From: TheStandardEurope.com [mailto:[log in to unmask]] Sent: Wednesday, January 17, 2001 10:05 PM To: [log in to unmask] Subject: INTELLIGENCER EUROPE: BBC plans news site funded by ads | http://europe.thestandard.com/ | ===================================================================== THE INDUSTRY STANDARD EUROPE'S I N T E L L I G E N C E R E U R O P E This week in the European Internet economy ===================================================================== Signup for more FREE newsletters | http://europe.thestandard.com/newsletters | translations by eTranslate Wednesday 17 January, 2001 TOP STORY: * BBC plans news site funded by ads WORTH REPEATING: * The online "information laxative" BRIEFS: * News highlights of the week BY THE NUMBERS: * European slice gets bigger /=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= advertisement =-=-=\ INTERNET CONTENT EUROPE - The largest independent online content event ever held in Europe is coming to Monaco next March 13-14. Meet the people driving the online content industry, and make new partnerships with the leading players. Featuring over 80 world class speakers, 500 high level attendees and 70+ Expo booths http://www.internetcontent.net/europe/index.shtml \=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/ TOP STORY ~~~~~~~~~ BBC plans news site funded by ads Media rivals and BBC news chiefs react with fury at the prospect of a news site run on ad revenues as well as public licence fees. by Chris Nuttall and Bernhard Warner The BBC has plans to run advertisements on a new international news Web site to be launched in June. BBC News Online will develop the site at its recently acquired address BBCNews.com, according to sources close to the project. The possibility that the site could carry banner advertising has caused a furore within the BBC and is certain to alarm media rivals across the world. It would mark the first time a publicly funded BBC Internet project has taken the ad industry's money. Moreover, it would represent a complete reversal in thinking by BBC news chiefs who had fought to keep the online news division independent of any commercial interests. In the past, the Internet industry in the UK has raised loud objections to any expansion plans from the BBC, arguing that they would stunt the growth of the fledgling commercial online sector. The biggest fear of any commercially-run site in the UK is the prospect of competing against the BBC for its audience - and now, for advertisers. Hugo Drayton, managing director of Hollinger Telegraph New Media and member of the British Internet Publishers' Association (BIPA), a pressure group determined to resist the BBC's continuing strides towards online commercialisation, said: "Common sense says they cannot be allowed to do that." But they are. A BBC spokesman confirmed that "the BBC is exploring a number of new ways of raising revenue, in line with the government's requirements that it find ways to supplement the [television] licence fees. A commercial news site for international users is one possibility." READ THE FULL, EXCLUSIVE STORY: http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896935 ---------------------------------------------------------------------- WORTH REPEATING ~~~~~~~~~~~~~~~ "Just think of Plastic as an information laxative, your best bet for getting at the Internet's richest waste." Press release announcing the launch of Plastic.com ---------------------------------------------------------------------- BRIEFS ~~~~~~ FIDDLER'S DUET: What do you do with a dotcom spinoff with limited revenue prospects? Use it to buy back the original, profitable bricks-and-mortar business. Meanfiddler.com, the dotcom spun off from the profitable owner of concert venues and operator of the Reading and Fleadh festivals, has decided to buy Mean Fiddler Group from chairman Vince Powers for #32 million (50.5 million euros). The transaction brings all of the Mean Fiddler assets-12 nightclubs, the festivals, a ticketing business and a media company-under one roof again. http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896936 TUESDAY'S SALE: Yazam, the Israeli incubator that bought First Tuesday last summer, is closing its European operations in a move which effectively puts First Tuesday back on the market. The news also casts doubt over the future of the Yazam business in the US. First Tuesday, meanwhile, is seeing further cutbacks, shedding its support staff and the organisers of its popular matchmaking events in a move that will reduce staff numbers to around six from just under 30 in November. http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896937 EXPRESS WISH: Employees of four defunct Web sites formerly owned by Express Newspapers are to sue for redundancy and back pay that they claim they were denied when the sites were shut down last week. Express.co.uk Publishing Ltd, Sportlive.co.uk Ltd, Allaboutparents Ltd and Companyleader Ltd were liquidated last week by investment bank Seymour Pierce after the Express newspaper group and sites were sold to publishing tycoon Richard Desmond in November. They were reported to be making losses of #8 million (12.7 million euros) a year. http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896938 EURO HEROES: Europe is planning to take up arms in the fight against cybercrime. While many EU countries have national measures to tackle computer-related crime, there's still very little European-wide cooperation. Now the European Commission is outlining an EU-wide initiative to tackle cybercrime, according to a draft document leaked on the Net. The commission will establish a Forum to serve as both a rapid alert body to tackle incidences of cybercrime and as a general platform for information exchange. http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896939 INTERSHOP CUTS BACK: Struggling e-commerce software maker Intershop Communications is to eliminate 80 jobs in the US - about 30 per cent of its American workforce. The company has seen its stock plummet since revising its projected fourth-quarter results downward on 1 January. The poor performance of Intershop - which was long held up as a success story for Germany's new economy and for the revitalisation of the formerly communist East - has sent ripples through the country's technology industry. http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896940 CREDIT LINE FOR PRICELINE: Priceline Europe has accomplished something its US parent company cannot - attract funding. In a rare vote of confidence for the struggling b-to-c sector, US-based venture capitalist General Atlantic Partners has agreed to give Priceline Europe $25 million (27 million euros) to help fund a new advertising campaign. Priceline Europe CEO Dennis Malamatinas said: "This injection of funds will help us build on [a] solid foundation." http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896941 BRIGHT YOUNG THING: The well-established European leader in the "knowledge management" software market is Autonomy - but search engine technology firm Bright Station is snapping at its heels. Last week, it closed a deal with Intel and claimed that by doing so it had weakened Autonomy's position in the market - much to its rival's annoyance. The deal will see Intel demonstrating Bright Station's Smartlogik knowledge management system to its customers and providing technical help to ensure the technology is compatible with Intel chips. http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896942 WIRED WHITEHALL: The British government says that more than 40 per cent of government services are now available online, more than a year ahead of target. And the figure should rise to nearly 75 per cent by 2002, the e-envoy's office said in a statement. The target set in March 2000 by prime minister Tony Blair was to put all government services online by 2005. "We are investing more than #1 billion in the next three years to step up this drive," says Cabinet Office minister Ian McCartney. http://tm0.com/sbct.cgi?s=110982215&i=293220&d=896943 ---------------------------------------------------------------------- BY THE NUMBERS ~~~~~~~~~~~~~~ Europe will account for over 40 per cent of the world's Internet users by the end of 2001, according to a report by Jupiter research. Meanwhile, research by eMarketer indicates the percentage of global online revenue originating in Europe is set to increase from 15 per cent to 29 per cent by 2003. http://www.internetnews.com/intl-news/article/0,,6_560871,00.html /=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= advertisement =-=-=\ The Industry Standard Europe is the market leading magazine providing all the latest e-business news from the European Internet economy. Have your 3 free trial issues delivered direct to your door when you sign up for a yearly subscription of #34.97. That works out at just 73p per issue. Subscribe here: https://secure.widearea.co.uk/thestandardeurope/web/ \=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=/ STAFF ~~~~~ Written by James Price. Send news tips and press releases to [log in to unmask] at The Industry Standard's London bureau. 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