×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Reuters, TCI back Sportsline Web site

Published on .

Reuters NewMedia and Tele-Communications Inc. are the newest backers of Sportsline USA, a Web-based sports entertainment service. The two companies join venture capital firm Kleiner Perkins Caufield & Byers, New York Life and Alliance Technology Ventures in contributing venture financing of $11 million. Reuters' investment amounted to $3 million. SportsLine is positioning itself as a competitor to ESPN's Web site, ESPNet Sportszone.

Most Popular
In this article: