CricInfo was launched on 15 March
1993 by Dr Simon King, a British researcher at the University of Minnesota with
help from students and researchers at universities around the world.[4][5]
Badri Seshadri was the Co-founder
and Managing Director of CricInfo who after a long time with CricInfo from
1993, moved to his own regional language-publishing venture.
While a company, CricInfo Ltd,
was formed in 1996, CricInfo remained a volunteer-run operation until late 1999
and was not fully staffed until late 2000. The site was reliant on
contributions from fans around the world who spent hours compiling electronic
scorecards and contributing them to CricInfo's comprehensive archive, as well
as keying in live scores from games around the world using CricInfo's
scoring software, "dougie".[6][7] In 2006, Cricinfo's estimated worth was $150
million.[8]
Cricinfo's significant growth in
the 1990s made it an attractive site for investors during the peak of the
dotcom boom, and in 2000 it received $37 million worth of Satyam Infoway
Ltd. shares in exchange for a 25% stake in the company (a valuation of
around £100 million). It used around $22m worth of the paper to pay off initial
investors but only raised about £6 million by selling the remaining stock.
While the site continued to attract more and more users and operated on a very
low cost base, its income was not enough to support a peak staff of 130 in nine
countries, forcing redundancies.
By late 2002 the company was
making a monthly operating profit and was one of very few independent sports
sites to avoid collapse (such asSports.com and Sportal). However, the
business was still servicing a large loan. Cricinfo was eventually acquired by
the Paul Getty's Wisden Group, the publisher of the Wisden
Cricketers' Almanack and The Wisden Cricketer, and renamed
Wisden Cricinfo. The Wisden brand (and its own wisden.com site) were eventually
phased out in favor of Cricinfo for Wisden's online operations. In December
2005, Wisden re-launched its recently discontinued Wisden Asia Cricket magazine as Cricinfo
Magazine, a magazine dedicated to coverage of Indian cricket. The magazine
published its last issue in July 2007.
In 2007, the Wisden Group began
to be broken up and sold to other companies; BSkyB acquired The
Wisden Cricketer, while Sony Corporation acquired
the Hawk-Eye ball tracking system.[9] In June 2007, ESPN
Inc. announced that it had acquired Cricinfo from the Wisden Group.[10] The
acquisition was intended to help further expand Cricinfo by combining the site
with ESPN's other web properties, includingESPN.com and ESPN
Soccernet. Terms of the acquisition were not disclosed.[11]
ESPNcricinfo's popularity was
further demonstrated on 24 February 2010, when the site could not handle the
heavy traffic experienced after notable Indian player Sachin
Tendulkar broke the record for the highest individual score in a One
Day International match with 200*.[12]
No comments:
Post a Comment