Media Business News and Trends

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

The cartoonish graphic is clean, colorful and simple: A young girl curls up on a park bench to scan the top headlines on her tablet while an assumedly older, bespectacled man sitting next to her is riveted to the local print newspaper he holds up to his face. Anchored below the art is a commanding headline that is terse, direct, and assured: "Smart is the new sexy," it asserts. And as a closing statement, the motto "The newspaper-get it" floats in the bottom right corner.

Posted Nov 07, 2011

If you were thinking about getting a tablet this year and weren't sure which one, things just got a little bit more confusing. Amazon is releasing it's Kindle Fire on November 16, but rumor has it that Barnes & Noble will be releasing a tablet of its own at the same time for $249. Documents leaked to several organizations gave full specs for the new tablet.

Posted Nov 04, 2011

LinkedIn Corporation announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed public offering of shares of its Class A common stock. LinkedIn proposes to sell approximately $100 million of its shares, as well as any shares issued to the underwriters to cover over-allotments. The remaining shares will be sold by existing stockholders.

Posted Nov 04, 2011

BuzzLogic, an online media company specializing in emotive-based advertising, announced that it has changed its name to Twelvefold Media. The word "twelvefold" signifies a substantial increase in size, degree or amount and centers upon Spectrum, the company's recently launched online advertising platform.

Posted Nov 03, 2011

New Media Strategies (NMS) is hosting the first social media-focused event held by the New York Stock Exchange (NYSE) on Friday, Nov. 4. The daylong conversation on achieving success through social media marketing is intended to connect corporations and consumers over social networks, establishing better communication in light of the economic unrest and #Occupy protests.

Posted Nov 02, 2011

In a recent Q3 earnings report and call with shareholders, AOL CEO Tim Armstrong was positive, stressing the benefits of the company's acquisition of The Huffington Post and the success of its local news network AOL Patch-which the company hopes to expand from 500 sites to 1,000 sites.

Posted Nov 02, 2011

Following a three-month partnership, Urban Airship, Inc. has acquired SimpleGeo, Inc. Terms of the all-stock deal have not been disclosed, but the sum is alleged to be about $3.5 million. With the acquisition, Urban Airship aims to offer a platform that combines push notifications, in-app purchasing, subscriptions, context, and geo-location.

Posted Nov 01, 2011

Clearspring Technologies, Inc., a content distributor, has acquired social data tool XGraph, Inc. The amount of the deal was undisclosed, but it involved equity as well as cash. Clearspring provides content and analysis of content and advertising that are distributed through social media tools and apps.

Posted Nov 01, 2011

Adobe Systems, Inc. acquired Auditude, Inc., a provider of video ad management and monetization technology designed for publishers and media companies. The amount of the deal was undisclosed. Adobe plans to integrate Auditude's advertising server platform with Adobe Flash Media Server 4.5, the Adobe Digital Marketing Suite, and Adobe Pass.

Posted Nov 01, 2011

Appcelerator, Inc. -- a platform to create apps for mobile devices, tablets, and desktops -- garnered a $15 million endowment in a third round of funding. This latest deal gives the company a total $31.5 million investment. The round was led by Mayfield Fund, Red Hat, and Translink Capital.

Posted Nov 01, 2011

HarperCollins Publishers is in the midst of acquiring Thomas Nelson, Inc., a Christian publishing company. The deal is expected to be finalized by the end of the year; the amount of which has not been disclosed. Thomas Nelson bundles free digital and audio editions with the purchase of any print book.

Posted Nov 01, 2011

According to comScore, the U.S. mobile social media audience grew by 37% over the past year, a significant increase by anyone's standards. It seems only logical that smartphone users access social media more regularly--after all, they aren't paying those high fees for data plans just to read the occasional email. But what does it really mean?

Posted Oct 28, 2011

Time Warner Cable said it lost around 128,000 residential subscribers in 3Q 2011, but added 89,000 internet services customers. At the end of the quarter, 11.9 million customers subscribed to video, while internet services had 9.8 million subscribers. CEO Glenn Britt calls the phenomenon "cord-cutting."

Posted Oct 27, 2011

A New York judge ruled that two political consultants can continue their lawsuit against Arianna Huffington and her partner regarding the origin and ownership of the Huffington Post. The lawsuit was filed last year by Peter Daou and James Boyce, two Democratic advisors who claim that Huffington stole their idea for a Democratic news reporting website and blog.

Posted Oct 27, 2011

The U.K's Office of Fair Trade (OFT) cleared Amazon to continue its acquisition of The Book Depository International Ltd., an online retailer of books in U.K. and international markets. Amazon moved to acquire The Book Depository in July, but came under fire for dominating the U.K.'s online book trade.

Posted Oct 26, 2011

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