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- WPP and Nielsen swap assets
- WPP is selling its 50% stake in TV measurement firm, AGBNielsen Media Research, to venture partner Nielsen. The deal will give Nielsen full ownership of AGBNielsen. In exchange WPP will acquire Nielsen's advertising analytics firm, SRDS, and campaign organiser, PERQ/HCI. The UK ad giant will also acquire Nielsen's 11%...
- Articles 2008-11-13
- Telefonica plans global Android roll-out
- Telefonica, the international mobile operator that owns O2, is preparing to launch Android-based phones across the world next year, O2 UK's CEO, Ronan Dunne, tells StrategyEye. The firm is in talks with Motorola and HTC to produce the handsets, which will probably go on sale in Q3. ...
- Articles 2008-11-20
- YouTube to sell games and music in Europe
- YouTube will start selling games and music in Europe "soon", Google's director of video partnerships in EMEA, Patrick Walker, tells StrategyEye. YouTube introduced 'click-to-buy' links below music and games clips in the US last month, in partnership with EMI, Universal and Electronic Arts, and is now working to expand...
- Articles 2008-11-21
- Yahoo! offloads Kelkoo
- Yahoo! is selling price-comparison site Kelkoo to UK private equity firm Jamplant, Kelkoo founder Pierre Chappaz says in a blog post. Chappaz would not reveal the value of the transaction but insiders quoted by TechCrunch say Jamplant is paying slightly less than EUR100m (USD125.8m) for Kelkoo. ...
- Articles 2008-11-24
- Google uses Akamai for YouTube Live - Rumour
- Google used Akamai's content delivery network CDN to stream the first live YouTube show last week, reports TechCrunch. Google launched YouTube Live on November 22, with a concert that attracted 863,000 online viewers worldwide. The online giant has yet to announce a technology partner for the service, but server...
- Articles 2008-11-24
- Telefonica and Vivendi set to bid for Digital Plus - Rumour
- Telefonica and Vivendi are are joining forces to bid for Prisa's Digital Plus in an attempt to ease competition concerns, reports the Financial Times citing "people close to process". The Spanish telco and the French media conglomerate have held talks about a joint approach, but have yet to submit...
- Articles 2008-11-24
- Oi- Brazil Telecom deal gets go ahead
- The acquisition of Brasil Telecom by rival Oi can go ahead, after the Brazilian president changed the country's telecoms rules to clear the way for the deal. President Luiz Inacio Lula da Silva has signed a decree allowing a single firm to hold licences in more than one region,...
- Articles 2008-11-24
- Facebook to revamp classifieds service - Rumour
- Facebook is set to re-launch its struggling classified advertising service in partnership with a third-party listings site, reports TechCrunch quoting unnamed sources. The social network has reportedly sent proposals to several classified ad sites, with some sources suggesting it has picked Oodle as its partner. A revamped version of...
- Articles 2008-11-25
- Movies.com sale nets Disney USD14m
- Disney gained USD14m from the June sale of Movies.com to online ticket service Fandango, a filing shows. Fandango, the online tickets retailer owned by Comcast, bought the domain from Disney earlier this year, without disclosing how much it paid. In its annual tax filing with the Security Exchange Commission...
- Articles 2008-11-25
- Google inks search deal with Russian site
- Google is expanding its presence in Russia with a deal to provide its search engine on popular social network Odnoklassniki.ru. The arrangement will see the firms share advertising revenue and will bring Google between USD1.5m and USD2m next year, according to Russian daily Komersant. Odnoklassniki's president Nikita Sherman confirms...
- Articles 2008-11-25
- iLike looks for buyers - Rumour
- Social music site iLike is trying to sell itself and is soliciting bids from RealNetworks and Ticketmaster, reports AllThingsDigital quoting unnamed sources. The media blog adds iLike is also considering raising venture capital as an alternative to a sale. iLike...
- Articles 2008-11-25
- Berlusconi buys into troubled Premiere
- Fininvest, the family investment vehicle of media tycoon Silvio Berlusconi, is buying a 3.1% stake in Premiere, the loss-making German satellite operator 25.1% owned by News Corp. News of the purchase temporarily sent Premiere's shares up 32.2% on speculation that Fininvest may take over the firm. However, the Italian...
- Articles 2008-11-26
- Icahn raises Yahoo! stake
- Billionaire investor Carl Icahn is building up his stake in Yahoo! by acquiring around USD67.2m worth of shares in the struggling internet giant. The investment, which increases Icahn's 5% holding by around 0.5%, comes after Yahoo!'s stock hit a one-year low last week amid investor concerns about the firm's...
- Articles 2008-11-27
- DeAgostini sets out digital expansion plan
- Italian media conglomerate, DeAgostini, plans to invest EUR200m (USD257.8m) in acquisitions to expand its digital and TV production businesses. The group is restructuring its TV content units to create a new firm, called Zodiak Entertainment, which will expand aggressively into the new media through acquisitions. ...
- Articles 2008-11-27
- Vodafone eyes mergers in Europe
- Vodafone is considering limited mergers with rival operators in Europe, says the firm's CEO Vittorio Colao quoted by the Financial Times. The strategy, which Colao describes as "in-market consolidation", will probably see Vodafone merge some of its European units with local operators. However, the exec would not be drawn...
- Articles 2008-11-27
- MSN expands financial coverage
- Microsoft's MSN is expanding its coverage of personal finance in partnership with UK asset management firm, Hargreaves Lansdown. The one-year agreement will see Hargraves provide MSN Money readers with analysis on topics including funds, pensions, share trading and currencies. "In...
- Articles 2008-11-27
- Telenor seeks funding for Unitech deal
- Telenor is seeking alternative financing for its acquisition of a majority stake in India's Unitech Wireless, after investors opposed a planned NOK12bn (USD1.7bn) rights issue aimed at financing the deal. The Nordic mobile operator has hired Deutsche Bank to evaluate alternative ways of financing the purchase, but says a...
- Articles 2008-11-27
- Axel buys into Turkish media giant
- Axel Springer is tapping into the fast-growing Turkish market with a deal to acquire a stake in the country's largest media group, Dogan Yayin. Axel is buying a stake of around 9% in Dogan for EUR47m (USD60.5m). The deal builds on an existing relationship, which sees the German firm...
- Articles 2008-11-28
- IBM buys virtualisation firm, Transitive
- IBM is buying virtualisation specialist Transitive for an undisclosed sum. Transitive develops cross-platform virtualisation technology and holds 48 global patents. The firm's technology is designed to allow applications to run on multiple operating systems and microprocessors with minimal modification. The...
- Articles 2008-11-19
- Publicis buys digital agency in Brazil
- Publicis Groupe is strengthening its foothold in South America with the acquisition of Brazilian digital ad firm, Tribal. The agency will become part of Digitas, the digital marketing firm that Publicis bought for USD1.3bn in early 2007. "Brazil is poised...
- Articles 2008-11-19
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