NBC Internet

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Lays off

9:28 am on Jan 22, 2001 (gmt 0)

Story here:
[lasvegassun.com...] .

This year is starting with a bang.

2:19 pm on Jan 22, 2001 (gmt 0)

Yeah, this pretty much tells the tale...

NBC Internet posted a staggering net loss of $157.8 million on revenues of $31.3 million in the three months ending Sept. 30.

My guess is that the 4th quarter wasn't much better.

In what may be related news, NCBi abruptly cut their affiliate ppc to .02 from .04 on January 16th.