Companies

Comcast Acquiring Social Networker Plaxo - 0 Comments
Posted By Joseph Weisenthal - Wed 14 May 2008 03:33 PM PST

Comcast (NSDQ: CMCSA) has acquired social networker Plaxo. Terms of the deal weren’t disclosed in a Plaxo blog post announcing the news, but both TechCrunch and Reuters put the price…

BREAKING: Icahn To Launch Proxy Fight, Nominate Full Yahoo Board Slate: Report - 0 Comments
Posted By Joseph Weisenthal - Wed 14 May 2008 02:02 PM PST

Carl Icahn has decided to fight a proxy battle with Yahoo and file a full board slate, Reuters is reporting, citing sources. The names could be announced as soon as…

Thomson Reuters Plans ‘Immediate Reduction In Headcount’ - 0 Comments
Posted By Robert Andrews - Wed 14 May 2008 04:09 PM PST

Exactly a year after the merger was confirmed, Thomson Reuters (NASDAQ: TRIN) is all-set to confirm the detail of some major job losses, as part of the “synergies” hinted at…

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@ CBS Upfront: A Symphony Of Radio, Outdoor, Digital, And, Oh Right, TV - 0 Comments
Posted By David Kaplan - Wed 14 May 2008 01:38 PM PST

I’m seated on in a second-tier balcony at Carnegie Hall, a location that CBS Corp. President/CEO Les Moonves references as metaphor for “the orchestra of media offerings” the company is…

MocoNews Review With Video: AT&T’s MediaFLO Is Best Chance For Mobile TV To Take Off - 0 Comments
Posted By Tricia Duryee - Wed 14 May 2008 11:31 AM PST

The just-launched AT&T (NYSE: T) Mobile TV service is so good I watched the two-hour long 1982 comedy The Toy, featuring Richard Pryor without even really realizing it. In retrospect,…

Industry Moves: Peter Horan Leaving IAC To Be CEO, Goodmail Systems - 2 Comments
Posted By Staci D. Kramer - Wed 14 May 2008 11:27 AM PST

paidContent has confirmed that Peter Horan is leaving IAC, where he is CEO of IAC Media & Advertising, to become CEO of Goodmail Systems. Reached by phone, Horan told me…

Facebook Agonistes: Advertisers, Adults, Developers Pulling Back; Banking On Global - 0 Comments
Posted By David Kaplan - Wed 14 May 2008 10:28 AM PST

While it looked as if Facebook might have rebounded quickly from its Beacon debacle last fall, Fortune contends the revolution is steadily losing steam. The site grew 12-fold since opening…

Icahn Watch: Yahoo Shareholders Wait For The Next Move - 0 Comments
Posted By Joseph Weisenthal - Wed 14 May 2008 10:08 AM PST

What are Yahoo shareholders doing today? They’re hitting reload on their browsers every second looking for some word on what Carl Icahn plans to do with his reported 50 million-share…

IAC Spins: ‘New IAC’ Gets The Looks, The Smarts And The Cash; Spins Get Debt - 0 Comments
Posted By Joseph Weisenthal - Wed 14 May 2008 06:49 AM PST

As many have expected, New IAC (NSDQ: IACI) will have a healthy balance sheet, with plenty of cash, while it looks like the spins will be shackled with debt. Yesterday’s…

Turner Upfront: We’ve Got Contextual Ads! For TV! - 0 Comments
Posted By David Kaplan - Wed 14 May 2008 06:05 AM PST

Not all the networks were skimping on their presentations to advertisers this week. David Levy, president of Turner Broadcasting Sales and Turner Sports, kicked off the Time Warner (NYSE: TWX)…

Earnings: Sony Quarterly Revs Down 6.5 Percent; Games Revs Fall But Higher Profits Seen - 0 Comments
Posted By Joseph Weisenthal - Wed 14 May 2008 04:15 AM PST

Another characteristically all-over-the-map earnings announcement from Sony (NYSE: SNE), which reported quarterly revenue of $19.5 billion, a decline of 6.5 percent. Operating loss narrowed to $47 million and net income,…

CNET’s Proxy Fight Update: Court Upholds Jana’s Right To Nominate Board - 0 Comments
Posted By Rafat Ali - Tue 13 May 2008 04:01 PM PST

CNET (NSDQ: CNET) Networks, whose proxy fight with the consortium led by Jana Partners has been quiet for the last few weeks, is now in overdrive again: the Supreme Court…

IAC Details The Spincos; Agreement With Liberty - 0 Comments
Posted By Joseph Weisenthal - Tue 13 May 2008 03:02 PM PST

