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| 1. | World News - Daily International Headlines from Across The World - Read Breaking News Stories from the Middle East, Europe, Asia & More- msnbc.com (331)
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No sale yet for Nielsen Business Media (NBM) but most of it is about two weeks away from being acquired by a consortium led by James Finkelstein?s News Communications, paidContent has learned from multiple sources. We have also learned that Lachlan Murdoch—yes, that [...]
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MySpace Music has now finalized a global licensing deal with the labels represented by Merlin, according to details tipped Friday to Digital Music News. Both companies confirmed the relationship, thanks to resolution on a major sticking point related to equity. MySpace [...]
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Sony keeps flip-flopping over adding music downloads to the PlayStation Network (PSN). After scrapping plans to add a music store to the gaming network—complete with the ability for gamers to port tracks to the handheld PSP—comes news [...]
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» The NYSE has formally alerted Blockbuster (NYSE: BBI) that it has six months to get its stock price back above $1, or face being de-listed. [MarketWatch]
» Five ex-Googlers are putting working full time on what they hope will [...]
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Michael White, the PepsiCo vet who takes over as president and CEO of DirecTV (NYSE: DTV) Jan. 1, could make more than $35 million during his three-year contract, according to an SEC filing. His base salary [...]
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Sony and Barnes & Noble may be launching two of the most high-profile challengers to Amazon’s Kindle, but supply chain challenges could keep both companies from denting Kindle’s popularity this holiday season. (Then again, Amazon (NSDQ: AMZN) has had its [...]
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Offer-based ads seemed to be the secret to monetizing social games—and social network users, in general—that standard banner ads couldn’t provide. But amid ongoing accusations that the ads actually “scammed” users into paying for things they didn’t want and giving [...]
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Times Publishing Co. has sold Governing magazine to e.Republic, a publisher of titles focused on state and local government and education. Terms of the deal weren’t disclosed. The sale comes a few months after The Economist Group paid over [...]
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Quinstreet, the Foster City, CA-based vertical media and marketing firm that recently bought Insure.com and Internet.com, has filed for an IPO to raise as much as $250 million, according to its S1. Last month Quin paid $16 million for [...]
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The Daily Beast has named publishing vet Stephen Colvin as the site?s first president. Colvin has left his post as an EVP of CNET after two years. He was previously president and CEO of lad mag purveyor [...]
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The morning-after paperwork from eBay (NSDQ: EBAY) as control of Skype shifts to a private investment group led by Silver Lake Partners offers a look at the post-split financials for both companies—and the kind of detail on Skype [...]
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Newspaper websites’ ad revenue got progressively worse in Q3, as the declines reached nearly 17 percent to $623 million, according to the latest Newspaper Association of America stats. In comparison, newspaper sites’ Q308 decline was only [...]
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Adam Cahan is the CEO of Auditude, a Palo Alto, Calif.-based technology company that provides an ad platform for video management and monetization. He has also worked at MTV Networks (NYSE: VIA), Google (NSDQ: GOOG), NBC Universal ([...]
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BBC Worldwide is losing the president of its fast-growing U.S. operation, Garth Ancier. No news on his next role, but he’s staying on as a non-exec director.
Deadline Hollywood has Ancier’s exit memo to staff, in which he says: “Next year, [...]
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Is billionaire investor Silvio Scaglia‘s inclination to keep bankrolling Babelgum running out? The video service is shutting its Dublin HQ and Nice office, paidContent:UK has learned and confirmed.
We also heard its New York operation is being wound down, [...]
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Even before Tim Armstrong joined Time Warner (NYSE: TWX) to take AOL independent, the company was mixing in new brands with the familiar acronym. He’s pushed that strategy even harder, to the point where the question is what brands will be added—but whether [...]
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It’s taken years to unravel the tracking stocks and ownerships stemming from Liberty Media (NSDQ: LINTA), but the new, more-than-a satellite-company DirecTV (NYSE: DTV) is ready for its debut following shareholder votes combining it with Liberty Entertainment. The fine [...]
