Media Business News and Trends

Online auction company eBay said its PayPal auction payment unit is being investigated for possible violations of the USA Patriot Act.

Posted Apr 04, 2003

David Gurle has announced that he will be leaving Microsoft to join Reuters Group as executive vice president and global head of collaboration services effective April 1.

Posted Apr 01, 2003

Salon Media Group, an Internet media company, has announced the successful completion of an additional round of financing, providing the company with necessary capital to continue operations as it works towards achieving profitability.

Posted Apr 01, 2003

During the war with Iraq, MSNBC.com will offer free video coverage, including NBC News, MSNBC cable coverage, and coverage from MSNBC.com anchor Dara Brown.

Posted Mar 25, 2003

8e6 Technologies has issued a warning to companies that the war with Iraq may lead to a workplace productivity slowdown as employees turn to news on the Internet.

Posted Mar 21, 2003

Outsell, Inc. has announced its forecast for leading companies in the Information Content (IC) Industry.

Posted Mar 18, 2003

In-Q-Tel, a private venture group funded by the Central Intelligence Agency (CIA), and Convera have announced a development and investment agreement that will fund Convera in the development of key technologies and tools to help address the IT challenges facing the Intelligence Community.

Posted Mar 14, 2003

Venetica, a provider of content integration software, has secured $7.0 million in Series A funding from Charles River Ventures and General Catalyst Partners.

Posted Mar 07, 2003

EBSCO has executed definitive agreements to acquire the U.S. operations of RoweCom which includes the operations of Dawson, Inc., Dawson Information Quest, Inc., The Faxon Company, Inc., Turner Subscription Agency, Inc., McGregor Subscription Service, Inc., and Corporate Subscription Services, Inc.

Posted Mar 07, 2003

An updated conference agenda for Buying & Selling eContent has been posted to the web at http://www.buy-sell-econtent.com.

Posted Mar 04, 2003

A wholly owned subsidiary of Open Text Corporation has acquired all the issued and outstanding shares of Corechange, Inc. Corechange is a portal software provider, whose main product is Coreport, an enterprise access framework for deploying intranet and extranet portals.

Posted Feb 28, 2003

Intermarket Group's Content Matrix tracking service has recently looked at paid content services in an effort to track characteristics of the services.

Posted Feb 28, 2003

divine, inc. announced February 25, that its board of directors has authorized divine and several of its subsidiaries to file a voluntary petition to reorganize under Chapter 11 of the U.S. Bankruptcy Code.

Posted Feb 28, 2003

divine, inc. has announced that its efforts to minimize operating costs and liabilities have been unsuccessful and it has enlisted Broadview International LLC to explore options for further reducing expenses.

Posted Feb 21, 2003

The European Commission has unveiled a plan for a new taskforce designed to coordinate Europe's fight against the threat of cyber attacks on key installations such as electricity and water supply.

Posted Feb 14, 2003

Hoover's, Inc. has received a letter from Austin Ventures and Marathon Partners, L.P. proposing to acquire up to all of the outstanding shares of Hoover's for $8.00 per share in cash (approximately $130 million).

Posted Feb 11, 2003

Chris Mole, Member of Parliament (MP), is championing a new bill to ensure that non-print materials are collected and preserved for future generations of researchers.

Posted Feb 07, 2003

The Center for e-Service at the University of Maryland's Robert H. Smith School of Business and Rockbridge Associates, Inc. co-sponsored the recently released 2002 National Technology Readiness Survey (NTRS).

Posted Feb 07, 2003

While much of the content community continues to chase sponsor dollars by making ads bigger, louder, more animated, at least one provider understands the alternative Zen way: be there to deliver when the user needs you.

Posted Feb 01, 2003

The U.S. Small Business Administration (SBA) and the U.S. Chamber of Commerce have announced the Business Matchmaking Program, designed to provide a major economic stimulus to America's small businesses by bringing small businesses closer to potentially lucrative government contracts.

Posted Jan 31, 2003

A new survey by iQ Content reveals that, while the Irish eGovernment program has made progress, significant implementation problems are being experienced by the majority of public sector agencies.

Posted Jan 31, 2003

RoweCom, Inc., doing business as RoweCom, Faxon or divine Information Services, has announced a non-binding letter of intent with EBSCO Industries, Inc. for the proposed purchase of the RoweCom worldwide subscription agent business.

Posted Jan 28, 2003

The New York attorney general's office has filed a suit against divine over the failure of divine's Faxon/RoweCom subscriptions unit to pay publishers and place 2003 orders on behalf of New York libraries.

Posted Jan 21, 2003

Marathon Partners L.P., an investment partnership that owns about 9% of Hoover's, Inc. has announced the selection of Marlin & Associates LLC (M&A) as its financial advisor to assist in helping to find alternatives to the proposed takeover of Hoover's by financial information publisher D&B.

Posted Jan 17, 2003

Information Today has announced that the Buying and Selling eContent conference program is now available online at www.buy-sell-econtent.com. The 4th annual conference will be held April 13-15, 2003 at Marriott's Camelback Inn Resort, Golf Club and Spa in Scottsdale AZ.

Posted Jan 10, 2003

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