Media Business News and Trends

AT&T and Accenture have announced a five-year, $500 million agreement designed to transform AT&T's residential credit and accounts receivable management functions.

Posted Apr 22, 2003

A new report published by IRN Research, a market research consultancy focusing on the information industry, values the European online information market at 2,463 million pounds in 2002 showing growth of 12%.

Posted Apr 22, 2003

RealNetworks, Inc. has entered into a definitive agreement to acquire Listen.com, Inc. in a cash and stock transaction valued at approximately $36 million.

Posted Apr 22, 2003

The online magazine Slate, has reported more than six million unique users for the month of March, pushing its audience reach to 4.5% and placing it among the top fifteen Web news sites in the current events and global news category according to Nielsen//NetRatings.

Posted Apr 22, 2003

Overture Services, Inc., has completed the acquisition of the Web search unit of Fast Search & Transfer (FAST), a developer of enterprise search and real-time filtering technologies.

Posted Apr 22, 2003

Posted Apr 18, 2003

As a public service, CORDA Technologies, Inc., a Lindon, Utah-based developer of interactive data visualization solutions, is using the company's OptiMap and PopChart technology to create a Web page with a map displaying the worldwide occurrences and deaths from Severe Acute Respiratory Syndrome (SARS).

Posted Apr 15, 2003

EBSCO Industries, Inc. (EBSCO), has confirmed that on Monday, April 7, 2003, the United States Bankruptcy Court, District of Massachusetts, Eastern Division, approved the sale of certain RoweCom U.S.A. assets to EBSCO pursuant to a definitive purchase agreement previously executed by the two parties.

Posted Apr 15, 2003

For all its potential good use, the same data has great potential for misuse—either inadvertent or intentional. A new breed of “Hippocratic Databases” is emerging as one way to empower and protect databased content.

Posted Apr 08, 2003

South Norwalk, Connecticut-based Edgar Online, Inc., has announced plans to reduce its workforce by 17%.

Posted Apr 04, 2003

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

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