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Harbinger Capital Partners continues to slice its stake of the New York Times (NYSE: NYT). Co., selling its second batch of stock in two months. The activist hedge fund that spent more than a half-billion accumulating nearly 20 percent of the [...]
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MyFit has raised $1 million in a round led by VC firm New Enterprise Associates. The site takes the information a student enters (like GPA or SAT scores) and returns a student’s chances of getting in—and fitting in—at various colleges (It cross references [...]
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This is not a surprise considering the continued decline of Rhapsody music service in the face of lots of new competition and the general malaise in the digital music market: MTV Networks (NYSE: VIA) and RealNetworks (NSDQ: RNWK) are [...]
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[With Staci D. Kramer] After all the legal craziness, eBay (NSDQ: EBAY) has closed its deal to sell control of Skype to an investment group led by Silver Lake for $1.9 billion in cash and a $125 million note. [...]
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The Associated Press’ layoffs this week, combined with earlier cuts, have trimmed payroll costs by 10 percent, the wire service said in a statement. The final tally of the layoffs was 90 news department staffers, the AP said. About 71 jobs were represented [...]
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Revenue growth at Firefox-owner The Mozilla Foundation is slowing. Chairwoman Mitchell Baker said in her annual “state of Mozilla” letter that the foundation’s revenue—which it generates primarily from its deal to make Google (NSDQ: GOOG) the default [...]
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Smashwords, which was one of the first eBook distributors to be have its self-publishing platform included in the new Sony (NYSE: SNE) digital bookstore, has acquired author community site Bookhabit. Terms weren’t disclosed, but [...]
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» Iconix Brand Group, which has been in discussions to possibly buy Playboy (NYSE: PLA), is looking for a partner to take over Playboy’s publishing assets. [Reuters]
» Facebook’s Ad Platform needs [...]
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Several well-known BusinessWeek columnists and editors are among the 100 staffers Bloomberg has cut when the magazine’s ownership is transferred next month. Some of the names include senior reporter Stephen Baker, Technology & You columnist [...]
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Functionality aside, one of the biggest differences between Microsoft’s Xbox LIVE gamer network, and Sony’s PlayStation Network (PSN) has been the cost: If you want to play against other gamers on Xbox LIVE, you need to pay [...]
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Google (NSDQ: GOOG) isn’t launching its Google Chrome operating system quite yet—but it is ready to talk about it. During an event Thursday, VP of product management Sundar Pichai said the operating system was a year away from launch [...]
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Roughly 30,000 users subscribe the Wall Street Journal Kindle Edition, Dow Jones head Les Hinton told the Paley Center conference Rafat is attending this morning—great for a “primitive device.”
Put that way, it suggests the potential for a nice income as devices get [...]
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Catherine Balsam-Schwaber has left her post as a senior marketing exec at MTV Networks (NYSE: VIA) to take on a similar role at NBC Universal’s iVillage. This is the second big hire for iVillage within the past [...]
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Looks like VCs are really loosening their wallets. College textbook rental service Chegg says it has raised a stupendous $57 million in a fourth round of funding. It’s the latest company to pull in a big round this month; RockYou, Motley Fool, and [...]
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While ESPN (NYSE: DIS) and Comcast (NSDQ: CMCSA) have been grabbing headlines for their online local sports expansions, Fox Sports Net has been rolling out the soft launch of a dozen local sites over [...]
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Maybe letting people download, transport and then play movies using a USB drive will be the ticket to busting Hollywood’s DVD sales slump. That’s the logic behind studio-backed initiatives from DivX, CinemaNow and Widevine, and [...]
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Microsoft (NSDQ: MSFT) CEO Steve Ballmer hasn’t quite gotten the best reviews lately (Newsweek‘s Dan Lyons recently called Microsoft under his leadership the company’s “lost decade.”) But during the company’s annual meeting Thursday, Ballmer [...]
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So how’s Twitter going to make any money? One of its biggest fans, British actor and polymath Stephen Fry, gave co-founder Biz Stone one idea when the pair shared a Nesta panel in [...]
