Media Business News and Trends

Amazon.com, Inc. and Marshall Cavendish, an educational and consumer book publishers and classroom digital solutions providers, announced that Amazon has signed a deal to acquire over 450 titles of its US Children's trade books business, Marshall Cavendish Children's Books (MCCB).

Posted Dec 06, 2011

Clearwire Corp. will offer $300 million in Class A common stock in a public offering. Clearwire plans to grant underwriters a 30-day option to purchase up to an additional $45 million of the same stock. J.P. Morgan, BofA Merrill Lynch & Co., Inc., and Jefferies & Co., Inc., are acting as joint book-running managers.

Posted Dec 06, 2011

AboutOne, LLC, an online family management system, closed a $1.6-million-dollar deal in Series A financing. The round was led by Golden Seeds, a network of investors dedicated to funding early-stage companies founded and led by women.

Posted Dec 05, 2011

Vringo, Inc., a provider of software platforms for mobile social and mobile video services, completed a $3.35 million round of bridge financing with venture capital firms Benchmark Capital and DAG Ventures. The deal included $850,000 in gross proceeds from over 817,300 shares of common stock.

Posted Dec 05, 2011

On Friday, CNN reported that Facebook bought Gowalla, a location-sharing service. It wasn't until yesterday that both companies confirmed the deal: Facebook released an official statement and Gowalla announced the acquisition on its blog, according to paidContent. Details have not been disclosed.

Posted Dec 05, 2011

A recent Audience Insight Survey from interclick revealed that two-thirds of Americans learn about in-store sales and deals online, and that online "eCirculars" are replacing print circulars that appear in the Sunday paper. interclick found that 42% of consumers preferred online advertising to print sources, and customers who read about deals online were more likely to visit the store.

Posted Dec 01, 2011

Adobe is set to acquire Efficient Frontier, a privately held company that offers an ad buying and optimization platform, according to paidConent. Through the acquisition, Adobe will add options for ad campaign forecasting, execution, and optimization across multiple channels to its Digital Marketing Suite. The transaction is expected to close in the first quarter of Adobe's fiscal year.

Posted Nov 30, 2011

Somewhere between unknown, independent bloggers and traditional publishers with well-respected reputations are the sites known as content farms--websites that generate a large quantity of content specifically designed to rank high in search engine results. They range from local, content-driven sites such as AOL's Patch and Examiner.com to how-to sites such as Howcast and Demand Media's eHow.com to topic-focused sites such as Suite101 and Associated Content.

Posted Nov 30, 2011

I recently jumped on the Mad Men bandwagon. That Jon Hamm sure is handsome, and boy oh boy, did they smoke a lot. There's plenty to gawk at-and cringe at-on that show. The sexism. The debauchery. All those pregnant ladies hitting the bottle and smoking up a storm. As I watch--floating somewhere between awe and disgust--the goings-on of Sterling Cooper Draper Pryce have got me pondering the modern business of advertising.

Posted Nov 29, 2011

QuinStreet, Inc. acquired ConsumerismCommentary.com, a personal finance blog. The deal closed on Oct. 24 for an undisclosed amount and will expand QuinStreet's portfolio of personal finance media properties that are designed to provide consumers with information needed to make financial decisions.

Posted Nov 28, 2011

Ireland, once seen as country with an economy based solely on manufacturing, has blossomed into what some call "the Internet capital of Europe." Many of the top tech companies, such as Google, Facebook, Zynga, PopCap, IBM, Microsoft, Apple and HP, have international offices in Ireland, an otherwise relatively small country. In September Twitter announced its plans to locate an international office on the green isle, tweeting "Ireland is trending. Twitter to establish international office in Dublin. #idairl". According to Emmanuel Dowdall, global department manager for content, consumer and business services for the Industrial Development Agency Ireland (IDA), that announcement was re-tweeted over 650,000 times.

