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Interview: People.com’s Golin, Hauser: Being More Aggressive By Being Soft; Games Channel Introduced - 1 Comment
Posted By David Kaplan - Wed 02 Jul 2008 03:14 PM PST

Celebrity-oriented news sites have grown substantially over the past year—*comScore* says the category’s traffic has grown 31 percent from May 2007 to May 2008. So while the space has been…

Ask.com Completes Lexico Acquisition, Bags Dictionary.com Et Al - 3 Comments
Posted By Robert Andrews - Fri 04 Jul 2008 07:56 AM PST

Losing its independence on Independence Day, Lexico is now part of the Ask.com family, as IAC’s (NSDQ: IACI) portal completes its purported $100 million cash acquisition of the Dictionary.com, Thesaurus.com…

Industry Moves: Arts Alliance’s Valkin Is Endemol’s New Digital Head - 0 Comments
Posted By Robert Andrews - Fri 04 Jul 2008 02:31 AM PST

Adam Valkin, a partner in Arts Alliance and an online media veteran, is leaving the VC house after nine years to join Endemol as its global head of digital media…

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Gannett Buying Out Rest Of ShopLocal From Tribune and McClatchy - 0 Comments
Posted By Rafat Ali - Thu 03 Jul 2008 05:32 PM PST

Gannett (NYSE: GCI), which has a big budget to do digital M&As, is buying out the rest of local sales info site ShopLocal, from the other partners Tribune and McClatchy…

Industry Moves: Verisign CEO Roper Resigns; Bidzos Is Interim Head - 0 Comments
Posted By Rafat Ali - Thu 03 Jul 2008 05:27 PM PST

Verisign, which has pared down the company over the last year, has seen another CEO change: William Roper, who had been president and CEO for a bit more than a…

The Death of Newspaper…Analysts - 0 Comments
Posted By Rafat Ali - Thu 03 Jul 2008 11:11 AM PST

An interesting story by Robert MacMillan on the slow death of, well, newspaper industry stock analysts, amidst the doom and gloom scenario of the industry they are covering. And why…

Weather Channel Sale Could Be Announced Soon - 0 Comments
Posted By Rafat Ali - Thu 03 Jul 2008 10:50 AM PST

The Weather Channel sale announcement could come in the next couple of days, as the consortium of NBC Universal (NYSE: GE), Blackstone Group LP and Bain Capital close the deal…

Gaming Site GameDuell Scores $17.45 Million For Expansion - 0 Comments
Posted By Robert Andrews - Thu 03 Jul 2008 06:59 AM PST

Berlin- and San Francisco-based online casual gaming platform GameDuell has received an €11 million ($17.45 million) second-round investment from Wellington Partners with the cash due to be used for international…

Viacom-YouTube Case: Google Doesn’t Have To Reveal Innermost Secrets - 1 Comment
Posted By Robert Andrews - Thu 03 Jul 2008 01:50 AM PST

Viacom’s (NYSE: VIA) $1 billion YouTube copyright suit may have gone quiet in recent months, but it picked up again on Tuesday when Google (NSDQ: GOOG) was handed two partial…

Hearst Business Media And IDG Buy Chinese Tech Site EE365 - 0 Comments
Posted By Rafat Ali - Wed 02 Jul 2008 04:29 PM PST

Hearst Business Media, the B2B media arm of Hearst, has jointly bought out a Chinese electronics infomation site EE365.cn, along with its local publishing partner Publishing House of Electronic Industry…

LA Times Cuts 250 Jobs; 150 Cuts in Editorial Include Online - 1 Comment
Posted By Rafat Ali - Wed 02 Jul 2008 03:14 PM PST

The most troubled big newspaper in U.S. is cutting off 250 jobs, including an unprecedented 150 positions in editorial, to bring its expenses down in line with declining revenues.The Los…

Industry Moves: Skype; AOL; NBCU - 0 Comments
Posted By Amanda Natividad - Wed 02 Jul 2008 09:50 AM PST

-- Skype: Skype has tapped former Motorola exec Scott Durchslag as its COO, a new post reporting to recently appointed president Josh Silverman. Durchslag brings 20 years of experience from…

Broadband Content Bits: Whedon’s Web Series; HDNet’s Concert Series; PopTok Launch; Bayreuth Opera - 0 Comments
Posted By Amanda Natividad - Wed 02 Jul 2008 09:10 AM PST

