Channel - Asia | paidContent.org

Samsung Looking At Buying Digital Memory Company SanDisk - 0 Comments
Posted By Rafat Ali - Thu 04 Sep 2008 11:00 PM PST

Samsung Electronics is considering buying U.S. PC and mobile memory card maker SanDisk, according to a Korean online report (*Google* translation of the story here), and then later confirmed by…

E-Paper Provider Pressmart Raises $6 Million Funding - 0 Comments
Posted By VCCircle - Thu 04 Sep 2008 08:54 AM PST

Hyderabad, India-based Pressmart Media, a print-to-digital delivery service for newspaper company, from raising $6 million in its first round of funding from Draper Fisher Jurvetson and NEA IndoUS Ventures. The…

Microsoft and Others To Take Stake in Japanese Broadcaster NHK; Streaming Online As Well - 0 Comments
Posted By Rafat Ali - Wed 03 Sep 2008 09:57 PM PST

Microsoft (NSDQ: MSFT), NTT and Itochu Corp, together with 10 other companies are taking a stake in Japan’s first 24-hour English-language broadcasting service, which local public broadcaster NHK which is…

Holiday Catchup Wire: Chines Olympics Traffic; Webisodes; PerezHilton.com; Zwinky-IAC; ClubPenguin - 1 Comment
Posted By Rafat Ali - Sun 31 Aug 2008 07:49 PM PST

Some stories for this long holiday weekend in U.S.: -- Chinese online traffic exceeds U.S. websites during Olympics: So says WebTrends, citing its own analytics. To be expected, if only…

Industry Moves: Digitas’ Prescott Joins New WPP Digital Production Unit As CEO - 0 Comments
Posted By David Kaplan - Thu 28 Aug 2008 07:53 AM PST

Former Digitas exec Neal Prescott has been named CEO of WPP Digital’s new production services unit, Deliver. The new unit will tie together production services in Asia, Eastern Europe, Latin…

Facebook Penetration Still Weak In Asia; Malaysians Overwhelmingly Choose Friendster - 1 Comment
Posted By David Kaplan - Wed 27 Aug 2008 01:09 PM PST

With ad agencies like WPP Group increasingly focused on Asia, Nicholas Guan, a social media researcher at the ad holding company’s OgilvyOne unit, decided to look at the prospects for…

Earnings: Alibaba.com Net Income Soars, But Sees ‘Economic Winter’ - 0 Comments
Posted By Joseph Weisenthal - Wed 27 Aug 2008 08:02 AM PST

Alibaba.com, the Chinese B2B marketplace, in which Yahoo (NSDQ: YHOO) holds direct and indirect stakes, said revenue for the first half of ‘08 jumped 47.8 percent to RMB 1.45 billion…

Carat’s Still Bullish On Online Ad Spend, But Total Forecast Revised Slightly Downward - 0 Comments
Posted By David Kaplan - Wed 27 Aug 2008 07:13 AM PST

While many other forecasters have been backtracking a bit on expectations for online ad spend growth this year, UK media shop Carat upped its forecast very slightly today. Back in…

Japanese Social Net Mixi Sees US Markets In Its Future, Eventually - 0 Comments
Posted By Joseph Weisenthal - Wed 27 Aug 2008 06:41 AM PST

Top US social nets Facebook and MySpace haven’t been able to capture the top spot in Japan, where publicly traded Mixi reigns supreme. Mixi itself, however, may be looking to…

Chinese Deals Trade Site Zero2IPO Raises $60 Million - 0 Comments
Posted By Rafat Ali - Tue 26 Aug 2008 08:13 PM PST

Zero2IPO, an online financial info services provider on the China VC and PE markets, has raised a big $60 million round from a total of 46 different investors, according to…

Facebook Shuts Down Most Scrabulous Access; Blames Complaint By Mattel - 0 Comments
Posted By Staci D. Kramer - Mon 25 Aug 2008 07:28 PM PST

For the last few weeks, Facebook users outside the U.S. and Canada could do the superior dance between rounds of Scrabulous. Access to Scrabulous, the Scrabble knockoff developed by Indian…

Indian Online DVD Rental Service Seventymm Raises $12 Million In Third Round - 0 Comments
Posted By Rafat Ali - Thu 21 Aug 2008 09:47 AM PST

The funding activity in India in digital media is picking up fast: Bangalore-based online DVD rental company Seventymm has received $12.5 million (Rs 50 crore) from NEA Indo US Ventures.…

Reliance (Still) Scouting For Mobile Content Acquisitions In U.S.; How About Yahoo? - 1 Comment
Posted By Rafat Ali - Tue 19 Aug 2008 10:17 PM PST

