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tomkee - 1:10 pm on Mar 22, 2005 (gmt 0)
They could have turned down the CitySearch deal because CitySearch data is not that great. Sure it is great in NYC and probably in a few other cities but in most of the other areas they pretend to cover it is pretty bad. Barry Diller may have done plenty of great things to get to where he is now. But I think he has met his match in the dot com world. He has put together a conglomeration of companies. Getting them to work together is easier said than done. This purchase seems to be more of an act of desperation than part of any grand plan. Here is an articel from thestreet.com
"There could have been a lot of reasons why they turned down a CitySearch deal. "
I hope this link is OK. Mods please remove if not.
[thestreet.com...]