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I am at Paley Center in midtown Manhattan, on day two of their international media conference. Among the speakers this morning included Jeff Zucker, CEO of NBC Universal (NYSE: GE), where he had nothing much to add about Comcast-NBCU [...]
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A sale of Nielsen’s b2b mag titles to James Finkelstein’s News Communications could come as soon as Friday, TheWrap continues to insist, even as the company signals it plans to keep the properties.
TheWrap is wrong on at least one detail, namely that [...]
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Despite a slump in game sales industry-wide, GameStop delivered strong Q3 numbers—performing much better than it did in the previous quarter, and vs. Q308. The company delivered a 31-cent share profit on $1.83 billion in revenues, up 8.2 percent year-over-year; net profit [...]
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Indian broadcaster NDTV Ltd and US-based Scripps Network Interactive today said they were forming a strategic alliance in the lifestyle broadcasting space in India.
As part of the deal, Scripps will acquire 69 percent [...]
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[With Staci D. Kramer] We said last week that the cuts at the new AOL (NYSE: TWX) could go far deeper than the anticipated 1,000. At the time, execs declined comment but today the company admitted that it is it slashing [...]
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On-demand music streamer Spotify’s U.S. launch is being held up because labels are concerned too few users may migrate from ad-supported to premium.
FT.com reports anonymous concerns from three of the four major labels. One exec: “As an [...]
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A year after web-based TV creative ad agency Spot Runner started its push into the ad buying side of the business, the company is finally launching the Malibu Media Platform. The sales platform addition is meant [...]
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Notional wants to be taken seriously. That might be a little tough ordinarily for a new cross-platform video production company birthed by a website called CollegeHumor but Notional has great genes and, in Barry Diller, a godfather with [...]
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NeoEdge, the casual and online game advertising platform, is getting into the game development business. The company has merged with Offspring, a startup founded by a team of four EA vets, and will start creating casual and [...]
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Online ad firm Adknowledge has bought the ad network business belonging to SocialMedia, a company that runs ad platforms on apps and games, Techcrunch reported. SocialMedia will continue to operate its ad platform on social nets, although its [...]
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Updated: Yesterday, one source familiar with the situation said it could take weeks to wind up a deal for MySpace to pick up Imeem; today, there’s a letter of agreement, as TechCrunch first reported and paidContent has confirmed. It calls [...]
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With more people turning to social networks to communicate, Microsoft (NSDQ: MSFT) is adding a new feature to the next version of Outlook so that users can track the activities of contacts on social networks from [...]
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Vevo, the highly anticipated music video site, now has a launch date. It’s set to go live on the evening of Dec. 8, the site said a few minutes ago via Twitter. The announcement comes a day after Hulu [...]
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Next year is shaping up to be an interesting one in terms of digital music. We’ll be able to see how much traction music video site Vevo ultimately gains, whether Google’s music search becomes [...]
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Shopping search engine Like.com has purchased Weardrobe, a site that lets visitors posts stylish photos of themselves and then “follow” other members whose fashions they like. Like.com says it is applying its visual search technology to the Weardrobe site so that [...]
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Just as Condé Nast celebrates the acceptance of the special, digitized issue of GQ into Apple’s App store, the company is now hoping and praying the rumors of an Apple (NSDQ: AAPL) Tablet will come [...]
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AOL (NYSE: TWX) CEO Tim Armstrong did a hurried Q&A session at the Paley Center this afternoon and then had to rush off to being the IPO roadshow, which starts tonight here in Manhattan, presumably at some [...]
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I am at the Paley Center in midtown Manhattan, for their big yearly powwow on the future of global media and entertainment, listening to Katie Couric interview Jeff Bewkes and Les Moonves. Among the other questions, an audience member [...]
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Billionaire eBay (NSDQ: EBAY) founder Pierre Omidyar is entering the local news business. In a blog post, Omidyar says he’s setting up an online-only local news service that will cover public affairs and civic matters across Hawaii, where [...]
