Lycos ditches portal to focus on social networks
So now Lycos ditching its free community tools begins to make sense...
In two dramatic announcements this week, Lycos U.S. said it will shed its portal strategy to become a vast social network
http://www.internetnews.com/IAR/article.php/3311971
Executive Vice President Mark Stoever is quoted as saying:
"This is totally an untapped space. We'll enter the market already in the leadership position because of where we've been. Lycos will be the first to bring together the entire spectrum of ways people connect online."
See also: Lycos withdrawing from community sites
Posted by Martin Belam, February 13, 2004
Read the latest posts on currybetdotnet about: Search
The views expressed on currybetdotnet are my own, and do not reflect the views of my current or former employers.
Get free updates via RSS
Get free updates by email
Follow Martin Belam on Twitter
Search
Training
"Learn to blog smart: join the conversation" with Martin Belam - London 26 February, 2009
Download e-books
About Martin Belam
I'm a London-based internet consultant and writer, with 8 years experience in product management, information architecture, and user experience design for global brands like Sony, Vodafone, The Guardian and the BBC. I specialise in advising on search, widgets, RSS, online news publishing and bulk email delivery.
Martin Belam CV
email: martin.belam@currybet.net
tel: +44 (0) 7801 828718
twitter: currybet
About Martin Belam and this site
Recent posts
Recent comments
Popular posts
- Protecting the identity of Baby P's killers: The courts vs the people vs the Internet
- Day #2 at Guardian Hack Day
- The BBC News linking policy is simply clumsy, not 'greedy'
- BBC fails the online Brand damage limitation test
- "The Former Scottish Constituency of Northumbria"
- Social media and www.bbc.co.uk
- Take-away facts and quotes from the 2008 Euro IA Summit in Amsterdam - Part 1
- Measuring UK newspaper success with social media
Popular categories
BBC, Doctor Who, Ghost Walks, Media, Music, Newspapers, Search, Social media, Web
Contact: martin dot belam at currybet dot net
©2009 Martin Belam where appropriate. Powered by Movable Type. Hosted by Bytemark.
Manufactured in Great Britain.
2 comments so far
"the revenue potential for its new model lies in subscriptions"
Subscriptions to what? Communities? Pay to be an audience for advertisers? Because that's what this article seems to be saying. What's in it for the user?
I wonder if they need staff...? connect.. hub.. Why do those words sound so familiar?
Why am I asking so many questions?
So they've finally realised that the only money to be made in communities is in dating.
I love the bit where they say it's "untapped" space. It's a gold rush, with no hint of gold. Everyone is rushing in and no one has any sense about what they're going to do once they get there...
There's a Subway opening up across the road, I think I'll go and get a job there, get out of the lunacy.