As stated in the joint announcement IAC (NSDQ: IACI) has filed a long 10-12B document detailing the spin off of four of its subsidiaires. Starting on page 221, the company…

Liberty And IAC Resolve Dispute: History In Links - 0 Comments
Posted By Amanda Natividad - Tue 13 May 2008 02:26 PM PST

Liberty Media (NSDQ: LINTA) and IAC (NSDQ: IACI) have officially settled their differences; Liberty agreed to drop its appeal as long as it is guaranteed representation on the boards of…

@ ABC Upfront: Kimmel: ‘ABC Is The Worst Date Ever’; Research Take Center Stage - 0 Comments
Posted By David Kaplan - Tue 13 May 2008 02:05 PM PST

I’m seated in a makeshift press room on the second floor of ABC’s corporate headquarters, as the audience of marketers and media buyers gather a few blocks away at Avery…

Diller, Malone Dispute Resolved; IAC Spinoffs Can Go Forward; ‘Now It’s Really Over’ - 0 Comments
Posted By Staci D. Kramer - Tue 13 May 2008 01:55 PM PST

Liberty Media (NSDQ: LINTA) and IAC have settled their highly publicized differences, the two companies announced in a joint statement within the past few minutes. Liberty is dropping its appeal…

Updated: Icahn May Launch Yahoo Proxy Fight: Reports - 0 Comments
Posted By Joseph Weisenthal - Tue 13 May 2008 11:36 AM PST

This would certainly shatter the uneasy calm at Yahoo: CNBC is reporting that billionaire investor/gadfly Carl Icahn may launch a proxy fight at Yahoo (NSDQ: YHOO), and according to their…

Industry Moves: WSJ; The Knot; Westwood One; Live Gamer - 0 Comments
Posted By Amanda Natividad - Tue 13 May 2008 09:25 AM PST

-- The Wall Street Journal Digital: Sarabjit “Ruby” Walia has been named the network’s CTO, effective immediately. Walia will be responsible for directing all aspects of technology, ensuring functionality of…

Ad Industry Roundup: DVRs; Online Ad Prices; Starcom MediaVest; Platform-A - 0 Comments
Posted By David Kaplan - Tue 13 May 2008 06:55 AM PST

-- DVR viewers watch online ads, but don’t pay attention: Google-owned DoubleClick’s research arm, Performics, recently completed a survey of DVR owners that acknowledges wide ad-skipping. But the study makes…

More Details on HBO-iTunes: DVD Window; New Series Not Available; $2.99 Higher Pricing - 0 Comments
Posted By Rafat Ali - Tue 13 May 2008 05:52 AM PST

We wrote yesterday about HBO’s plans to offer shows through Apple (NSDQ: AAPL) iTunes. The companies have now officially announced the details and some other unofficial ones: -- In another…

10-Q Watch: RealNetworks Lays Out Risks Of Rhapsody America - 0 Comments
Posted By Staci D. Kramer - Tue 13 May 2008 05:28 AM PST

RealNetworks’ (NSDQ: RNWK) 10-Q for the quarter ended March 31 should be required reading for anyone going into a complex JV or the online music business. Line by line, it…

Barry Diller: Curiosity As Business Plan - 1 Comment
Posted By Staci D. Kramer - Tue 13 May 2008 05:18 AM PST

Portfolio dishes up yet another in-depth, not-so-deep look at IAC (NSDQ: IACI) chairman and CEO Barry Diller, the man, the myth ... you know the drill. Read the article for…

10-Q Watch: Scripps May Be Solving Some Of Shopzilla’s Problems - 0 Comments
Posted By Staci D. Kramer - Mon 12 May 2008 11:06 PM PST

On the verge of splitting into two publicly traded companies, E.W. Scripps (NYSE: SSP) suggests it may be solving some of the problems with Shopzilla. From the 10-Q filed Monday:…

Broadband Content Bits: Microsoft; Oprah-XM; Complex Media; Few Get Their TV Online: Poll - 0 Comments
Posted By Amanda Natividad - Mon 12 May 2008 09:04 PM PST

-- Microsoft (NSDQ: MSFT) launches video on Messenger Users will now be able to watch video clips with their network of friends while chatting via Windows Live Messenger, reports Reuters.…

@ NBC Upfront Video: Conan O’Brien Takes The Stage - 1 Comment
Posted By David Kaplan - Mon 12 May 2008 05:45 PM PST

Conan O’Brien took the stage to introduce the NBC Upfront and reminisce about how times have changed over the course of his 15-year tenure with the company, including his looking…