Media Business News and Trends

Access Intelligence, LLC, publisher of min and CableFAX Daily, acquired Cynopsis Media, a producer of daily and weekly e-letters for the television, digital media, kids marketing, and sports media markets. Cynopsis was founded by TV business veteran Cynthia Turner in 1997, and publishes the daily flagship Cynopsis, which covers the TV industry, as well as Cynopsis Digital, Cynopsis Kids and Cynopsis Sports, with nearly 150,000 subscribers in 53 countries.

Posted Jul 07, 2011

Sitecore acquired the development team and the intellectual property of Pectora, a long-standing Sitecore technology partner that provides web publishing solutions for deep integration with print-based projects. According to Sitecore, the combined offering is designed to unify print and web design teams to deliver more dynamic and personalized print media, including brochures, catalogs, and magazines.

Posted Jul 07, 2011

Ingram Content Group Inc. announced that Vital Source is expanding its e-textbook offering with the acquisition of VPG Integrated Media (VPG), a developer of enhanced e-textbook applications, interactive learning objects, and e-whiteboard content, as well as video, audio, and animation production services for educational publishers.

Posted Jul 07, 2011

According to a report in the New York Observer, digital retail giant Amazon.com is coming under scrutiny by some in the publishing world for a system by which it offers extra promotion as an incentive for published authors to provide review blurbs for books on its Amazon Publishing imprint.

Posted Jun 30, 2011

Consumer Watchdog filed a complaint with the Federal Trade Commission charging that a virtual currency system called Facebook Credits used to play games on Facebook's social network violates antitrust law. According to the organization, Facebook controls well over 50% of the $2 billion market for virtual goods in social gaming.

Posted Jun 30, 2011

Cloud-based video creator Animoto closed a $25 million round of funding through the participation of Spectrum Equity Investors and Madrona Venture Group. Animoto's service is a free service, with subscription options, that lets users create slideshows of graphical content on a computer or a mobile phone. Subscription options unlock additional features, such as custom templates or the ability to produce longer videos.

Posted Jun 30, 2011

News Corp. announced that it has found a buyer for ailing social network Myspace. The network will be acquired by Specific Media, a digital media and advertising agency, for a rumored $35mil. The network was placed up for sale earlier this year by owner News Corp., which purchased the network in 2006 for approximately $580 million. As part of the deal, News Corp. has also taken a minority equity stake in Specific Media.

Posted Jun 30, 2011

Google released details of its Google+ project, a far-reaching social networking initiative that comprises a number of individual projects and services, including Circles, Sparks, and Hangouts. According to the search company, the project is designed to add nuance and depth to online interaction by adding more options and individual control to the process.

Posted Jun 30, 2011

Elsevier expanded its offering to researchers by adding full text from its SciVerse ScienceDirect database to EBSCO Discovery Service (EDS) as well as the Ex Libris Primo Central Index. In other Elsevier news, the company expanded its SciVal Funding tool to users in Canada, U.K., and European Union, with plans to expand to Australia, Singapore, South Africa, India, New Zealand, and Ireland by the end of 2011.

Posted Jun 28, 2011

Cengage Learning announced an expanded partnership with the National Geographic Society through which it will acquire the National Geographic Society's digital and print school publishing unit. The new agreement also allows Cengage Learning a wider use of the National Geographic Society brand and content.

Posted Jun 28, 2011

GSV Capital Corp. invested $6,587,500 into Facebook as it acquired 225,000 shares in the social networking company at an average price of $29.28 for each share. The investment represents about 15% of GSV Capital's total portfolio.

Posted Jun 28, 2011

Hulu may be up for sale, if the owners can make up their minds. The free TV-streaming site is co-owned by Disney, NBCUniversal, News Corporation, and Providence Equity Partners, the parent corporations of major TV networks ABC, NBC, and Fox. Hulu began to look into options for its sale last week after an unsolicited overture from Yahoo!, and the company is expected to meet with potential buyers in the coming weeks.

Posted Jun 28, 2011

OverDrive announced that booksellers, libraries, and schools in its global network will be able to access 1,500 DRM-free ebook titles from O'Reilly Media. The publisher's entire ebook catalog will be available to OverDrive's channel partners, including those in the US, UK, Canada, Australia, New Zealand and other territories. Bestselling ebooks on computer technologies available through the distribution agreement will include iPad 2: The Missing Manual, Head First Java, and Windows 7: Up & Running.

