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Home > Company Index > Media > Internet & Online Content Providers > Rival Networks, Inc.

Rival Networks, Inc.
 NEWS FROM THE STANDARD
Late Market Movers: Trading Tech for Blue Chips
Dec 04 2000 02:31 PM PST

Game Over for 40 Workers at Rivals.com
Jul 28 2000 12:42 PM PDT

 PROFILE
The sports portals have one less rival. Affinity network builder Rival Networks, which sold advertising and e-commerce opportunities on some 600 independent sports related Web sites, closed its doors in 2001 after burning through $70 million in startup cash and attempts to sell the company fell through. Its sites covered a variety of high school, college, and professional sports teams, as well as tennis, soccer, and extreme sports. It had also launched European and Japanese versions of its Web sites. The company had been started in 1999 by J.C. Heckman Jr., who abruptly left the company in 2000. News Corporation owned almost half the company through subsidiary News America, while Heckman had about 20%.

 TRACKERS
Apr. 11, 2001 - LAYOFF TRACKER
80 laid off
Description: See Flop Tracker.

Jul. 27, 2000 - LAYOFF TRACKER
40 laid off
Description: Focusing on profitable products.

More LAYOFF NEWS

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1.20
1-Yr. Sales Growth: 217.1%
Employees: 137
Revenue per employee: $8,759.12

 KEY PEOPLE
• Saul Gamoran
    CEO
• Richard Munoz
    CFO

 CONTACT INFO
413 Pine St., Ste. 500
Seattle, WA 98101
US
Phone: 206-381-6900
Fax: 206-381-6999
Online: Web Site

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