In a stunning move that surprised industry watchers, AOL andGoTo.com, a search, comparison-shopping and auction-seeking service, have inked a multi-year, $50 million agreement. Through the deal, AOL will distribute GoTo's Pay-For-Performance listings on the search results pages of AOL, AOL.com and Netscape Netcenter. Okay, so industry watchers weren't stunned, but hey, that's a lot of dough changing hands just to get some advertising placed. Maybe the FTC should look into it.
Additionally, AOL now has an "AOL Mobile" service via AT&T's Digital PocketNet service, as part of its "AOL Anywhere" world domination campaign. Users of the service with Internet-ready cell phones will now have access to AOL email, MovieFone, MapQuest and Digital City. No word yet whether the European Commission thinks this is okay.
And for the big finale, AOL and OmniSky have reached a pact similar to AOL's AT&T deal. OmniSky offers wireless Internet services for handheld wireless devices—your Palm Pilots, your Handsprings, etc. As part of the deal, AOL will make a minority equity investment in OmniSky. That's just the kind of thing that regulators at the FCC should investigate.
LIVE NATION POSTS (ANOTHER) RECORD QUARTER
More butts in seats than ever before. (5/3a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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