Media Business News and Trends

PolySpot, provider of enterprise search solutions, has formed a partnership with Building Blocks, a web Content Management specialist, to bring enterprise-class search to organizations developing their Web Content Management Strategy (WCMS).

Posted May 30, 2008

M:Metrics, recognized in mobile measurement, has been sold to comScore, a digital world measurement provider.

Posted May 30, 2008

Brightcove Inc., the Internet TV platform, announced the formation of a majority-owned Japanese subsidiary, Brightcove KK.

Posted May 23, 2008

Outside.in, platform for neighborhood news and conversation, announced the hiring of Mark Josephson. The company also announced a round of financing that includes existing investors Union Square Ventures, Milestone Venture Partners, Betaworks, and a group of angel investors led by George Crowley.

Posted May 23, 2008

Twitter has reportedly reached an agreement with investors to raise $15 million in funding at aproximately an $80 million pre-money valuation.

Posted May 23, 2008

Wetpaint, a social publisher, announced it has completed a $25 million round of Series C funding that brings the total investment in Wetpaint to approximately $40 million.

Posted May 20, 2008

The boards of Alterian, an international provider of enterprise management software, and Mediasurface, provider of Web Content Management software, announced that they have reached an agreement on the terms of a recommended offer by Alterian to acquire the entire issued and to be issued share capital of Mediasurface.

Posted May 20, 2008

AOL announced that it has completed its acquisition of Bebo, a social media network that will help form AOL's People Networks business unit.

Posted May 20, 2008

The market for mobile digital commerce services grew to $1.1 billion in 2007, according to recent research by MultiMedia Intelligence, provider of intelligence on the markets and technologies.

Posted May 16, 2008

Biz360 Inc., a provider of media and market intelligence solutions, announced the closing of a $10 million round of financing.

Posted May 13, 2008

Online video broadcasting service Veodia has raised a $8.3 million first round funding, which is intended to to support the company's marketing and technology.

Posted May 13, 2008

Research In Motion (RIM), RBC, and Thomson Reuters announced plans to launch the BlackBerry Partners Fund, a $150 million venture capital fund, to invest in mobile applications and services for the BlackBerry platform and other mobile platforms.

Posted May 13, 2008

Sosius announced the launch of its new business model.

Posted May 09, 2008

Microsoft Corp. announced that it has withdrawn its proposal to acquire Yahoo! Inc.

Posted May 06, 2008

Macrovision Corporation has announced that ts stockholders approved the share issuance to complete the proposed acquisition of Gemstar-TV Guide.

Posted May 02, 2008

The newly merged Thomson Reuters news agency produced a new code of ethics that allows employees to mention Thomson Reuters in a personal blog, but bans employees from blogging about confidential information and company clients.

Posted Apr 29, 2008

Sony Corporation of America (SCA) announced that it has signed a merger agreement with Gracenote, Inc.

Posted Apr 29, 2008

Vysr, a new web browser, will debut RoamAbout--an application that enables consumers to tap their favorite web services and social networks wherever they go on the web.

Posted Apr 25, 2008

Six Apart, a blogging software and services company, debuted a host of social media services that complement its technology offerings.

Posted Apr 22, 2008

Collective Intellect, a social media analytics company helping businesses track, understand, and use social media, closed its second round of institutional funding by raising $6.6 million from venture capital firms led by Grotech Capital Group and including existing investors Appian Ventures and Croghan Investments and new investor Crawley Hatfield Capital, LP.

Posted Apr 18, 2008

Cuill, a start-up search company, announced that the company has secured a second round of equity financing of $25 million, led by Madrone Capital Partners.

Posted Apr 18, 2008

Move Networks, a provider of high definition online television services, announced a $46 million Series C funding round.

Posted Apr 18, 2008

Dow Jones & Company announced that it has acquired Generate Inc., a company that enables business intelligence.

Posted Apr 18, 2008

Co-operative Financial Services (CFS), a consumer cooperative that offers financial products, has signed a $23 million, six-year contract with Xerox to implement an automated e-mailroom.

Posted Apr 15, 2008

Vignette, a provider of web experience management and delivery, announced it has entered into a definitive agreement to acquire Vidavee, a video web services company that enables web publishers to upload, share, analyze, and monetize internet video content.

Posted Apr 15, 2008

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