Media Business News and Trends

The third quarter was accompanied by a large number of product enhancements, developments, and announcements by Amazon. Amazon released financial results from 3Q 2011 that reveal increases in shares and net sales and decreased operating income. CEO Jeff Bezos announced that Sept. 28 was the biggest order day for Kindle, ever.

Posted Oct 26, 2011

WikiLeaks suspended operations due to a financial blockade that has cut off 95% of its revenue, according to Slate. Co-founder Julian Assange announced that if the blockade continues, WikiLeaks will be unable to continue operations into next year, and said WikiLeaks will now focus on fundraising efforts to maintain cash flow.

Posted Oct 26, 2011

YouSayToo.com partnered with Infolinks to offer YouSayToo's 37,000 members the option to further monetize their sites with in-text advertising. Infolinks monetizes the highest-paying keywords within websites' content based on real-time, full-text analyses.

Posted Oct 25, 2011

Today, comScore, Inc. released its monthly report on the top U.S. Web properties. The report is based on data from the comScore Media Matrix service. Google sites (which includes YouTube) remained the top U.S. web property with 184 million unique visitors for the month of September.

Posted Oct 21, 2011

Springer announced it would work with the Edanz Group, a scientific manuscript editing service, in order to enhance its support for authors. The Edanz Group helps international ESL authors by providing professional editing services prior to publication. Springer and Edanz will hold workshops in regions of the world that do not often publish research in English.

Posted Oct 20, 2011

After a year of beta testing, Google released its DoubleClick for Publishers (DFP) Video solution for advertisers, which is designed to ease ad trafficking, improve workflow, enhance scalability, and increase profitability. Google also announced the launch of DFP Small Business Video in beta, which is supported by a partnership with Brightcove, Inc. and LongTail Ad Solutions.

Posted Oct 20, 2011

After months of negotiation, Microsoft acquired for Skype, paying $8.5 billion. Under the terms of the agreement, Skype will become a new business division within Microsoft, and Skype CEO Tony Bates will assume the title of president of that division. Microsoft plans integrate Skype into its existing devices and systems.

Posted Oct 18, 2011

EBSCO Publishing acquired Ergonomics Abstracts, a database focused on ergonomics and human factors, from Taylor & Francis. The database provides indexing for ebooks, journal articles, and reference works, and includes abstracts of articles and records from more than 135,000 works covering more than 25 years of ergonomics research.

Posted Oct 13, 2011

Demand Media, a "content-farm" that uses thousands of freelance writers and editors to generate content for sites such as eHow.com, has reportedly decided to lessen its pace. An email the company sent to its staff, who have produced more than 3 million articles for eHow.com, said that in order to prevent redundancy, fewer assignments would be doled out from now on.

Posted Oct 13, 2011

Much like the average American family farm, it seems like content farms may be struggling -- if this week's news about Demand Media is any indicator. One of the biggest and most well-known mass producers of content on the web is cutting back the number of articles it produces, and enraged its freelancers in the process.

Posted Oct 12, 2011

LivingSocial issued $142.9 million in shares to acquire South Korean daily deals provider, TicketMonster, Inc. While the sale was announced as part of a business combination, whether this means a merger, an acquisition, or an exchange offer has not yet been clarified.

Posted Oct 11, 2011

Netflix, Inc. backed out on its plan to split its DVD-by-mail service into a separate company called Qwikster, which was met with customer backlash and unsubscriptions. Netflix originally announced this plan on September 18, adding insult to injury after its 60% price hike in July.

Posted Oct 11, 2011

Netbiscuits, a mobile platform for developing, publishing, and monetizing sites and apps, published its "Mobile Web Metrics Report," which found high fragmentation in smartphone operating systems, lack of support for basic HTML5 features, and a persistent long-tail of devices. The findings of the report are based on 8.5 billion page and content requests.

Posted Oct 06, 2011

Apple announced the death of Steve Jobs yesterday, due to complications from the pancreatic cancer he had battled since 2004. He was 56. "Apple has lost a visionary and creative genius, and the world has lost an amazing human being," said a statement on Apple's website, calling Jobs "a dear friend and an inspiring mentor."

Posted Oct 06, 2011

Federated Media Publishing acquired Lijit Networks, Inc., a provider of ad services, audience analytics, and reader engagement tools for blogs and websites. Headquartered in Boulder, Colo., Lijit will become a wholly-owned subsidiary of Federated Media, although financial terms of the acquisition were not disclosed.

Posted Oct 04, 2011

Yahoo! and ABC News announced an alliance designed to enhance the digital delivery of news by combining Yahoo! News' large audience and far-reaching content with ABC News' operations, anchors, and reporters. According to Gigamo, the alliance debuts with the launch of GoodMorningAmerica.com on Yahoo! (GMA.yahoo.com) and the introduction of three online video series that feature ABC News correspondents.

Posted Oct 04, 2011

Covario, Inc. and Adobe announced plans to integrate SEO data from Covario Organic Search Insight with Adobe SearchCenter+. The integration is designed to help marketers asses the impact of Organic Search rankings on paid-search programs.

Posted Sep 29, 2011

Demandbase, Inc. partnered with online business network Focus to release the "2011 Demandbase National Marketing and Sales Study," which reveals that a company's corporate website is the second-highest source of new sales leads. Personal connections and referrals edge out the corporate website for the number one spot, but the website is seven times more effective than social media, the study found.

Posted Sep 29, 2011

Twitvid.com raised $6.5 million in series B funding led by Azure Capital Partners. According to Gigaom, existing investor Draper Fisher Jurvetson also contributed to the funding round, which Twitvid says it will use toward building onto its team as well as developing its product and technology infrastructure.

Posted Sep 29, 2011

TechMediaNetwork, Inc. received a $33-million Series B financing from ABS Capital Partners. Existing investors Village Ventures and Highway 12 Ventures were also in on the deal. TMN will use the funds to increase its acquisition program, further expand its news organization, and boost revenue and distribution.

Posted Sep 27, 2011

Myriad Group AG announced its partnership with Vodafone Essar to deliver social networking and messaging services over SMS and USSD to its subscribers across India. Vodafone Essar will leverage Xumii, Myriad's mobile social networking platform, as well as Myriad Updates.

Posted Sep 27, 2011

IMImobile acquired Skinkers, a U.K.-based digital agency that develops desktop, iOS and Android apps for its clients. Together with IMImobile's DaVinci evolved service platform (ESP), Skinkers will offer comprehensive solutions in mobile commerce, customer care, and two-screen interactive TV.

Posted Sep 27, 2011

Groupon, Inc. changed its accounting treatment for the third time in amendments to its IPO filing with government regulators according to a report on Daily Deal Media. Instead of measuring revenue by "gross revenue," which includes the money it pays out to merchants, Groupon's revenue will now be measured using its net revenue--the money it retains.

Posted Sep 27, 2011

Atex partnered with The Access Network Company on the development of new functionality for the Polopoly web CMS, focused on meeting the needs of branded publishers. The new solution is designed to provide a cost-efficient platform for small to mid-size publishers.

Posted Sep 22, 2011

Glam Media, Inc., a social content platform company geared toward women, is acquiring Ning, an online social website building platform. With the acquisition, Glam Media plans to extend its social media platform, add new distribution channels, and leverage the talent from the Ning team to connect brands with customers.

Posted Sep 22, 2011

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