Media Business News and Trends

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

Publishers Communication Group (PCG) opened an office in New Delhi, India. PCG, a division of Publishing Technology plc (LSE: PTO), is a provider of software and services to the publishing industry and will now be offering sales and marketing activities targeting the growing academic readership in India to US and European scholarly publishers.

Posted Jun 02, 2011

Springer launched a network of job sites designed to attract and showcase talent from the Springer tools audience. The Springer network of job sites is a recruitment solution for global employers across the healthcare and life science industry, featuring more than 5,000 up-to-date job listings available at launch.

Posted Jun 02, 2011

ProQuest acquired BNI, a database for nursing and midwifery in the U.K. BNI - shortened from British Nursing Index -- has been compiled through a partnership of the libraries at Bournemouth University, Poole Hospital NHS Foundation Trust, the Royal College of Nursing and Salisbury NHS Foundation Trust. ProQuest built a long-term relationship with BNI through its distribution via Dialog, its business unit serving the professional market.

Posted Jun 02, 2011

EPiServer, a provider of software platforms that drive online engagement, conducted a survey of more than 100 companies at the Web 2.0 Expo that revealed that 34 percent of the respondents said that personalized campaigns have delivered "highly effective and measurable ROI," while 14 percent had seen "better response rate than mass-market" delivery methods such as print, TV, and newspaper advertising.

Posted May 26, 2011

Springer Science+Business Media extended its collaboration with TEMIS to work on semantic enrichment and content linking for the SpringerLink platform. SpringerLink is one of the largest distribution platforms for STM ebooks and digital journals. TEMIS's Luxid content enrichment platform combines linguistic and statistical methods to calculate semantic relatedness among SpringerLink's millions of publications.

Posted May 24, 2011

IBM unveiled new software and services to help clients more effectively gain competitive insight, optimize infrastructure and better manage resources to address internet-scale data. Using IBM's solutions, organizations will be able to integrate and analyze tens-of-petabytes of data in its native format and gain intelligence within sub-second response times.

Posted May 24, 2011

Demandware, Inc. unveiled a prototype application called Facebook Shop that lets users extend ecommerce to the more than 600 million users of Facebook by selling directly through a branded Facebook store. Through the Facebook Shop application, retailers can set up a storefront on Facebook with all of the capabilities of the Demandware Commerce platform.

Posted May 24, 2011

LinkedIn, the largest professional social network, went public with an IPO last week, with 7,840,000 shares of common stock. Of the total number of shares, 4,827,804 are being offered by LinkedIn Corp. and 3,012,196 are offered by selling stockholders. LinkedIn will not receive proceeds from the sales of shares by the stockholders.

Posted May 24, 2011

Digital publishing company YUDU Media published its latest quarterly report examining how users interact with reader Apps for the iPad and iPhone. The report is based on an analysis of 80 branded reader Apps that YUDU developed for customers, including Reader's Digest, UK, Newsmax Magazine, US Tech, The College Journal, and Runway Magazine.

Posted May 19, 2011

Trivantis, the company behind the Lectora e-learning brand, announced the company's plans to acquire its partner Flypaper Studio, Inc., providers of a Flash content creation and digital signage platform. The transaction is planned to combine Trivantis' experience in the e-learning industry with the Flash and digital signage markets targeted by the Flypaper platform.

Posted May 12, 2011

Oxygen Accelerator, a new investment program that offers technology start ups intensive mentoring and training, was launched today in Birmingham, U.K. Oxygen Accelerator will partner with Birmingham Science Park Aston (BSPA) to offer 10 teams evergreen funding of up to £20,000 (about $32,800 U.S.), which is repayable once sufficient investment is received or the business can afford to repay it. The 10 teams will attend a 13-week boot camp in BSPA starting Sept. 1, 2011, where their projects will receive direction from a team of mentors.

Posted May 10, 2011

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