Countries

Softbank and Alibaba.com Create $20 Million Joint Venture in Japan - 0 Comments
Posted By Pearl Research - Thu 15 May 2008 09:07 AM PST

Alibaba.com and Softbank today announced formation of a joint venture company called Alibaba.com Japan. The total investment will be $20 million with Softbank accounting for 65 percent of the investment…

Earnings: Vivendi Q1 Profits Fall 5.6 Percent; Universal Music Digital Up 33 Percent - 0 Comments
Posted By David Kaplan - Wed 14 May 2008 08:16 PM PST

Entertainment and telecom conglomerate Vivendi (EPA: VIV) said its Q1 EBITA dropped 5.6 percent to $1.86 billion (€1.203 billion) from $1.91 billion last year. Although not exactly an indication of…

Earnings: Sina Q1 Revs Up 39 Percent; Net Income Up 87 Percent; Stock Spikes After Hours - 0 Comments
Posted By Joseph Weisenthal - Wed 14 May 2008 05:18 PM PST

The Chinese internet stocks have all killed it this quarter: Sina (NSDQ: SINA) reported Q1 revenue of $71.3 million, up 39 percent year-over-year, and comfortably ahead of a previous forecast…

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Lycos Europe To US: Don’t Worry About The Numbers, Just Buy Us - 0 Comments
Posted By Robert Andrews - Wed 14 May 2008 04:11 AM PST

Lycos Europe, which last month put itself up for sale after failing to offer a compelling website for several years, is hoping a US company will make an offer. In…

Earnings: UK’s Johnston Takes Big Investment To Off-Set Ad Declines, Debt - 0 Comments
Posted By Robert Andrews - Wed 14 May 2008 01:49 AM PST

Debt-ridden UK regional news publisher Johnston Press is buying (or rather, selling) itself a financial lifeline in the struggling regional classifieds market by taking a £212.3 ($414 million) investment from…

TNS To WPP: What Part Of No Don’t You Understand? - 0 Comments
Posted By David Kaplan - Tue 13 May 2008 03:26 PM PST

Despite increasing its bid to $1.938 billion (£996 million) from $1.844 billion (£948 million), WPP Group has been rejected a second time by audience measurement firm Taylor Nelson Sofres, The…

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…

Earnings: XFMedia Q1 Revs Up 120 Percent; Acquisitions Provide Lift; Blames Deep Loss On SarbOx - 0 Comments
Posted By Joseph Weisenthal - Mon 12 May 2008 06:32 PM PST

Some volatile numbers at Chinese media and advertising company Xinua Financial Media, which reported Q1 revenue of $36.7 million, for a 120 percent year-over-year increase. But on the bottom line,…

Blinkx Rises And Falls On Mystical Google-News Corp Acquisition Chatter - 1 Comment
Posted By Robert Andrews - Fri 09 May 2008 06:41 AM PST

Market speculation from an Investec analyst (via Bloomberg) that Google (NSDQ: GOOG) or News Corp (NYSE: NWS) may buy voice recognition-based video search index Blinkx did wonders for the company…

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.…

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.…