Posted Jun 23, 2011

Cloud9 IDE, Inc., a cloud-based integrated development environment (IDE) for web and mobile applications, raised $5.5 million in a round of funding from Accel Partners and Atlassian Software. The series A funding round provides the necessary support for Cloud 9 IDE to reach its goals in the emerging development-as-a-service (DaaS) market.

Posted Jun 21, 2011

A recent Adweek/Harris Poll shows that regardless of TV technologies such as DVR systems, Americans may not be giving their undivided attention to TV screens. According to the recent survey, while watching TV most Americans are apt to split their attention by surfing the Internet (56%), reading a book, magazine or newspaper (44%), going to a social networking site (40%) or communicating with friends through a mobile phone (37%).

Posted Jun 16, 2011

Limelight Networks, Inc. announced that the company has been granted its eleventh patent by the United States Patent and Trademark office. The new patent is No. 7,961,625, and was granted for "Routing under heavy loading." In 2009, Limelight initiated a formal program to recognize developers' innovations. This most recent patent is the ninth one to be awarded since the start of the program.

Posted Jun 16, 2011

Several scholarly publishing houses have confirmed that they are backing a comprehensive model for the world of individual, institutional, and 'big deal' customers. The Customer Insight Framework, published by data integration firm DataSalon, has been endorsed by the American Institute of Physics, BMJ Group, IOP Publishing, Oxford University Press, and the Royal Society of Chemistry.

Posted Jun 16, 2011

IBM released results from its study involving chief information officers (CIOs), which showed that the top strategic technology investments at midsized organizations were for business analytics. Of the midmarket CIOs who participated in the survey, 83% said that analytics, and the ability to extract insights from "Big Data," was the investment area of highest priority

Posted Jun 14, 2011

Northstar Travel Media, LLC acquired PhoCusWright, Inc., a global travel, tourism, and hospitality research and events business. PhoCusWright delivers B2B and business-to-consumer marketplace intelligence on online travel sales and trends, and also hosts the annual PhoCusWright Conference.

Posted Jun 14, 2011

TellApart, Inc. announced it had secured $13 million after a Series B round of financing led by Bain Capital Ventures. Ajay Agarwal, managing director at Bain Capital Ventures, will join the TellApart Board of Directors as part of the financing. TellApart's total funding is now $17.75 million.

Posted Jun 14, 2011

Credo Reference and Ex Libris Group, a provider of library automation solutions, announced that content from Credo's General Reference, Publisher, and Subject Collections will now be accessible through the Ex Libris Primo Central Index of scholarly content. The agreement allows Primo search results to include both Credo Reference content and Credo Topic Pages.

Posted Jun 09, 2011

Figures released by IAB Europe showed a revival in digital Display in 2010, according to the group. Thanks to an average growth rate of 21.3%, the organization reports that Display overtook Search advertising as the fastest growing online ad format in Europe. Search increased 15.1% in the same period across the 25 markets measured. Video, mobile, and social media all contributed to the powerful performance of Display.

Posted Jun 09, 2011

WebVisible and Media General, Inc. announced a partnership that will provide online advertising technology to local businesses advertising with Media General's newspaper and television properties throughout the Southeast. The partnership is designed to provide new revenue opportunities to Media General by expanding the company's portfolio of advertising solutions.

Posted Jun 09, 2011

ADmantX completed $2.8 million in growth funding from Atlante Ventures Mezzogiorno, the venture capital Fund of Intesa Sanpaolo, an Italian bank. ADmantX designed an advanced semantic page-level analysis that examines reader emotions, behaviors, motivations, and intentions to match ads with similar emotional appeal, without using tracking cookies. The round represents the first outside funding since ADmantX was spun off last year from Expert System.

Posted Jun 09, 2011

Interactive display advertising company Spongecell completed another round of financing, although the amount was not disclosed. Eric Schmidt, Google's executive chairman, and Jim Pallotta, chairman and managing director of Raptor Group, led the round, and other participants include Brian Rooney, board member of the Pittsburgh Steelers, and SilverHaze Partners.

Posted Jun 07, 2011

Pages
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121