Media Business News and Trends

Motionbox, a personal video sharing and storage site, announced a $6 million Series C investment round.

Posted Jan 13, 2009

RocketLawyer, a developer of retail legal self help software, has raised $2.09 million in second-round funding from LexisNexis, according to reports.

Posted Jan 13, 2009

SocialVibe, a social media platform, has raised $8 million in a second round led by JAFCO Ventures, bringing its total raised to just over $12 million.

Posted Jan 13, 2009

Superfish, a startup focused on visual search, raised $5.3 million in a second round of funding, according to reports citing a regulatory filing.

Posted Jan 09, 2009

SundaySky Ltd., a digital video solution provider, announced that it has completed an $8 million Series A round of funding led by Carmel Ventures and Globespan Capital Partners.

Posted Jan 09, 2009

RipCode, Inc., a provider of internet and mobile video infrastructure solutions, announced that it has secured more than $12.5 million in additional financing.

Posted Jan 09, 2009

Dow Jones, a News Corporation company and provider of global business news and information services, announced it has acquired the database assets of The Library House Ltd., a Cambridge, U.K.-based provider of data on emerging private companies in Europe.

Posted Jan 09, 2009

Edison Venture Fund announced a $7.25 million investment in TheInfoPro.

Posted Jan 09, 2009

Lionsgate and Macrovision Solutions Corporation, a digital entertainment technology provider, announced an agreement for Lionsgate to acquire the TV Guide Network and TV Guide Online properties from Macrovision for $255 million in consideration.

Posted Jan 09, 2009

Oppenheimer and Co. Inc. has extended its relationship with SunGuard, a provider of software and processing solutions for financial services, higher education, and the public sector.

Posted Jan 06, 2009

Day Software, a provider of global content management software, announced the completion of the sale of MarketingNet Ltd, a UK company active in the agency services business, to WAA Ltd, also a UK company.

Posted Jan 06, 2009

Consumers Union (CU), an independent publisher of Consumer Reports magazine and ConsumerReports.org, has purchased Consumerist.com from Gawker Media.

Posted Jan 06, 2009

Posterous, a website that allows users to post multimedia entries to a blog via email, has secured $725,000 in angel funding, according to reports.

Posted Dec 30, 2008

Chegg.com has raised $25M in Series C funding led by Kleiner Perkins and Foundation Capital with return backers Gabriel Venture Partners and Primera Capital.

Posted Dec 30, 2008

A pilot initiative announced by the Bill & Melinda Gates Foundation will help public libraries in seven states secure faster internet connections so more people can access a full range of online applications and opportunities.

Posted Dec 23, 2008

Information overload costs the U.S. economy $900 billion per year in lowered employee productivity and reduced innovation, according to the latest research from Basex, a provider of research on the productivity of knowledge workers and how technology impacts them.

Posted Dec 23, 2008

Macrovision Solutions Corporation, a digital entertainment technology provider, announced it has reached an agreement to sell its TV Guide Network property to Allen Shapiro and One Equity Partners for approximately $255 million in consideration.

Posted Dec 23, 2008

PixelFish, a provider of video advertising solutions, has acquired Eyespot Corporation for an undisclosed sum.

Posted Dec 23, 2008

XING, a network for business contacts in Europe, announced it has purchased New York-based socialmedian, Inc.

Posted Dec 23, 2008

Scribd, a document uploading and sharing service, received $9 million in second round funding led by Charles River Ventures.

Posted Dec 23, 2008

Morningstar, Inc., a provider of independent investment research, announced it has acquired Tenfore Systems Limited, a global provider of real-time market data and financial data workstations based in the United Kingdom.

Posted Dec 19, 2008

Gale, part of Cengage Learning, has acquired HighBeam Research, Inc., producer of the HighBeam Research Library and the online reference site Encyclopedia.com.

Posted Dec 19, 2008

BlueCielo ECM Solutions, a software company offering Engineering Content Management (ECM) solutions, announced that it has acquired 49 percent of PONTODOC Soluçoes de Gerenciamento Ltda, a company specializing in the implementation of ECM solutions based in Santo Andre, Sao Paulo, Brazil.

Posted Dec 16, 2008

Anvato Inc., a provider of content protection and contextual advertising, announced it has raised $2 million of $4 million in Series A funding.

Posted Dec 16, 2008

Lycos Europe shareholders voted to liquidate the business.

Posted Dec 16, 2008

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