Media Business News and Trends

eZ Systems, creator of eZ Publish, an open source content management system, has secured $5 million in funding.

Posted Apr 10, 2007

ExtendMedia has announced that it received $12 million in venture capital funding in a Series B round led by TVM Capital.

Posted Apr 10, 2007

Nstein Technologies Inc. has announced its chairman and CEO, Mario Girard, will be leaving the company.

Posted Apr 06, 2007

Fast Search & Transfer, a developer of search technologies, has announced its agreement to purchase selected assets of Convera Corporation, a provider of information retrieval solutions.

Posted Apr 06, 2007

Interwoven Inc., a global provider of content management solutions, has announced that its board of directors has named Joseph L. Cowan as the company’s chief executive officer.

Posted Apr 03, 2007

Onstream Media Corporation, an online service provider of live and on- demand, digital media communications and applications, has signed a definitive merger agreement with Infinite Conferencing, a national provider of audio and web conferencing, webinar, and webcasting services.

Posted Mar 30, 2007

Industrious Kid, creator of ‘tween social-networking site Imbee.com, has attracted an investment from Steamboat Ventures, the venture capital arm of the Walt Disney Company.

Posted Mar 27, 2007

Amp’d Mobile, a mobile entertainment company, has raised $107 million in funding.

Posted Mar 27, 2007

SirsiDynix, a provider of strategic technology solutions for libraries, has announced it is creating SirsiDynix International and placing oversight of its operations outside North America under the new division.

Posted Mar 23, 2007

D&B has acquired First Research for $22.5 million, with an earn-out potential of up to $4 million based on financial performance.

Posted Mar 23, 2007

Securent Inc., a provider of the Application Entitlement Management market, has announced that it is a Sponsor Member of the Organization for the Advancement of Structured Information Standards (OASIS).

Posted Mar 20, 2007

Elsevier, a global publisher of scientific, technical, and medical information, has announced the acquisition through its subsidiary MDL Information Systems GmbH, of the Beilstein Database, a compilation of chemical facts and a database in the field of organic chemistry.

Posted Mar 20, 2007

Avidence Inc. has secured $5.0 million in first round financing from Red Rock Ventures and ArrowPath Venture Partners.

Posted Mar 20, 2007

Eurekster, Inc., a provider of social search has secured $5.5 million in a Series B financing.

Posted Mar 16, 2007

OCLC Online Computer Library Center has acquired TechAtlas technology planning software with a $1.9 million grant from the Bill & Melinda Gates Foundation.

Posted Mar 16, 2007

Viacom Inc. has sued YouTube and Google in U.S. District Court for the Southern District of New York for massive intentional copyright infringement of Viacom’s entertainment properties.

Posted Mar 16, 2007

Inmedius, Inc., a provider of lifecycle management solutions for technical information assets, has announced the acquisition of IConvert software from JNR Associates.

Posted Mar 13, 2007

Accenture has acquired Digiplug S.A.S., a Paris-based provider of outsourced mobile-content repurposing and distribution services to the music and communications industries, from Faith Inc. of Kyoto, Japan.

Posted Mar 13, 2007

Michael Eisner’s The Tornante Company has announced the formation of Vuguru, an independent studio that will produce and distribute original content for the Internet and emerging digital platforms.

Posted Mar 13, 2007

MXP4 Interactive Music has secured a $6.5 million investment from Sofinnova Partners and Ventech, which will enable MXP4 Interactive music to develop its digital audio technology and underwrite its commercial development.

Posted Mar 13, 2007

Open Text Corporation has released a survey that shows that the demands of managing websites is overloading university IT departments.

Posted Mar 09, 2007

Viva! Vision, a provider of branded, user-generated and original mobile video programming, has announced that it has secured $5 Million of funding from its leading investors, Equal Elements.

Posted Mar 09, 2007

Cisco Systems has completed the purchase of select assets of privately-held Utah Street Networks, Inc., the operator of the social networking site Tribe.net.

Posted Mar 06, 2007

Silvio Scaglia, FastWeb founder, chairman and largest shareholder, has turned his attention to a new venture, an internet television and video-on-demand service called Babelgum.

Posted Mar 06, 2007

The BBC has announced a deal with Google to make clips of its news and other programs available on YouTube.

Posted Mar 06, 2007

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