Reliance ADA, the scary-big Indian telecom/media/energy giant which is already making strides in Hollywood through its Dreamworks deal, has been looking for mobile content deals in U.S. for some time…

Earnings: XFMedia Q2 Revs Up 69 Percent; Net Income 22 Percent - 1 Comment
Posted By Joseph Weisenthal - Mon 18 Aug 2008 01:13 PM PST

Chinese advertising and media firm Xinhua Financial Media (NSDQ: XFML) reported Q2 revenue of $48.9 million, up 69 percent over $29 million in the year-ago quarter. Adjusted net income grew…

True Games Interactive Sells Majority Stake To India’s UTV - 1 Comment
Posted By Rafat Ali - Mon 18 Aug 2008 08:49 AM PST

True Games Interactive, an Orange Country, CA-based online multiplayer game developer, has sold an 80 percent majority stake to Indian media conglomerate UTV Software Communications… The acquisition has been done…

Earnings: China’s Focus Media Q2 Internet Ad Rev Up 201 Percent; Mobile ‘Push’ Ads Dropped; COO Out - 2 Comments
Posted By Staci D. Kramer - Sun 17 Aug 2008 07:54 PM PST

Internet advertising is increasing in terms of overall relevance at China’s Focus Media (NSDQ: FMCN). The Shanghai-based multi-platform digital media company—its main business is out-of-home advertising—reported $76.1 million of its…

Earnings: NetEase’s Q2 Profits Grow; Bump on Olympics - 0 Comments
Posted By Rafat Ali - Thu 14 Aug 2008 06:43 AM PST

NetEase.com, one of the big Chinese online portals, reported its Q2 earnings today, and the growth came ahead of analyst views. NetEase earned 438.2 million RMB ($63.9 million) compared with…

eBay Negotiating Minority Stake in South Korea’s GMarket - 0 Comments
Posted By Joseph Weisenthal - Wed 13 Aug 2008 02:25 PM PST

eBay (NSDQ: EBAY) is in talks to acquire a minority stake in GMarket, a South Korean online auctioneer. The talks are with Interpark Corp., the Korean portal that owns 37…

Opening Day: NBCOlympics.com 70M Pageviews, With No Opening Ceremony Vid; BBC’s 700K Online Streams - 66 Comments
Posted By Rafat Ali - Sat 09 Aug 2008 10:53 AM PST

Update: Because people are asking this in the comments thread below: The DVD of the opening ceremony is now for sale...can be ordered here. Original post: NBC Universal (NYSE: GE)…

Chinese Video Portal Video Portal LeTV Gets $7.7 Million Funding - 0 Comments
Posted By Rafat Ali - Thu 07 Aug 2008 10:06 AM PST

The funding for Chinese online video sites just keep on coming: Beijing-based online video portal LeTV.com has received a first round investment of about $7.7 million, led by Shenzhen Capital…

Earnings: Sina Q2 Revs Up 52 Percent; Net Income Spikes; Guides Up - 0 Comments
Posted By Joseph Weisenthal - Wed 06 Aug 2008 06:52 PM PST

Another bang-up quarter from a major Chinese internet name… Sina.com reported Q2 revenue of $91.3 million, up 53 percent year-over-year, and ahead of company estimates of $88-$90 million. Adjusted net…

Ultizen Gets $6 Million Second Round For Game Development; Will Fund Acquisitions - 0 Comments
Posted By Joseph Weisenthal - Wed 06 Aug 2008 02:55 PM PST

Ultizen, a Shanghai and LA-based provider of videogame development outsourcing services, has raised a $6 million second round led by PAC-LINK (Taiwan), along with Japan Asia Investment and CyberAgent. The…

Chinese Internet Holding Firm Koolanoo Gets $25 Million Funding - 0 Comments
Posted By Rafat Ali - Wed 06 Aug 2008 08:29 AM PST

Chinese online media holding firm Koolanoo Group has received a biggish $25 million in its third round of funding, even as it announced a planned IPO on the Hong Kong…

Google’s Music Search in China Goes Live; Working With Music Labels; Invests in Top100 - 0 Comments
Posted By Rafat Ali - Tue 05 Aug 2008 05:32 PM PST

Google (NSDQ: GOOG) has launched its free music search engine in China, in a sector which has seen its fair share of controversies. The users can search for songs by…

Friendster Closes $20 Million Round; Focuses On Asia Now; New CEO - 3 Comments
Posted By Rafat Ali - Mon 04 Aug 2008 10:26 PM PST

Friendster has closed its new round of funding, in progress for most of this year, and it is a big one: it has raised $20 million in a new round,…