Media Business News and Trends

In 2008, advertisers are expected to spend $1.6 billion--a rise of 69% over the $920 million they spent in 2007, according to a new eMarketer report.

Posted Dec 28, 2007

EMC Corporation, a profider of information infrastructure solutions, and Document Sciences Corporation announced that they have signed a definitive agreement whereby EMC will acquire publicly-held Document Sciences Corporation.

Posted Dec 28, 2007

CDNetworks, a global, full service content delivery network (CDN), announced a strategic private investment of US $96.5 million led by Oak Investment Partners, with co-investment from Shinhan Private Equity and Goldman Sachs International.

Posted Dec 28, 2007

IBM announced it has entered into an agreement to acquire Solid Information Technology, a privately-held company based in Cupertino, California, and Helsinki, Finland that provides in-memory database software.

Posted Dec 28, 2007

Google has welcomed the U.S. Federal Trade Commission's clearance of its planned acquisition of DoubleClick Inc., a provider of display ad serving technology and services.

Posted Dec 21, 2007

Acquia, Inc. announced it has secured $7 million in a Series A financing led by North Bridge Venture Partners, with additional investment from Sigma Partners and O'Reilly AlphaTech Ventures.

Posted Dec 21, 2007

Velocity Interactive Group, a new global digital media and communications investment firm, was unveiled as a result of a merger between Velocity, the firm founded by Ross Levinsohn and Jonathan Miller, and ComVentures and its venture investors, David Britts, Keyur Patel and Roland Van der Mee

Posted Dec 21, 2007

Outsell, Inc., a syndicated research and advisory firm for the information industry, worldwide, has released a new report estimating the worldwide market for Social Media Market Intelligence (SM-MI) at just over $80 million in 2007.

Posted Dec 18, 2007

Streamezzo, a provider of rich media solutions and platforms for mobile communications, announced it has secured Round C financing totaling over $22 million.

Posted Dec 18, 2007

NewsGator Technologies, Inc., a provider in RSS and Enterprise 2.0, announced that it has closed a $12 million round of funding.

Posted Dec 14, 2007

Amazon.com announced it has signed an agreement with Bill Me Later, Inc., a provider of alternative payment technologies, to make the Bill Me Later payment option available on the Amazon.com website.

Posted Dec 14, 2007

Mochila, an online media marketplace for text, video, and photo content, announced several developments in the online content syndication space.

Posted Dec 14, 2007

Kosmix announced a $10 million investment led by new investor DAG Ventures with additional participation from current investors, Accel and Lightspeed, giving it a strong cash position to accelerate growth in the marketplace.

Posted Dec 14, 2007

Edison Venture Fund announced a $5 million investment for Inmagic, headquartered in Woburn, MA.

Posted Dec 14, 2007

The Blog Council, a professional community of global brands dedicated to promoting best practices in corporate blogging, has officially launched.

Posted Dec 11, 2007

MetaCarta, Inc., a provider of geographic search and referencing solutions, announced MetaCarta NewsMap service, a new, hosted service that allows online media outlets to display maps that show the places mentioned in their news stories.

Posted Dec 11, 2007

EdgeCast Networks, a rich media content delivery network (CDN), announced that it has secured $6 million in Series B financing led by Steamboat Ventures, a venture capital firm affiliated with The Walt Disney Company.

Posted Dec 11, 2007

Dow Jones & Company announced that Richard F. Zannino, CEO, plans to leave the Company after the closing of the acquisition of Dow Jones by News Corporation.

Posted Dec 11, 2007

Macrovision Corporation, a provider in protection, enablement and distribution solutions, and Gemstar-TV Guide International, Inc., a provider of video and entertainment guidance, announced the two companies have signed a definitive agreement for Macrovision to acquire Gemstar-TV Guide in a cash and stock transaction.

Posted Dec 11, 2007

Lawsuits have been dismissed and issues surrounding distribution of eAudiobooks have been resolved, according to Recorded Books and NetLibrary, the parties involved.

Posted Dec 04, 2007

Google announced that it will apply to participate in the Federal Communications Commission's upcoming auction of wireless spectrum in the 700 megahertz (MHz) band.

Posted Dec 04, 2007

As the one-year anniversary of the amended Federal Rules of Civil Procedure (FRCP) approaches on December 1, a survey of professionals directly involved in legal discovery shows that a significant number of businesses have been negatively impacted by the challenges of e-discovery

Posted Nov 30, 2007

Volo Media, a provider of advertising, metric, and reporting solutions for downloadable media, has announced the company’s official name change from Podbridge, Inc. to Volo Media, Inc

Posted Nov 30, 2007

Xiotech Corporation, provider of data storage and business continuity solutions, has completed an investment round, led by Luczo, in excess of $40 million.

Posted Nov 30, 2007

MobiMate Ltd, a provider of travel services for mobile devices, has announced the completion of a round of financing led by Motorola Ventures, the strategic venture capital arm of Motorola, Inc.

Posted Nov 20, 2007

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