Media Business News and Trends

Demandbase, which offers On Demand software, has received eight million dollars in venture funding from Adobe Systems, Altos Ventures, and Sigma Partners. The company has also announced the release of Demandbase Stream, a free downloadable web application.

Posted Aug 26, 2008

in its eagerness to make an impact in the enterprise search marketplace—a sector it has yet to satisfactorily conquer—Microsoft may have overlooked, or been inclined to dismiss, a number of apparent accounting irregularities on Fast Search & Transfer's books when it acquired the Norwegian search company for $1.2 billion in January 2008. The problems were no secret even then—inquiries related to FAST's accounting practices during the press conference call announcing the acquisition were met with pregnant pauses and "no comments"—but the story has grown more embarrassing for Microsoft in recent weeks as more details emerge about FAST and amid reports in the Norwegian press that the matter may come under criminal investigation.

Posted Aug 15, 2008

LiveRail announced the release of Junction, a free service for video publishers to select, optimize, display, and track video advertising from multiple sources.

Posted Aug 15, 2008

RoyaltyShare, Inc., a provider of digital royalty solutions to the entertainment industry, announced an extension to its Series B round of financing with an investment from the William Morris Agency.

Posted Aug 15, 2008

Lijit Networks, Inc., a company that provides search-powered applications for both individual online publishers and online publisher networks, announced that it has closed a $7.1M series C round of financing.

Posted Aug 15, 2008

Yahoo! Inc. announced that it will offer users the ability to opt-out of customized advertising on Yahoo.com.

Posted Aug 12, 2008

SkyGrid, a real-time search, filtering, and personalization platform for news, has raised $11 million in Series B funding.

Posted Aug 12, 2008

Clarabridge, provider of text analytics, announced it has secured $12 million in Series C financing.

Posted Aug 12, 2008

Ex Libri Group, provider of library automation solutions, announced that Leeds Equity Partners, the New York-based private equity firm, has completed the acquisition of the Ex Libris Group.

Posted Aug 08, 2008

The international media and entertainment companies Sony Corporation and Bertelsmann AG have announced that Sony has agreed to acquire Bertelsmann's 50% stake in Sony BMG.

Posted Aug 08, 2008

Forrester Research, Inc., an independent research company, has acquired JupiterResearch, LLC and its parent company, JUPR Holdings, Inc., from MCG Capital Corporation.

Posted Aug 05, 2008

National Public Radio (NPR) and Public Radio International (PRI) have come to an agreement that NPR will acquire Public Interactive (PI), the public media web services company owned by PRI.

Posted Aug 05, 2008

Gannett, an international news and information company, announced that it has made a minority investment in Mogulus, a New York- based Internet video platform.

Posted Aug 01, 2008

PopularMedia, the social media marketing tools developer, raised $8 million in third round funding.

Posted Aug 01, 2008

Interwoven, Inc., provider of content management solutions, announced that it has entered into a definitive agreement to acquire Discovery Mining, Inc., an eDiscovery provider to professional services firms and corporations.

Posted Aug 01, 2008

Four Google executives may be standing trial over failing to monitor third-party content posted to their Italian language site.

Posted Jul 29, 2008

The Associated Press has invested in mobile news services start up, Verve Wireless.

Posted Jul 29, 2008

Cisco, supplier of networking equipment and network management, announced its intent to purchase privately held Pure Networks, a Seattle-based provider of home networking-management software and tools.

Posted Jul 29, 2008

Qumu, Inc., provider of Enterprise Video Communications, announced the completion of a $10.7 million Series C funding round.

Posted Jul 25, 2008

LivingSocial.com, a social discovery and cataloging network for reviewing and sharing common interests, announced the company has closed more than $5 million in Series A funding.

Posted Jul 25, 2008

ContextWeb, Inc., a contextual advertising company and operator of the ADSDAQ Exchange, announced that it has closed a $26 million Series D round of funding.

Posted Jul 25, 2008

NowPublic, the participatory news network, announced the launch of the MostPublic Index, a detailed barometer of the most public news influencers of today's digital world.

Posted Jul 22, 2008

Macehiter Ward-Dutton (MWD), an IT advisory firm, announced the availability of the second of its range of subscription-based advisory services.

Posted Jul 22, 2008

Twitter, the social networking and micro-blogging service, has acquired Summize, a search tool.

Posted Jul 18, 2008

Quark Inc., provider of desktop publishing software, announced that it has acquired the assets of In.vision Research Corporation, a software company that developed the add-in to Microsoft Word for XML authoring.

Posted Jul 18, 2008

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