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CALIFORNIA / News and Insight on Business in the
Golden State

Heard On The Beat / Buzz From The Business World

February 10, 1999|KAREN KAPLAN, technology reporter

Staying Put: Barry Diller may by trying to reshape the online landscape with his deal to combine Ticketmaster, Home Shopping Network and Lycos into a $21.5-billion company called USA Lycos Interactive Networks. But Ticketmaster Online-CitySearch, which will account for almost 20% of the combined company, will stay put in Pasadena.

"Same bat time, same bat channel," said Charles Conn, chief executive of Ticketmaster Online-CitySearch. "There's no reason at all to move a company with several hundred people out there" to Waltham, Mass., where the Internet portal company Lycos is located.

Los Angeles-based Ticketmaster will stay put as well, Conn said.

No official word yet from Diller about where the new USA Lycos will be headquartered.

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