SportsLine USA Completes Acquisition of GolfWeb

Posted on January 30, 1998

SportsLine USA, Inc. announced that it has completed the acquisition of GolfWeb, a privately-held Internet company that provides golf-related content, interactive entertainment, membership services and merchandise through its GolfWeb online service at http://www.golfweb.com and international Web sites targeted to golf enthusiasts in Japan, the United Kingdom, Canada and Australia.

The acquisition dramatically expands the coverage of golf on SportsLine USA's Web sites which, in addition to CBS SportsLine, include the official Web sites of Tiger Woods, Arnold Palmer, John Daly, The Golf Channel and Golf Holidays. GolfWeb, based in Cupertino, California, will operate as a wholly-owned subsidiary of SportsLine USA, under Tim Harrington who will continue as GolfWeb general manager.

SportsLine USA publishes several sports Web sites including CBS SportsLine and Soccernet and exclusive Web sites for sports teams, organizations and superstars such as Michael Jordan, Tiger Woods and Shaquille O'Neal.