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AppointmentCity.com has raised an $800,000 angel round of funding for its online appointment-setting and lead generation platform, per an SEC filing. CEO Sherwin Krug said the money came from a group of private investors, including O4 [...]
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» Even though they are now partners, Microsoft (NSDQ: MSFT) is trying to outbid Yahoo (NSDQ: YHOO) for search partners. [TBI]
» The contract to finalize the Yahoo-Microsoft deal appears [...]
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The NYTimes.com will close the curtain on its homepage aggregation tool, Times Extra, on Dec. 1, a year after it began beta testing the feature. Although Times Extra is still being promoted on the main homepage, the alternate [...]
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Five months after Chase Carey returned to News Corp (NYSE: NWS). as deputy chairman and COO, DirecTV (NYSE: DTV) finally has a successor as CEO: Michael White, now CEO of PepsiCo International and vice chairman of PepsiCo. [...]
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Women-focused content firm LimeLife—which runs an online site aimed at the 18-34 year-old set, along with a corresponding mobile property—has raised another $1 million in funding, according to an SEC filing. Unclear who provided the [...]
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1020 Placecast, a location-based ad network and platform, has raised $5 million in a second round of funding. New investor Quatrex Capital joined for this round, with participation from previous backers Onset Ventures and Voyager Capital. 1020 will [...]
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When Steve Case’s internet payment startup Revolution Money raised a $42 million round last April from Goldman Sachs, Morgan Stanley and Citigroup, Chairman Ted Leonsis said the company had no plans for a sale or IPO before 2011. [...]
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Twentieth Century Fox is going social to promote its upcoming film, AVATAR, by partnering with TypePad owner Six Apart, to launch branded blogs and micro-blogs. AVATAR fans can get branded themes for their blogs, as well as trailers, behind-the-scenes [...]
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Charlie Ergen is handing off his duties as president and CEO of satellite tech company EchoStar (NSDQ: SATS) to returning exec Michael Dugan. Ergen will stay on as chairman; he’s also still chairman and CEO of Dish Network, which [...]
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Four months after announcing the features, Microsoft (NSDQ: MSFT) added social networking and music radio functionality to its Xbox 360 console on Tuesday, along with the first European foray for its Zune brand (see earlier reports [...]
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So the cuts and changes will happen anyway, despite whatever the promises were, reminiscent of the Murdoch’s promises to the Bancroft family at the time of the Dow Jones (NYSE: NWS) deal. Bloomberg will lay off about 100 staffers from BusinessWeek staff when [...]
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Of the big four major label groups, EMI stands out as the most distressed. But what happens next in this tale of toxicity? The outcome depends on a number of volatile variables, though the rejection of a $1.67 [...]
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German mag publisher Burda Media is buying a 25.1 percent stake in the business-focused social networking site Xing.com for a total of ?48.29 million (£42.7 million, $71.9 million), making it Xing’s biggest single shareholder.
Burda is making the deal through its Burda [...]
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Updated below: Hulu is doing a limited deal music video deal with EMI, which could be interpreted as a sign of things to come: it is tying up with struggling EMI to feature all of Norah Jones’ music videos, concerts and [...]
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Nearly eight months after Charter Communications (NSDQ: CHTR) filed for Chapter 11, a bankruptcy court judge has endorsed the cable operators reorganization plan, the company announced. The news comes a day after it was disclosed that the [...]
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A key idea behind ‘TV Everywhere’ is that subscribers will be able to watch shows not only from the websites of their cable providers but also elsewhere online, including the sites of the various networks in their cable packages, whether it’s the History Channel or [...]
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As this is being written, negotiations between MySpace Music and social music startup iMeem are still underway with issues including how much staff would make the move (possibly engineering and sales), whether cofounder and CEO Dalton Caldwell would come along a la iLike’s [...]
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Video-based chat service Paltalk has acquired Vumber, a service that provides “disposable” phone numbers. Terms weren’t disclosed. New York-based PalTalk began working with Vumber last February. Vumber’s service promises privacy and an additional layer of call-screening for people who use dating [...]
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