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Nice to Have Money, Microsoft to spend $100 Million on MSN in FY97

 

Microsoft Corp will spend $100 million in the current fiscal year to market its relaunched Microsoft Network (MSN) online service, a company executive said Thursday.

Laura Jennings, an MSN vice-president, said at a briefing here for press and analysts that company executives did not expect the service to become profitable for "at least three years."

She said the service has implemented a new billing system to resolve problems that have caused lengthy delays, and the network now has the capacity to handle six to seven million subscribers.

Because of billing problems, many subscribers have not received bills for up to three months.

 

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