CMGI is best known for their ownership of AltaVista search engine and the former ad network Flycast/Engage.

CMGI, whose vastly depreciated Internet holdings have made it a poster child for the failed dot-com era, said it will take a charge of $21 million in the quarter ended July 31 to cover the future payments to be made under the deal. CMGI blamed both a downturn in technology industries and the need to focus on its own restructuring for the change in the deal.