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- Scripps Networks Profits Rise 14 Percent, As Shopping Sites Struggle
- A day after Scripps Networks Interactive (NYSE: SNI) confirmed its $975 million deal to acquire 65 percent stake in the Travel Channel from Cox Communications, the cable network said profits rose 14 percent to $65.3 million as total revenue remained flat as the recession dragged on. The Cincinnati-based owner...
- External links 2009-11-06
- Sony Unveils New 'Reader Digital Books'?Pocket, Touch and Now, 3G Wireless
- [In progress] Sony (NYSE: SNE) is ramping up its challenge to Amazon’s Kindle with two versions of its eReader: two new Reader Digital Books, which it unveiled at a press conference at the main branch of the New York Public Library. The choice of venue was, in part meant...
- External links 2009-08-25
- Interview: About.com's Cella Irvine On The Site's New Ad-Sales Approach
- If Cella Irvine had her way, she probably would have picked a different year to take over the CEO seat at the About Group. Like most media properties, About.com has been hit by a declining display market and a disastrous economy. About’s string of healthy revenue growth has, in...
- External links 2009-08-25
- AT&T Gets Readies Its 3G Network For Sony eBooks Device
- The big news Sony’s press conference for its new line of eReaders was the deal with AT&T (NYSE: T) to provide its 3G wireless connection to the Daily Edition, Sony’s first wireless reader. Neither Sony (NYSE: SNE) nor AT&T would say what the revenue split is. But it’s probably...
- External links 2009-08-25
- Tremor Media Adds On To Third Round With Investment From SAP Ventures
- Barely six months after it raised an $18 million third round, video ad provider Tremor Media has secured additional funding, the company announced. The amount wasn’t specified, though it’s probably a good deal less than what Tremor received from Meritch Capital Partners, Canaan Partners, Masthead Venture Partners and European...
- External links 2009-08-25
- CBS Interactive's Smith: Authentication's Not Around The Corner
- The concept of “TV Everywhere” won’t reach critical mass until perhaps 2014 and even that date is uncertain, said CBS Interactive (NYSE: CBS) CEO Quincy Smith, speaking on the B&C/Multichannel News’ sponsored TV Everywhere and Anywhere panel at the Paley Center. The main problems preventing wider adoption of cable...
- External links 2009-08-18
- DRM Provider Intertrust's Patent Push Sparks Added Concerns Among Rivals
- DRM provider Intertrust has had a tough enough time making inroads into the U.S. market with its promises to guard content providers’ content from piracy. On top of the marketing issues—aside from the resentment DRM provokes from consumers, many digital device manufacturers are reluctant to spend additional capital on...
- External links 2009-08-26
- Illinois Real Estate Exec Takes Minor Stake In New Republic
- What is it with Illinois real estate magnates and their penchant for investing in money-losing publications? Michael Alter, the president of his family’s commercial real estate business has taken a 12 percent stake in liberal-leaning political mag The New Republic, Chicago Tribune reported via Romenesko. This is not Alter’s...
- External links 2009-08-26
- Earnings: TiVo Q2 Loss Edges Slightly Higher; Fires Lawsuit At AT&T and Verizon
- TiVo’s net income loss was slightly higher in Q2, widening to $2.93 million ($0.03 per share) from $2.91 last year. Revenues also dipped, falling to $57.3 million from $65.2 million in Q208. Not great news by any stretch, but the DVR company did beat analysts estimates who expected a...
- External links 2009-08-26
- Google Opens AdSense To Ad Nets For The First Time
- Trying to find a way to bring more ad dollars to its AdSense members amid slowing revenue growth, Google (NSDQ: GOOG) is opening up its system to ad networks for the first time. In a letter sent around to members tonight, Google told members they’ll soon be able to...
- External links 2009-08-27
- Monster.com Founder Sees A Healthy Future In Death Listings
- This is a tough time for jobs sites. And, for that matter, the economy has constrained advertisers from spending on the health content market. So with that in mind, last fall, Monster.com founder and former CEO Jeff Taylor created a spinoff from his healthy living site Eons.com aimed at...
- External links 2009-08-24
- Canadian Local Searcher Canpages To Acquire GigPark
- Canadian local search site Canpages is acquiring GigPark, a social media directory that relies on friends sharing and recommending information about a business or service with other users they’re connected with. Terms were not disclosed. The purchase comes barely two weeks after Vancouver-based Canpages announced its acquisition of PhoneGuide,...
- External links 2009-08-24
- F+W Media Sells Fantasy Sports Holdings To Fanball
- Fantasy sports network Fanball is buying up several of F+ W Publications’ athletics related online and offline properties, which include contest and content sites. Terms of the deal were not disclosed. F+W, which publishes a range of enthusiast magazine titles and books, is handing over National Fantasy Football Championship...
- External links 2009-08-18
- To Promote The Fall Season, CBS Introduces Video Magazine Insert
- After a sluggish TV Upfront season, CBS (NYSE: CBS) is hoping to generate some excitement around its fall season by promoting its shows with a special magazine insert that plays video clips, the network announced at a morning press conference. CBS partnered with Omnicom shop OMD’s Ignition Factory to...
- External links 2009-08-19
- Cox Restructures Media Group, Merges Newspapers, TV, Radio
- Cox Media Group, which was the product of a reorg by parent Cox Enterprises to bring its newspaper, TV, radio and digital properties closer together last December, is now eliminating the remaining operational divisions and putting all those units within a single group. The brands will still operate independently,...
- External links 2009-08-19
- Baidu Hopes New Ad System Will Give Quick Lift To Revenues, Image
- Thanks to the relative growth of China’s economy, the country’s dominant search-engine company Baidu (NSDQ: BIDU) hasn’t been hurting in terms of revenue and profits the last few quarters. But that doesn’t mean everything has been going smoothly for Baidu, the WSJ says. The company, which has 62 percent...
- External links 2009-08-20
- Tribune Memo: No Liquidation, But Ownership Structure 'Likely To Change'
- The bankrupt Tribune Company’s assets will not be liquidated, COO Randy Michaels said in a memo via Romensko, but he did appear to confirm speculation that the media company’s “ownership structure is likely to change.” While he didn’t mention CEO and Chairman Sam Zell by name, speculation has been...
- External links 2009-08-20
- MySpace Memo: Media Link Will Refocus Ad Strategy On 'Day-To-Day Basis'
- MySpace CEO Owen Van Natta’s memo outlining the relationship with ad and marketing consultancy Media Link is out and MediaMemo’s Peter Kafka has it here. As Van Natta says, the company needs to find the right balance between content and commerce. Media Link, which is headed by ad vet...
- External links 2009-08-20
- Court Rules Yahoo Launchcast Doesn't Have Pay Higher Royalty Fees
- A Manhattan appeals court has deemed Yahoo Launchcast music service doesn’t have enough playlist personalization to threaten music sales, saving Yahoo (NSDQ: YHOO) millions in royalty payments to Sony’s stable of record labels, AP reported. In a suit brought against Launchcast before it was bought Yahoo in 2001, Sony...
- External links 2009-08-21
- Slate Ends Print News Summaries; Will Offer Thrice-Daily Recaps Instead
- Slate magazine has retired one of the earliest news aggregators, as its daily print news summary Today’s Papers is making way for The Slatest. The Washington Post (NYSE: WPO) Company-owned online mag’s editor David Plotz tells the NYT that news moves a lot faster these days than it did...
- External links 2009-08-24
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