Countries

WSJ Plans Closer Ties With London Times; May Offer Business Tools - 0 Comments
Posted By Robert Andrews - Wed 07 May 2008 05:04 AM PST

News Corp (NYSE: NWS) is planning closer integration between its new Wall Street Journal website and its existing News International publications in the UK. Times Online EIC Anne Spackman told…

Despite Being Rebuffed By TNS, WPP Continues To Hold On; Higher Offer Expected - 0 Comments
Posted By David Kaplan - Tue 06 May 2008 08:27 AM PST

Although WPP Group’s $1.9 billion offer to acquire audience researcher Taylor Nelson Sofres was rejected over the the weekend, the UK ad holding firm is still pressing the TNS’ board…

Earnings: Alibaba.com Q1 Revs Up 53 Percent; Sees Pressure On Global Trade - 0 Comments
Posted By Joseph Weisenthal - Tue 06 May 2008 04:25 AM PST

Alibaba.com, the Chinese B2B marketplace and a key puzzle piece in valuing Yahoo (NSDQ: YHOO), announced Q1 revs of RMB680.1 million ($97.3 million) for 53.2 percent growth over last year.…

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Audience Measurement Firm TNS Rejects WPP’s $1.9 Billion Offer - 0 Comments
Posted By David Kaplan - Mon 05 May 2008 06:07 AM PST

Audience measurement firm Taylor Nelson Sofres has rejected WPP Group’s $1.9 billion (£1 billion) offer as “opportunistic” and undervaluing the company, telegraph.co.uk reported. TNS has been trying to merge with…

UK Stories Bubbling Up: Times Online; Friends Reunited; LinkedIn Europe; Coldplay vs Radiohead - 0 Comments
Posted By Rafat Ali - Thu 01 May 2008 09:50 AM PST

Some interesting UK stories in the last 24 hours: -- Times Online Looks To Leverage US Audience With WSJ Cross-Selling Ad Opps -- Friends Reunited Drops Subs For Ad-Funded Model;…

Majority Sharehholder Infogrames Buys Rest of Atari For $11 Million - 0 Comments
Posted By Rafat Ali - Wed 30 Apr 2008 08:33 PM PST

Not that this is a surprise: Atari’s biggest shareholder Infogrames, the French video games company, has bought the struggling company after its non-binding offer earlier in March. The cost for…

Softbank Buys Stake in Chinese Internet Firm Oak; Could Go Up To $385 Million - 0 Comments
Posted By Rafat Ali - Wed 30 Apr 2008 07:58 AM PST

The Japanese teleco and online firm Softbank has bought about 14 percent of Chinese online holding firm Oak Pacific Interactive (OPI), with the intent of increasing the stake to 40…

Social Gamer Akoha Raises C$1.9 Million From Angels - 0 Comments
Posted By Joseph Weisenthal - Tue 29 Apr 2008 11:16 AM PST

Akoha, a developer of online and offline social games has raised C$1.9 (US$1.86) million from a long list of Canadian angel investors. The full list of investors, which includes the…

Lycos Europe Puts Itself Up For Sale; Revenues Continue Decreasing - 0 Comments
Posted By Rafat Ali - Tue 29 Apr 2008 06:05 AM PST

Not that anyone cares about it, but Lycos Europe, the independent Euroepan portal, has put itself up for sale, and has appointed Dresdner Kleinwort as its advisor. Its reasoning and…

UBM Quits UK For Ireland Via Jersey To Escape High Taxes - 0 Comments
Posted By Robert Andrews - Mon 28 Apr 2008 02:27 PM PST

B2B publisher and event organiser United Business Media (LSE: UBM) (UBM), parent of CMP, is quitting the UK for Ireland in a move designed to reduce its tax burden. As…

Earnings: Sohu Q1 Revs up 156 Percent; Stock Spikes - 0 Comments
Posted By Joseph Weisenthal - Mon 28 Apr 2008 07:14 AM PST

Baidu (NSDQ: BIDU) last week, and now Sohu (NSDQ: SOHU), it’s a good time to be a Chinese internet firm: the provider of search, games and mobile services reported Q1…

Chinese Video Site Tudou Receives Another Big Round of $57 Million - 1 Comment
Posted By Rafat Ali - Mon 28 Apr 2008 12:44 AM PST

The Chinese online video site Tudou, which has a huge repository of illegal versions of Hollywood and TV content (check Sidereel.com: half of the TV show links lead to Tudou…

