/SPORTSLINE-REVENUE-UP-107-BUT-SHORT-OF-EXPECTATIONS.aspx

CLOSE