Media Business News and Trends

Open Text Corporation, a global provider of Enterprise Content Management (ECM) software, and Vignette Corporation, a provider of software and services that deliver dynamic web user experiences, announced a definitive agreement in which Vignette will become a wholly owned subsidiary of Open Text.

Posted May 08, 2009

Over the past few months, from scattered corners of the web, the sentiment "enough already" has slowly emerged. Yes, we're in a recession; friends and family members are losing jobs, retirement savings, and homes; people are scared and frustrated. But enough with apocalyptic forecasting—let's move on to the question of how we're all going to get through this.Sites such as Recessionwire, Economic TurningPoint, and the Reinventing America series of reports on MSNBC.com have launched with the goal of helping readers understand not only what is going on with the economy but what to do now.

Posted May 07, 2009

Intelius, an information commerce company, purchased people search engine Spock.

Posted May 05, 2009

Associated Content, an online publishing platform, announced it has closed a $6 million series C financing round.

Posted May 01, 2009

To rescue the beleaguered newspaper industry, there has been talk of a return to paid content (not so sure about the soundness of trying to unring a bell), nonprofit endowments, or government bailouts. Yet, as we've seen with the auto industry, throwing money at complex business problems does not suffice. Consider the music business, beset by the increasing legal and illegal distribution of music online. Today, successful musicians are giving music away to make money on concert tickets. Deeply entrenched, seemingly fundamental models have to be rebuilt in light of digital distribution and the expectation of free content, despite the fact that making quality content costs money.

Posted May 01, 2009

Some internet scams are easy to spot—pop-ups boasting miracle weight loss or emails claiming you've won the lottery—but other, more subtle scams aren't as easy to identify. With the rise of Web 2.0 tools, advertisers have a plethora of new opportunities to promote products and, unfortunately, dupe online users. For this reason, the Federal Trade Commission (FTC) has proposed new regulations regarding misleading online endorsements, which could hinder online advertisers' ability to use social networking sites and blogs to promote products.

Posted Apr 28, 2009

The Fortune 500 are farther along in their adoption of public-facing corporate blogs than previous data has suggested says a new research study, "The Fortune 500 and Blogging: Slow and Steady."

Posted Apr 28, 2009

Jodange Inc., creator of the Opinion Utility, which extracts and ranks opinions, announced the completion of $1.2 million in early stage funding.

Posted Apr 28, 2009

Media6Degrees, an advertising company that maps the global social graph to provide brand marketers with scalable customized audiences, announced it closed a Series A round with an investment from Venrock.

Posted Apr 28, 2009

Good Data announced that it has closed its first institutional round of funding with $2.5 million in venture financing.

Posted Apr 28, 2009

Morningstar, Inc., a provider of independent investment research, announced it has acquired the global financial filings database business of Global Reports LLC, a provider of online financial and Corporate and Social Responsibility (CSR) reports.

Posted Apr 24, 2009

Oracle Corporation and Sun Microsystems announced they have entered into a definitive agreement under which Oracle will acquire Sun common stock for $9.50 per share in cash.

Posted Apr 21, 2009

IBM announced the closing of the acquisition of Outblaze, Ltd's messaging assets.

Posted Apr 17, 2009

Nirvanix, an enterprise Cloud Storage service provider, announced that it has raised an additional $5 million in funding.

Posted Apr 17, 2009

StoredIQ Inc., a provider of Intelligent Information Management and eDiscovery technologies, announced that it has closed an $8 million investment financing from its existing investors, including S3 Ventures and Techxas Ventures.

Posted Apr 17, 2009

Macrovision Solutions Corporation, a digital entertainment technology provider, and Muze, Inc., a provider of entertainment information products and discovery services, announced a definitive agreement for Macrovision to acquire all of the assets of Muze, Inc.

Posted Apr 17, 2009

Online advertising network and technology provider Collective Media has announced that it has closed $20 million in growth equity financing with Accel Partners, in conjunction with iNovia Capital.

Posted Apr 14, 2009

Enterprise Wiki vendor Socialtext has just closed a new round of financing, totaling approximately $4.5 million, from existing investors which participated in this round, including Draper Fisher Jurvetson, Omidyar Networks, and University Venture Fund.

Posted Apr 14, 2009

Adapx, which makes software that digitizes handwritten notes, has raised $9 million in a second round of funding led by new investor UV Partners.

Posted Apr 14, 2009

Seattle-based TalentSpring, Inc. has announced that its open funding round, in which it secured $1.6 million in investment from Second Avenue Partners and private investors, is now closed.

Posted Apr 14, 2009

CMS Watch released the report, "The XML & Component Content Management Report 2009," which found that XML/CCM technology buyers require new strategies.

Posted Apr 10, 2009

Outsell, Inc. has scaled down growth projections for the information industry because of the economic downturn in a new report, "What is Good Performance in 2009?"

Posted Apr 10, 2009

The Software & Information Industry Association (SIIA), a trade association for the software and digital content industries, announced the filing of 17 new online piracy lawsuits.

Posted Apr 10, 2009

Elsevier, a global publisher of scientific, technical, and medical information products and services, announced the acquisition of the assets of Professional Development Software, Inc.

Posted Apr 10, 2009

Open Text, a provider of Enterprise Content Management (ECM), announced that it has acquired Toronto-based Vizible Corporation, a privately held maker of digital media interface solutions delivered via a publishing platform that enables syndication and analytics.

Posted Apr 10, 2009

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