Media Business News and Trends

Online social media monitoring company Scout Labs, Inc, has closed a funding round that, according to an SEC filing, is worth upwards of $4 million.

Posted Oct 20, 2009

Thomas Reuters confirmed that it has made a formal offer to acquire financial insight commentator Breakingviews.

Posted Oct 16, 2009

The recent valuation of Twitter came in at approximately a billion dollars, according to news reports. It's a big figure based on a lot of other numbers: monthly visitors to the site, the daily number of tweets, repeat usage, and-most critically-the extraordinarily rapid rise of all those statistics in such a short time. The one thing we know for sure is Twitter's profit margin: zero.

Posted Oct 09, 2009

The Federal Trade Commission announced new guidelines covering endorsements and testimonials, addressing for the first time the role of bloggers and online reviewers.

Posted Oct 09, 2009

On-demand software solutions provider KIT digital announced that it reached definitive agreements to acquire two of its competitors, Germany-based Nunet AG and New York-based The FeedRoom.

Posted Oct 09, 2009

The Washington Post and Bloomberg will launch a global news service, The Washington Post News Service with Bloomberg News, which will feature 120 news stories a day from both sources. The service will be available to subscribers, web services, and other newspapers.

Posted Oct 06, 2009

ECNext, an ecommerce service provider for business-to-business publishers, has changed its name to Manta Media.

Posted Oct 02, 2009

Internet video storage and delivery developer Blackwave announced that it has successfully completed a $7 million round of series C investment, bringing its total venture and strategic capital funding to more than $29 million.

Posted Oct 02, 2009

News and business services provider YellowBrix, Inc., has acquired Streaming Media, formerly a Dow Jones & Company Inc., property.

Posted Sep 29, 2009

Twitter has completed a $100 million funding round, becoming the first American digital media company to collect such a sum in the past year and a half, the National Venture Capital Association reports.

Posted Sep 29, 2009

It's not news that magazines are anorexic, newspapers are dropping in droves, and industry leaders are calling for everything from forbidding the use of headlines for linking to putting up pay walls around anything and everything. It feels frantic, even desperate.

Posted Sep 28, 2009

Two major reports released recently offer both confirmation of declining advertising and marketing spend and a glimpse at the areas for growth in the coming years.

Posted Sep 28, 2009

Swets announced that it has expanded into the Chinese market with the opening of a new market in Beijing.

Posted Sep 25, 2009

Mzinga announced that it has completed a round of financing, raising $10 million that it intends to use to strengthen its overall financial position and increase investments in sales and marketing.

Posted Sep 25, 2009

Financial market operator NYSE Euronext has agreed to sell investor relations and press distribution company Hugin Group to Thomson Reuters, in a transaction facilitated by Marlin & Associates.

Posted Sep 25, 2009

Adobe Systems Incorporated and Omniture have announced that they have entered into a definitive agreement for Adobe to acquire Omniture in a transaction valued at approximately $1.8 billion on a fully diluted equity-value basis.

Posted Sep 18, 2009

Google Inc. has announced that it has acquired ReCAPTCHA Inc., a spin-off of Carnegie Mellon University's Computer Science Department responsible for developing online puzzles that both protect Web sites and aid in the digitizing of printed text.

Posted Sep 18, 2009

The Blob is back. Here comes that oozing, amorphous, alien life form known for swallowing everything in its path: AOL.

Posted Sep 15, 2009

Avere Systems, a startup company that focuses on producing multiple storage media, has secured $15 million in Series A funding from Menlo Ventures and Norwest Venture Partners.

Posted Sep 15, 2009

Thomson Reuters has announced that its Tax & Accounting business has signed a definitive agreement to acquire the Abacus Enterprise suite of products and related business operations from Deloitte LLP, a professional services firm.

Posted Sep 15, 2009

A study released by the Publishing Research Consortium has found that small businesses in the UK have good access to information such as research articles and academic journals, while also indicating room for improvement.

Posted Sep 11, 2009

Consumer Watchdog, a nonprofit consumer advocacy group formerly known as the Foundation for Taxpayer and Consumer Rights, has filed a brief with U.S. District Court's Southern District of New York urging the court to reject the proposed Google Books deal.

Posted Sep 11, 2009

arvato digital services has announced the acquisition of Protexis, the creator of the RED platform for connecting publishers directly with retailers to deliver digital content to consumers.

Posted Sep 11, 2009

RightNow has signed a definitive agreement to acquire HiveLive, Inc., a social platform provider.

Posted Sep 11, 2009

If you've ever wondered why Googling "healthy eating recipes" while sitting on the couch in your pajamas leads to an inbox jam-packed with emails from every health and diet website known to man, then I have two words for you: behavioral targeting.

Posted Sep 10, 2009

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