ISDEX & Market Moves
CompuServe is now part of WorldCom (NASDAQ:WCOM) and AOL (NYSE:AOL) as the $1.3 billion deal finally goes through. WorldCom spun off CompuServe’s consumer accounts to AOL while it keeps the network side. Former 80% CompuServe shareholder H&R Block (NYSE:HRB) now owns 3% of WCOM.
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Mecklermedia (NASDAQ:MECK), producer of this report, announces that the first issue of its new Internet World weekly was published today. The new Internet World was formerly known as Web Week.
SportsLine USA (NASDAQ:SPLN) reports record revenue and site traffic for the fourth quarter ended December 31, 1997.
Quarterly revenue increases to $4.46 million from $1.26 million 4Q96 while net loss is $7.55 million or $.62 per share vs. net losses of $4.2 million, or $.49 per share 4Q96.
Reports Web site page views increase of 251%, averaging 2.83 million page views per day during the fourth quarter of 1997, compared to 0.81 million page views per