Jason, in your 'ignorance', you asked:
< Ross,
If there was any partner of note, don't you think LOOK would have a duty to release this to the market? It's been nearly 3 months since the "major media partner" deal was floated during the CC. The market should have heard who it is by now. Surely it's a price sensitive announcement... Or has it fallen through???
The story is very sad indeed. I believe that LOOK is being steered in the wrong direction ATM. They need to get back to basics. They have the technology, not sure about the know how anymore after restructuring. Basically they have too many irons in the fire ATM.
Quik.
-----------------------------------------------
spetty772002 then replied to you .....
"I assumed the deal was a partnership with the Meredith Company that LMC was posting about yesterday."
Jason & smuggs ...... I have just (now), replied to 'spetty2002'. In case you miss it:
Yes, but sadly, both "Thiktrade", "smuggler" (Barry) and others cannot understand the significance of this LOOK 'relationship'. Nor can they understand that ultimately, Looksmart will be playing an important (& profitable) role, in the overall scheme of things.
Or, that this same Meridith Corporation has only recently purchased 3 "new" magazines from one of the top-ranked magazine publishers in America, reaching one of the largest readerships in the US, including "Child", "Family Circle", "Fast Company", "Fitness, Inc.", and "Parents". readers should pick any 3, from those (above) mentioned!!
Or, that, this same Meridith Co has just entered a relationship with Contextweb & that they, through Highbeam, have been lonstanding partners of Looksmart.
< ContextWeb recently won deals to show it's ADS on Meridith Web Properties, which include the sites for "Ladies Home Journal" and "Better Homes & Gardens"), and Highbeam Research's Website. >
http://www.contextweb.com/Corporate/pressroom/docs/AdWeek6-20-05.pd
Or, that, Publishers & Media Co's, now fully understand an obvious need for them to gain a bigger share (for themselves), of a now 'talked of', 2005 - $14 Billion (online) ADS revenue, "search pie". (And, with Looksmart, they will!!)
Oh well .... There are none so blind as those who cannot see ....
And there are OTHER Major Publishers, yet to be named here, that LOOK already have. It is confusing enought already, for some to fully comprehend, the above ramifications.
Cheers !!
:)
LMC
PS: In regards, the major partner ...We should remember that David Hills has said: "..........This large Media Company has bought everything, that was NOT 'bolted down'. They bought 'SEARCH Content' because they wanted to 'drive their own search'. They bought 'the crawler', because they wanted to drive their OWN search site. They bought 'the Advertiser Centre', [along with the 15 most recent improvements], because they wanted to start to deal with their OWN advertisers, in search."
And there is MORE !!!
Yes .... IF only they could read!! (They STILL haven't a "clue", it seems).
:)
LC
LOK
looksmart limited
hey quiktrade ... wanna know something???
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