Posted Nov 28, 2011

Scout Analytics last week announced a new research division, Scout Research, which is "dedicated to providing revenue intelligence for digital publishers," according to the Issaquah, WA-based company that calls itself "the leader in digital revenue optimization for publishers." Scout kicked off its new venture with an analysis of the age-old problem of the print vs. digital revenue models.

Posted Nov 25, 2011

Microsoft acquired VideoSurf, Inc., a video discovery technology company offering back-end computer vision that can identify video frames. Microsoft plans to integrate this technology with its entertainment platform and enhance search and discovery of entertainment content using Xbox LIVE.

Posted Nov 23, 2011

In 2008, Rafat Ali sold ContentNext media--the company behind paidContent.org--to UK-based Guardian News and Media, Co. for a reported $30 million. He left the company in 2010, and now Guardian is looking for a buyer for the property. Based in New York City, the company covers the business of digital media, serving decision makers within the media, entertainment, publishing, advertising, marketing, and technology sectors.

Posted Nov 22, 2011

Guardian News and Media Ltd. has put ContentNext Media, distributor of paidContent.org and its sister sites, up for sale. Guardian is asking for $20 million and has reportedly received "several expressions of interest" from potential buyers.

Posted Nov 22, 2011

My family has a long history with the border town of Laredo, Texas. As a child my mother moved around a lot along with her six older siblings, as part of an Air Force family. Laredo just happened to be one of the towns that stuck. Two of my aunts and one of my uncles still call it home, along with their families. As a born and bred New Englander, it's pretty much another planet to me.

Posted Nov 19, 2011

Angie's List, Inc. announced the pricing of its initial public offering of 8,793,408 shares of its common stock at a price to the public of $13.00 per share. Angie's List is offering 6,250,000 shares of common stock and certain selling stockholders are offering an aggregate of 2,543,408 shares of common stock.

Posted Nov 17, 2011

Intel Capital, global investment and M&A organization of Intel Corp., announced the Intel Capital AppUp Fund, which contains $100 million that will be invested in companies creating software tools and services based on Intel architecture. Intel plans to invest in multiple technologies, but highlights HTML5, digital media, context-aware computing, and infrastructure apps as key areas of focus.

Posted Nov 16, 2011

Few, if any, would argue that the internet has dramatically and permanently changed the publishing industry. As print publishers have scrambled to find ways to compete with and, ultimately, embrace the digital world, some are excelling through a combination of traditional and online options. Others, new to publishing, are operating in the online-only world, but everyone is dealing with the age-old problem of circulation building and audience development.

Posted Nov 16, 2011

The Walt Disney Co. purchased Babble.com, a network of 200 mom bloggers who will reportedly be integrated with Disney's other Moms and Family content offerings. Financial terms of the deal were not disclosed.

Posted Nov 14, 2011

Google acquired two tech companies to enhance its Chrome browser and its social network, Google+: Katango and Apture, Inc. Katango employees will join the Google+ team to work on its Circles feature. Apture will join Google Chrome developers to enhance users' search and browsing experience in Chrome.

Posted Nov 11, 2011

Rakuten, Inc. entered into the process of acquiring Kobo, Inc. for $315 million in cash. Kobo offers a range of e-readers and e-reading apps, as well as a catalog of more than 2.5 million ebooks. Kobo places emphasis on social reading, and has debuted integrated social reading platforms Kobo Reading Life and Kobo Pulse.

Posted Nov 09, 2011

Martin Nisenholtz, senior vice president of digital operations for The New York Times Co., will be retiring at the end of the year. While Nisenholtz will stay through a transition period, it was reported that there are no plans to appoint a successor. CEO Janet Robinson is expected to take most or all of Nisenholtz's direct reports.

Posted Nov 08, 2011

Acquia launched Acquia U, a program to train and employ career changers and college grads in Drupal, its open-source social publishing system. The Acquia U program will hire professionals as client advisors, provide them six weeks of paid training, and then hire them into Acquia or one of Acquia's partners.

Posted Nov 07, 2011

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