Media Business News and Trends

IBM and the European Union (EU) have expanded their research partnership called IMPACT (IMProving ACcess to Text), which will enable the digitization of rare and culturally significant historical texts, to include more than two-dozen national libraries, research institutions, companies, and universities across Europe. IMPACT, funded by EU, offers guidance and new technology to various European institutions.

Posted Aug 31, 2010

Google rolled out a new Gmail feature that allows users of the web-based email service to place calls directly to any phone. The company reported that calls to the U.S. and Canada will be free "for at least the rest of the year," with calls to other countries falling under the same rates as those applied to the Google Voice service.

Posted Aug 31, 2010

Granicus has acquired Webcasting.com, a privately held provider of live and on-demand streaming services. The purchase, which Granicus was able to complete using existing capital, adds more than 60 government agencies to the organization's list of clients, expands its coverage in Northeast state and local government markets, and strengthens its government services portfolio.

Posted Aug 31, 2010

Seeking a review of the i4i v Microsoft patent infringement case by the U.S. Supreme Court, Microsoft filed a petition for a writ of certiorari. The U.S. Supreme Court has complete discretion as to whether or not it will choose to review the case.

Posted Aug 31, 2010

We've seen the shuttering of dozens of B2B publications, we see some moving online only, and we see the emergence of web-native alternatives that leverage work-at-home flexibility to create content at a lower cost: no offices, no benefits, no salaries, lower freelance fees, etc. However, even these nimble web-based companies are struggling to survive on banner ads and webinars.

Posted Aug 24, 2010

There is a new breed of content creator seeking to dominate the world of search-based information gathering by leveraging keyword-driven editorial missions and a huge supply of journalists who currently find themselves in need of revenue streams. Are these so-called content farms the end of cultivated content or do they represent a necessary state in the evolution of the content creation model?

Posted Aug 23, 2010

For the past year, I researched the business practices of the Grateful Dead as I wrote (with co-author Brian Halligan, CEO of HubSpot) a book published by John Wiley & Sons recently called Marketing Lessons from the Grateful Dead: What Every Business Can Learn from the Most Iconic Band in History. As I was preparing the manuscript, I was struck by how many lessons apply to content businesses of all kinds.

Posted Aug 19, 2010

A study conducted by Oliver Wyman for Next Issue Media, using Wyman's Future Marketplace Simulation platform, predicted the potential for $3 billion in revenue for interactive, digital publishing products in the U.S. newspaper and magazine industry by 2014. The study surveyed 1,800 U.S. customers, analyzing expected demand across nearly 230 periodicals.

Posted Aug 17, 2010

Mobifusion, a mobile services organization, announced the creation of a Professional Services Division. The new division will focus on furthering strategic partnerships and providing support for wireless operators and mobile software developers.

Posted Aug 17, 2010

IBM is set to acquire Unica Corporation, a publicly held marketing software company based in Waltham, Mass. Unica will be acquired by IBM at a rate of $21 per share, or a rough net total of $480 million.

Posted Aug 17, 2010

Telestream, a California-based creator of digital media tools and workflow assistance products, has reached an agreement to acquire the Anystream division of Grab Networks. Telestream has stated that this acquisition will further solidify its position in the software video transcoding market.

Posted Aug 17, 2010

IBM has announced its acquisition of Datacap, Inc., a private company based in Tarrytown, N.Y. Datacap specializes in software that helps organizations order and streamline the flow of business information in order to reduce hidden costs and errors. IBM intends to make use of Datacap's assets and technologies in order to improve its own ability to help organizations digitize and manage their information.

Posted Aug 12, 2010

According to an SEC filing, Demand Media filed for an IPO, listing up to a $125 million stake in the company. The date, share price, number of sales, and how much of the company is actually being put up have not been disclosed.

Posted Aug 10, 2010

Professional social networking company LinkedIn announced the acquisition of mSpoke, a startup that develops recommendation technology with offerings for content publishers, research analysts, and individuals. LinkedIn, which, at 75 million users, is the largest networking site of its kind, would not disclose the terms of the transaction.

Posted Aug 10, 2010

Open source microblogging developer StatusNet Inc. scored some new investors in a funding round led by FirstMark Capital, along with BOLDstart Ventures, iNovia Capital, and Montreal Start Up. FirstMark venture partner and angel investor Scott Switzer will also be joining the StatusNet board.

Posted Aug 05, 2010

Investopedia, a financial information and investing education website owned by Forbes, has been acquired by ValueClick for $42 million in cash. ValueClick, which predicts Investopedia will generate $10 million in revenue for the 2010 financial year, is also assuming certain financial liabilities of its new acquisition.

Posted Aug 05, 2010

Japanese mobile service NTT DOCOMO, Inc. announced the acquisition of PacketVideo Corporation, formerly a subsidiary of NextWave Wireless Inc. DOCOMO, which had acquired a 35% stake in the phone-based multimedia company in July 2009, purchased the remaining 65% equity interest in PacketVideo for $111.6 million.

Posted Aug 03, 2010

IBM closed on its acquisition of San Mateo, Calif.-based web analytics software company Coremetrics. IBM plans to use Coremetrics' cloud-based technology to expand its business analytics software offerings, as well as the capabilities of its 5,000-person Business Analytics and Optimization Consulting organization.

Posted Aug 03, 2010

Workstreamer, a business listening platform secured $3.5 million in funding in a round of Series A funding. The new funds will be used to accelerate the growth of its service, which focuses on monetizing real-time business information. The funding round was led by Austin Ventures, a Texas-based equity firm with a focus on Internet and information services.

Posted Jul 29, 2010

Elemental Technologies, a provider of massively parallel video processing solutions, raised $7.5 million in a round of Series B financing that featured participation from several investors, including Steamboat Ventures, General Catalyst, and Voyager Capital.

Posted Jul 29, 2010

Adobe Systems Incorporated and Day Software Holding AG entered into a definitive agreement for Adobe to acquire all of the publicly held registered shares of Day Software, thereby acquiring the company. The transaction is valued at approximately $240 million, based on current exchange rates.

Posted Jul 29, 2010

Caringo Inc. announced it has closed $5 million in a new series of funding. The company, which was founded in 2005, provides object based storage software designed to make the storage process scalable and affordable.

Posted Jul 27, 2010

Global information management provider SDL announced an agreement to acquire Language Weaver Inc. Language Weaver works in statistical machine translation, which will be added to SDL's Global Information Management Platform

Posted Jul 20, 2010

San Diego-based business software company Anacomp, Inc. sold its document review software, CaseLogistix, to Thomson Reuters for an undisclosed sum. CaseLogistix provides document review, data ingestion and production tools to help litigation teams manage the electronic discovery review process.

Posted Jul 20, 2010

Google announced the purchase of content aggregation site Metaweb, giving the search giant access to the company's "database of things." Metaweb operates Freebase, a database of more than 12 million entries, with the goal being to provide more and richer information on a query topic than would keywords.

Posted Jul 20, 2010

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