SPORTS EXTRA / FOCUS ON GOLF
In a major strategy shift, FairMarket has signed a deal with EBay instead of trying to compete with the rival auction site. Under the deal, which takes effect in the second quarter, FairMarket clients can choose to list items for auction on EBay’s site. Previously, Woburn, Mass.-based FairMarket had set up a network of auction sites to compete with San Jose-based EBay. Terms of the arrangement were not disclosed. FairMarket launched its auction network in late 1999, teaming up with Microsoft’s MSN, Excite@Home and Dell Computer. FairMarket shares rose 6 cents to close at $2.38, and EBay shares rose $1.13 to close at $45.69, both on Nasdaq.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
