Media Business News and Trends

Twitter announced the acquisition of Tweetie, a leading iPhone Twitter client. According to the company, Tweetie will be renamed Twitter for iPhone and released for free through the iTunes AppStore.

Posted Apr 13, 2010

The beginning of a new decade may feel like a fresh start for some, but for many publishers, 2010 is simply another year of trying to figure out how to survive in a changing, sometimes crumbling, industry. Research and advisory firm Outsell, Inc. offers strategies for dealing with the current environment in its report, "Information Industry Outlook 2010: A New Dawn, New Day, New Decade," which was released in January.

Posted Apr 12, 2010

I am addicted to National Public Radio (NPR). Ask anyone here at the EContent office: there is a near-constant stream of talk-radio coming from my desk. It always gets me thinking, but one day, during a pledge drive, I heard a particularly interesting claim: NPR is one of the few news outlets continuing to grow. Since we here at EContent spend a lot of time thinking and writing about the fee vs. free debate, I couldn't help but wonder what member-supported NPR was doing so right that they convinced listeners to voluntarily give them money for what is essentially a free service.

Posted Apr 08, 2010

Global information services provider Swets and information service and workflow solution provider Reprints Desk announced a pilot document delivery partnership. Reprints Desk's STM Document Delivery services will be integrated into SwetsWise, Swets' intuitive Web interface for subscription management.

Posted Apr 08, 2010

Quirky, a company that collaboratively designs consumer products and shares revenue with its online community, has raised $6 million in Series A capital.? Quirky's Series A funding round was led by RRE Ventures and included participation from Village Ventures, Contour Venture Partners, Lowercase Capital, and a small group of angel investors. Prior to the closing of this round, Quirky had raised $1.6 million in seed capital from friends and family.

Posted Apr 08, 2010

Before Apple CEO Steve Jobs even officially announced the iPad on Jan. 27, the publishing world was a twitter with theories about how the device would revolutionize the industry. Likely to be on the market in late March, iPad started making an impact before it even hit the shelves. Meanwhile, the industry scrambled to predict just what the iPad and accompanying iBook store would mean to the industry: Will this new device do for ebooks what the iPod and iTunes did for music?

Posted Apr 08, 2010

Prerecorded television that is watched later greatly affects the accuracy of television viewership ratings. Nielson's new rating system counts viewers who records their their program with DVR or online streaming.

Posted Apr 07, 2010

HarperStudio, a publishing division of HarperCollins, will close its doors, according to a HarperCollins memo released on the company's Scribd site. The division opened in 2008 as an alternative to the traditional publishing model, replacing high author advances with more equitable profit splits and providing a more open online presence.

Posted Apr 06, 2010

Facebook acquired the assets of online photo sharing site Divvyshot. As a result, the company will be shutting down as the management team and staff move to Facebook's engineering team to work on Facebook Photos.

Posted Apr 06, 2010

Online video broadcasting site Episodic is now a part of Google. The platform lets publishers and marketers host, stream, measure and monetize video content on the web and on web-enabled devices.

Posted Apr 06, 2010

A jury in the District Court of Utah issued a decision in the long-running copyright battle between SCO Group and Novell over ownership of copyright assets associated with the Unix operating system. The jury found that Novell owned copyrights associated with the operating system, denying the SCO Group's claims that it was the rightful owner and a request for punitive damages of $215 million.

Posted Apr 01, 2010

A national survey recently conducted by Arbitron Inc. and Edison Research found that 49% of those surveyed believed that newspapers will cease to exist in the future, to be replaced primarily by online news sources. The results represent a sharp jump from just three years ago, when only 27% expressed a similar sentiment.

Posted Apr 01, 2010

Technical documentation company Tedopres International announced a partnership with SCHEMA GmbH, maker of XML-based editing and content management systems, whereby Tedopres will become an official partner for SCHEMA ST4. The partnership with Tedopres enables SCHEMA GmbH to deploy the SCHEMA ST4 technology to a larger customer base and to better understand the needs of the international market.

Posted Mar 25, 2010

Offerpal Media, a developer of virtual currency payment alternatives, announced it has acquired Tapjoy, creators of the Tapjoy platform for mobile developers and a provider of monetization and distribution services on the iPhone, Android, and other emerging mobile platforms. As part of the agreement, the co-founders of Tapjoy will join Offerpal in leadership positions to help expand its mobile business. Financial terms of the acquisition were not disclosed.

Posted Mar 25, 2010

Optibase Ltd., a developer of digital video solutions, announced that it has entered into an asset purchase agreement with Optibase Technologies Ltd., a wholly owned subsidiary of VITEC Multimedia ("Vitec"). Under the terms of the agreement, Optibase will sell its entire video business to Vitec.

Posted Mar 25, 2010

TeraByte Unlimited, Inc. reached an agreement with Microsoft over the use of the word "Bing."

Posted Mar 23, 2010

Wolters Kluwer Law & Business announced that it has acquired ftwilliam.com, a software as a service (SaaS) company providing third-party administrators and other retirement plan professionals integrated workflow solutions to automate administrative functions, as well as securely comply with 5500 filing requirements.

Posted Mar 18, 2010

HootSuite released a version of its twitter client for Google's Android mobile platform. HootSuite also announced plans to acquire Swift App, the company behind the development of its Android client.

Posted Mar 18, 2010

OCLC and EBSCO Publishing have signed an agreement whereby EBSCO will purchase the assets of the OCLC NetLibrary Division and the rights to license a select number of vendor-owned databases currently available through the OCLC FirstSearch service.

Posted Mar 18, 2010

The American Institute of Physics (AIP) is no longer strictly American.

Posted Mar 16, 2010

IT digital, Inc. acquired Atlanta-based Multicast Media Technologies, Inc. for $18 million.

Posted Mar 16, 2010

Social commerce company LivingSocial has closed a $25 million funding round. Investors included U.S. Venture Partners, Grotech Ventures, and Steve Case's Revolution, LLC.

Posted Mar 16, 2010

Reed Elsevier PLC has sold its German Business Information unit to Munich-based European Professional Publishing Group.

Posted Mar 11, 2010

Database company Infogroup entered into an agreement with private equity firm CCMP Capital Advisors to be purchased for approximately $460 million, or about $8 per share.

Posted Mar 11, 2010

Expert Publishing (ExPub), a provider of decision-support chemical information, has been acquired by EBSCO Publishing.

Posted Mar 09, 2010

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