Netscape Is Back
Time Warner (TWX) wants to revive the once-mighty Netscape brand.
Time Warner's America Online service, whose new In2Tv service is trying to attract people to vintage television shows, plans to resurrect Netscape, one of the most recognized Web brands from the early days of the Internet boon.
The new Netscape will be headed by Jason Calacanis, whose Weblogs Inc. business was acquired by New York-based Time Warner last year. Time Warner has laid off Netscape workers ahead of the Calacanis takeover, according to the gossip blog Valleywag, which previously reported details of Time Warner's plans.Time Warner declined to comment. Calacanis didn't immediately respond to an email. Before it was acquired by Time Warner in 1999, Netscape waged a highly public and ultimately futile battle to provide an alternative browser to Microsoft (MSFT) and its Internet Explorer. That fight was a central issue in the Microsoft antitrust trial. Netscape only has a fraction of the users that it once enjoyed, though its browser still comes preloaded on Hewlett-Packard (HPQ) computers. It also has a portal featuring articles on news, sports and entertainment. "Netscape has some residual credibility among the geeks," says Nick Denton, the head of Valleywag's parent Gawker Media, whose other blogs include Gawker, Defamer and Wonkette. "Calacanis understands that audience, and he's energetic. Also, what's to lose? Netscape is languishing. They might as well let Calacanis shake things up." Calacanis deserves at least some of the credit for the growing popularity of blogs and their offshoots. His company's blogs are some of the the most popular on the Web, such as Endgadget, which focuses on technology news, and the television-fan journal TV Squad.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV