Media Business News and Trends

The formation of an alliance bringing together non-profits, library groups, corporations, Special Libraries Association (SLA) and other consumer groups to call for a detailed investigation by the U.S. Department of Justice into the Google Books Settlement has been announced.

Posted Aug 25, 2009

PaymentOne, a provider in alternative payments for digital merchants, announced it closed a $7 million round of equity and debt financing led by AER Investments LLC.

Posted Aug 25, 2009

Distributed social media company Demand Media and CoverItLive, a live social event software company, have announced a strategic partnership to offer CoverItLive's programming tools to the hundreds of brands and publishers that make up Demand Media's customer base.

Posted Aug 21, 2009

Online crime mapping company CrimeReports.com has raised $7.2 million in a Series B fundraising round.

Posted Aug 21, 2009

Jambool, Inc., operator of the Social Gold virtual currency and payments platform, has raised $5 million in a Series B fundraising round led by Madrona Venture Group.

Posted Aug 21, 2009

Microlocal news site EveryBlock has been acquired by MSNBC.com.

Posted Aug 21, 2009

An agreement was announced today between New Zealand's Digital Library Consulting and Content Conversion Specialists (CCS) of Germany.

Posted Aug 18, 2009

State College-based Optical Image Technology (OIT), maker of the DocFinity suite of document management and workflow software, announced a new partnership with Cyber Technologies, a Phoenix, Arizona-based company that specializes in digital information security.

Posted Aug 18, 2009

Zendesk announced that it has secured $6 million in series B venture funding.

Posted Aug 18, 2009

The Financial Times has acquired MandateWire, a London-based provider of information on European pension mandates.

Posted Aug 18, 2009

Venture capital firm Kohlberg Ventures has invested $2.5 million in online bookstore operator Akademos.

Posted Aug 14, 2009

Boxee, roughly a year after completing its Series A funding, has received a $6 million investment led by Boston firm General Catalyst, with participation by Spark Capital and Union Square Ventures, both of which had invested in Boxee before.

Posted Aug 14, 2009

Facebook has reached a deal to acquire FriendFeed, a service for sharing online.

Posted Aug 14, 2009

i4i, Inc., a Toronto-based software firm, which won a copyright infringement lawsuit against software giant Microsoft in May, saw that judgment upheld in a U.S. District Court ruling.

Posted Aug 14, 2009

Datamonitor Group has announced the integration of its three technology businesses (Butler Group, Datamonitor Technology and Ovum) under the Ovum brand as of September 1, 2009.

Posted Aug 11, 2009

Practice Fusion Inc., a provider of free, web-based physician practice applications, announced an investment from salesforce.com, an enterprise cloud computing company.

Posted Aug 11, 2009

Publicis Groupe SA and Microsoft Corporation jointly announced that they have signed an agreement under which Publicis Groupe will acquire Razorfish, a digital marketing agency, in a transaction valued at approximately $530 million, expected to be provided in a combination of cash and Publicis Groupe treasury shares.

Posted Aug 11, 2009

StockTwits, an Twitter-based business news service that bills itself as "Bloomberg for the little guy," has announced a campaign in conjunction with the Nasdaq Stock Market, Inc., called Data Junkies.

Posted Aug 07, 2009

Financial information service Edgar Online has hired investment bank Jordan, Edmiston Group in an effort to boost its strategic investment potential, www.paidcontent.org reports.

Posted Aug 07, 2009

Apperian, which makes iPhone applications for large companies, closed on a $1 million Series A venture capital round led by CommonAngels, a group that specializes in technology investment.

Posted Aug 07, 2009

Web publishing platform Buzzr.com has acquired ecommerce site Tipzu.com.

Posted Aug 07, 2009

Scenios, LLC, has announced initial details of its funding in preparation for the September beta launch of their cloud-based digital asset management platform.

Posted Aug 07, 2009

Genealogy research site Ancestry.com has filed for an IPO and plans to raise about $75 million in the offering, according to an SEC filing.

Posted Aug 07, 2009

Openwave Systems Inc., a software innovator, has announced that Telstra, Australia's telecommunications and services company, has selected Openwave Mobile Analytics, a solution that provides Telstra capabilities across its mobile device portfolio, including smartphones and feature phones, iPhone traffic, netbooks and other mobile-capable devices.

Posted Aug 04, 2009

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