Earnings: Baidu Q1 Revs More Than Double; Income Up 71.5 Percent - 0 Comments
Posted By Joseph Weisenthal - Fri 25 Apr 2008 09:59 AM PST

Chinese search engine Baidu (NSDQ: BIDU) reported Q1 revenue of $81.9 million, a 108.4 percent increase over the year-ago quarter. Net income growth was up on a similar trajectory, gaining…

Gamer SCI Raises $119 Million From Warner Bros., Property Investor Tchenguiz - 0 Comments
Posted By Joseph Weisenthal - Fri 25 Apr 2008 09:06 AM PST

Turns out that earlier reports of London-traded game developer SCi selling a major chunk to NBCU were false: Instead, the company has announced a $119 million (£60 million) raise from…

Earnings: UK’s C4 New Media Losses Grow; “Privatize C4” - 0 Comments
Posted By Robert Andrews - Wed 23 Apr 2008 10:49 AM PST

From paidContent:UK: In UK, the alternative public broadcaster Channel 4’s new media losses grew from £6 million to £15.4 million in 2007, as the broadcaster swung to its first ever…

Chinese Firm The9 Invests $38 Million in Korean Firm G10 Entertainment - 1 Comment
Posted By Pearl Research - Wed 23 Apr 2008 07:55 AM PST

The smaller number invests in the bigger number: The9 (Nasdaq: NCTY), an online game operator in China, has made an equity investment in G10 Entertainment, a game developer in Korea.…

Korean Social Gamer Nurien Software Raises $15 Million First Round - 0 Comments
Posted By Joseph Weisenthal - Tue 22 Apr 2008 11:19 AM PST

Nurien Software, a social gaming service based in Korea, has raised a $15 million first round from Northern Light Venture Capital (NLVC), Globespan Capital Partners, New Enterprise Associates (NEA), and…

It’s Official: Brauchli Out At WSJ; Insists ‘Code Of Conduct’ Protecting Paper Has Been Enforced - 1 Comment
Posted By Staci D. Kramer - Tue 22 Apr 2008 10:52 AM PST

Marcus Brauchli has resigned as managing editor of the Wall Street Journal, as expected following last night’s reports . The company sent out the announcement following a meeting between members…

Sony BMG Joins Nokia’s Comes With Music Program - 0 Comments
Posted By Robert Andrews - Tue 22 Apr 2008 04:19 AM PST

Sony (NYSE: SNE) BMG is the second record label to join Nokia’s (NYSE: NOK) Comes With Music pre-bundled music initiative. At a London joint press conference, the pair said Nokia…

Woulda Coulda Shoulda: Sony Working on PS3 Movie Download Service - 0 Comments
Posted By Rafat Ali - Mon 21 Apr 2008 12:40 PM PST

By now, I have lost count on the number of times Sony (NYSE: SNE) has started working for movie/video download services for either Playstation or PSP, and has launched some…

Video News Site Mediascrape Raises $3.16 Million - 1 Comment
Posted By Joseph Weisenthal - Mon 21 Apr 2008 12:37 PM PST

Mediascrape, a site that aggregates news video, has raised C$3.2 million (US$3.16 million) from unidentified investors. The Montreal-based company aggregates video from a variety of sources, including BBC and CBC,…

French Supermarket Giant Carrefour Plans Movie Download Store - 0 Comments
Posted By Robert Andrews - Mon 21 Apr 2008 12:08 PM PST

Latest to launch a movie download store - and the latest amongst the supermarkets to try their hand - is France’s Carrefour. The world’s second largest retail group after Wal-Mart…

UK Music Biz Got $11 Million PRS Royalties From Digital In Q1 - 0 Comments
Posted By Robert Andrews - Mon 21 Apr 2008 12:06 PM PST

From our sister site paidContent:UK: Musicians got only five percent of their performance royalties from online and mobile in the first three months of the year in UK. The Performing…

WPP Takes Stake In HDT Ad Firm To Buy Further In To China - 0 Comments
Posted By Robert Andrews - Mon 21 Apr 2008 03:51 AM PST

Adding yet another overseas string to its bow, advertising group WPP’s WPP Digital division is buying a minority stake in Chinese rich media ad delivery outfit HDT Holdings Technologies. HDT…

Nokia Denies Paying Universal Music Group High Fees For Comes With Music - 0 Comments
Posted By Staci D. Kramer - Fri 18 Apr 2008 11:02 AM PST

Nokia (NYSE: NOK) is denying reports—including ours—of a deal to pay Universal Music Group $33-35 per handset for access to its music on the handset maker’s upcoming Comes With Music.…