‘New’ LiveDeal Focuses on SMBs; Selling Off Many IYP Accounts

LiveDeal, under new management, has moved away from its roots in Yellow Pages and classifieds, and begun a strategic focus on high end SMB services. As part of its strategy, the company has been selling off many of its directory-related accounts, which CEO Mike Edelhart calls high maintenance, high churn, low yielding and declining. To […]

Kijiji Poised to Change Name to ‘eBay Classifieds’

There is a certain magic with coining a far-out name that really sticks, like “Google” or “Yahoo.” Apparently, the new folks running eBay Classifieds, however, don’t think that ‘Kijiji’ has made the grade. Kijiji, which is Swahili for “Village,” is eBay’s homegrown version of Craig’s List. Key categories include motors, pets, goods, services, housing, jobs […]

Cablevision Still Bullish on Newsday Synergies, Despite Huge Write-Offs

Cablevision bet big on synergy (and ignored the CW about the newspaper industry) when it bought Newsday from Tribune Co. last summer for $650 million. Today, less than eight months later, it concedes that it has written off $402 million of that investment (a significantly worse investment than Stephen Marbury of Cablevision’s Knicks). Whether the […]