Media Business News and Trends

Google, Inc., has announced that it has reached an agreement with XM Satellite Radio, a satellite radio service with more than seven million subscribers, to introduce and make available commercial advertising inventory on XM’s non-music channels to Google’s advertising base through its dMarc media network.

Posted Aug 04, 2006

Frederick G. Kilgour, a librarian and educator who created an international computer library network and database, died on July 31, 2006.

Posted Aug 04, 2006

PA Sport Ltd has agreed to acquire sports media technology company iKnowledge Ltd.

Posted Aug 04, 2006

Telestream, a provider of multi-format media encoding and file-based delivery solutions for the broadcast and entertainment industry, has announced that it has completed the acquisition of Popwire from Teleca, a telecommunications provider.

Posted Aug 04, 2006

Nelnet has announced it has acquired Peterson's, a provider of education and career guidance, from The Thomson Corporation.

Posted Aug 01, 2006

365 Media, Inc, a provider of content solutions and services for directory and database publishing, has announced that it has been chosen by VNU Business Media to assume responsibility for its core directory operations and to partner in developing new rich data initiatives.

Posted Jul 28, 2006

The Ex Libris Group, a developer and provider of applications for libraries and information centers, has announced an agreement with Francisco Partners, a technology-focused private equity funds, for the acquisition of 100% of the company’s shares.

Posted Jul 28, 2006

Panther Express, a content delivery network (CDN), has announced it has completed a $6 million round of private equity funding from Greylock Partners.

Posted Jul 28, 2006

Limelight Networks, Inc., a content delivery network for digital media, has announced the completion of a $130 million equity-financing round led by Goldman Sachs Capital Partners, an investment banking and private corporate equity firm.

Posted Jul 28, 2006

LexisNexis has announced it has acquired Dataflight Software, Inc. and CaseSoft, Ltd., providers of evidence management and case analysis litigation services respectively.

Posted Jul 25, 2006

HighBeam Research, Inc., operator of the HighBeam Research Engine, has renamed and redesigned its free online encyclopedia to better integrate it into its network and to provide a more powerful online research tool for users.

Posted Jul 21, 2006

Jobster, which helps employers recruit online, has raised $18 million more in venture capital and is launching a service for employees.

Posted Jul 21, 2006

The Department of Homeland Security (DHS) does not fully address critical funding and information sharing issues in its recently finalized National Infrastructure Protection Plan (NIPP), according to a report released by INPUT.

Posted Jul 18, 2006

NFAIS has announced that members will receive a 10% discount on each of four online courses covering copyright issues and digital content management being offered by Copyrightlaws.com beginning September 18, 2006 (discounted fees are shown).

Posted Jul 18, 2006

Electronic Design, a brand in the Electronics OEM Group at Penton Media, Inc., has announced the acquisition of Web-EE, an online entity offering schematics, project and tutorial content, and components application notes for electronic design engineers.

Posted Jul 18, 2006

Hummingbird Ltd., a provider of enterprise software solutions, has received a proposal from Open Text Corporation indicating it is prepared to make an offer to acquire all of Hummingbird's outstanding shares at a price of US $27.25 cash per share.

Posted Jul 11, 2006

Internet Securities, Inc., a Euromoney Institutional Investor company, has signed an agreement to acquire all assets of RussiaDeal LLC’s financial deal information business.

Posted Jul 07, 2006

Metacafe, a video entertainment site, has secured $15 million in its completion of venture capital funding.

Posted Jul 07, 2006

Klipmart Corporation, a provider of online video solutions, has opened an office in London as it seeks to expand its business to the UK and Europe.

Posted Jun 27, 2006

Cadmus Communications Corporation has announced KnowledgeWorks Global Limited (KGL), a Cadmus subsidiary based in India, has expanded with two processing centers in Mumbai and Chennai.

Posted Jun 27, 2006

OCLC has joined more than 90 libraries from around the world that participate in the LOCKSS (Lots of Copies Keep Stuff Safe) Alliance, a library membership consortium and active user community that provides open-source archiving software as a means to build digital collections.

Posted Jun 27, 2006

Oxford Journals has announced that findings from three studies into the effects of open access (OA) on authors, readers, usage, and citations have been made available online.

Posted Jun 27, 2006

ContentNext Media, the parent company of three sites--paidContent.org, MocoNews.net, and ContentSutra--has received its first round of investment from Alan Patricof’s new venture firm Greycroft Partners.

Posted Jun 27, 2006

Nstein Technologies Inc. ("Nstein"), has announced the conclusion of its previously disclosed private placement of CAD$10M with J.L. Albright IV Venture Fund L.P. ("J.L. Albright"), a Canadian venture capital company, and Solidarity Fund QFL (the "Fund").

Posted Jun 16, 2006

Vamosa, a software vendor in the Enterprise Content Management sector, has been awarded a £1 million contract (roughly $186,000) to migrate the content of a 3 strong consortium of UK government departments known as “The Club.”

Posted Jun 13, 2006

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