Media Business News and Trends

RockYou, creator and distributor of widgets and applications on the social web, announced it has closed a Series C funding round of $35 million led by DCM, a venture capital firm.

Posted Jun 13, 2008

FTI Consulting, Inc., the global business advisory firm, announced that is has signed a merger agreement to acquire Attenex Corporation, an eDiscovery software provider.

Posted Jun 13, 2008

Ingram Content Companies, provider of physical and digital services to the book industry, announced a new organizational structure called Ingram Lightning Group to provide coordination among the Ingram businesses that serve publishers, librarians, booksellers, and other creators and consumers of printed content throughout the industry.

Posted Jun 10, 2008

Macrovision Solutions Corporation learned that News Corporation has sold all of its 19,031,484 shares of Macrovision Solutions common stock, which represented approximately 19% of the outstanding common stock of Macrovision, through a broker-dealer to several existing and new institutional investors.

Posted Jun 10, 2008

With all the talk of FEMA trailers, insurance fiascos, and rebuilding efforts in New Orleans, it's easy to forget that Hurricane Katrina hit area libraries hard. Library management had to make quick decisions about what to save and enlisted Belfor, a disaster restoration specialist, to help recover collections of government documents, microforms, newspapers, and a music library.

Posted Jun 09, 2008

Researchers at the University of California, San Diego, announced a new study to quantify the amounts and kinds of information being produced worldwide by businesses and consumers alike.

Posted Jun 06, 2008

CrownPeak, provider of on-demand web site software, announced it has closed $6 Million in a second round of financing, bringing its total raised in two rounds to $10.25 Million.

Posted Jun 06, 2008

Zmags, provider of digital publishing software, announced it has raised £2.1 million in Series B funding from OpenView Venture Partners, bringing the total investment in the company to £3.5 million.

Posted Jun 03, 2008

EBSCO Information Services has acquired Minerva Wissenschaftliche Buchhandlung GmbH, of Vienna, Austria, from Springer-Verlag GmbH & Co., a subsidiary of Springer Science+Business Media.

Posted Jun 03, 2008

A survey taken by Safari Books Online of technology workers' research and collaboration habits found that most technology employees find it difficult to find or share collective knowledge with colleagues in their field.

Posted May 30, 2008

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

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