Date: 29th January 2001

Disney May Shut Down Go Portal


Commenting that "the advertising community has abandoned the Internet," Disney Chairman Michael Eisner has told the London Financial Times that the company is considering abandoning its Go.com portal, which has cost it hundreds of millions of dollars. "If a portal becomes only a search engine and directory," Eisner said, "then a portal may not be what we want."

Source: Studio Briefing