Short Take: Netscape and Yahoo renogotiate terms
Netscape and Yahoo have renegotiated some terms of a comarketing agreement that calls for Yahoo to manage the Netscape Guide by Yahoo on Netscape's Web site. Yahoo has cut the first-year payments to Netscape to $4.7 million from $10 million, according to a federal regulatory filing. However, it adds: "Actual payments may be higher and will relate directly to the overall revenue recognized from the guide." The relationship has since been expanded to make Yahoo a "premier provider" of international search guide services for Netscape, requiring a $2.9 million cash payment, Netscape noted.
Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
and Yahoo have renegotiated some terms of a comarketing agreement that calls for Yahoo to manage the Netscape Guide by Yahoo on Netscape's Web site. Yahoo has cut the first-year payments to Netscape to $4.7 million from $10 million, according to a federal regulatory filing. However, it adds: "Actual payments may be higher and will relate directly to the overall revenue recognized from the guide." The relationship has since been expanded to make Yahoo a "premier provider" of international search guide services for Netscape, requiring a $2.9 million cash payment, Netscape noted.
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