-- Joss Whedon to launch vanishing web series: The Buffy, the Vampire Slayer and Angel mastermind is set to release his writers’ strike-inspired web series, Dr. Horrible’s Sing-Along Blog, but…

Digital Won’t Halt Music Downfall, Radiohead Go Free Again - 0 Comments
Posted By Robert Andrews - Wed 02 Jul 2008 07:41 AM PST

The growing importance of online and mobile won’t stop music spending’s decline over the next few years, according to an eMarketer survey of published forecasts. The research aggregator says online/mobile’s…

Indian Online Ad Network Ozone Media Gets $4 Million Funding - 0 Comments
Posted By Rafat Ali - Wed 02 Jul 2008 05:55 AM PST

Bangalore, India-based online advertising network Ozone Media Solutions Pvt Ltd has received its first round of funding from IDG Ventures India. Kiran Gopinath, founder and CEO of Ozone Media confirmed…

DOJ Reviewing Yahoo-Google Ad Deal, Will Consult Rivals: Report - 0 Comments
Posted By Robert Andrews - Wed 02 Jul 2008 02:33 AM PST

They gave the Department Of Justice three and a half months to review their ad deal - and it’s now doing just that in earnest. An unnamed source tells Washington…

Cisco Forms $60 Million Russian Tech Investment Fund - 0 Comments
Posted By Robert Andrews - Wed 02 Jul 2008 12:55 AM PST

With Russia’s internet scene really starting to hot up, and the former Soviet republics also showing a good degree of web promise, Cisco (NSDQ: CSCO) has teamed with Russia’s Almaz…

July 4th Holiday: Updating Site For Breaking News; Newsletter Resumes Monday - 0 Comments
Posted By Amanda Natividad - Wed 02 Jul 2008 12:00 AM PST

Because even we take vacations too… Due to the July 4th weekend, we’ll be taking a short break starting today, July 2, until Sunday evening, July 6. We will still,…

Court Denies Akamai’s Request For Permanent Injunction Against Limelight - 0 Comments
Posted By Rafat Ali - Tue 01 Jul 2008 10:59 PM PST

The fight in the CDN space continues: In a mixed verdict for Limelight Networks (NSDQ: LLNW), the U.S. District Court in Massachusetts refused to issue a permanent injunction against it…

Microsoft-Yahoo: No Real End In Sight—To The Scheming, That Is; Latest Has MSFT Seeking Help - 0 Comments
Posted By Staci D. Kramer - Tue 01 Jul 2008 09:21 PM PST

The latest variation on the Microsoft-Yahoo theme comes courtesy of the Wall Street Journal, which is reporting that Microsoft (NSDQ: MSFT) is looking for lab partners in some kind of…

Informa Confirms Tentative Bid From 3 PE Players; Values Company At $6.8 Billion - 0 Comments
Posted By Rafat Ali - Tue 01 Jul 2008 06:55 PM PST

Informa, the UK-based B2B giant which recently broke merger talked with United Business Media (LSE: UBM), has confirmed that it received a tentative big approach from a private equity consortium…

Blockbuster Abandons Its Circuit City Quest - 0 Comments
Posted By Rafat Ali - Tue 01 Jul 2008 05:09 PM PST

In this year of non-deals and terminated deals, this is not a surprise, considering how foolish the bid was in the first place: Blockbuster (NYSE: BBI) has abandoned its offer…

Ottaway Papers Say News Corp Has Taken Chain Off The Market - 0 Comments
Posted By Staci D. Kramer - Tue 01 Jul 2008 04:41 PM PST

News Corp is no longer trying to sell Ottaway Newspapers ... E&P reports that Marianne Stanton, editor and publisher of Ottaway’s Nantucket newspapers, told her staff Tuesday afternoon that “we’re…

Giant Interactive Invests $51 Million in Chinese Social Networking Site 51.com - 0 Comments
Posted By Pearl Research - Tue 01 Jul 2008 04:39 PM PST

Chinese online games publisher Giant Interactive (NYSE: GA) is acquiring about 25 percent stake in Five One Network Development (51.com), a Chinese online social networking service provider, for approximately $51…

DISH And AT&T Done; Agreement Terminates At End Of The Year - 0 Comments
Posted By Joseph Weisenthal - Tue 01 Jul 2008 02:38 PM PST

As anticipated, AT&T (NYSE: T) will not renew its resale agreement with DISH at the end of the year, according to a regulatory filing made by the satellite operator this…