Excite@Home to Close Three European Media Operations

Share this article:
Excite@Home plans to close its Web sites and local operations in France, Germany and Spain and focus its European media business on its United Kingdom and Italian investments, the company said yesterday.


The company also plans to shut down its Web sites operated from London but directed at other European markets.


The move is in keeping with the company's plan to close unprofitable operations and concentrate on its broadband businesses.


The closings will not affect Excite@Home's portal joint venture operations in the UK and Italy. It also will not affect its jointly operated Japanese and Australian portals.


The company did not disclose how many employees will lose their jobs.


"We have every intention of ensuring that our Excite businesses in the UK and Italy continue to receive support consistent with their market positions and secure financial status," said Evan Rudowski, Excite@Home's managing director for Excite Europe.


The company said that despite the downturn in the Internet advertising market in Europe, its Excite UK and Excite Italia operations have positive growth prospects.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in News

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

Customer Centricity Is Spurring Marketing-Tech Investments

Customer Centricity Is Spurring Marketing-Tech Investments

A majority of marketers rank customer satisfaction improvements as paramount in the technology investment decisions.

Big, Bold Moves in the C-Suite

Big, Bold Moves in the C-Suite ...

JCPenney appoints Home Depot's Marvin Ellison as CEO; Harte Hanks and JWT add hitting power to their C-level benches

Campaign Comes to the States

Campaign Comes to the States

DMN's UK-based sister publication launches Campaign US