PaidContent
The Economics of the Internet
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Inside Word: In Defense Of Ads In Twitter
Inside Word is a weekly feature that looks at compelling industry debates and discussions unfolding on the blogs of employees at digital-media companies. Blogger: Mark Suster Position: Partner, GRP Partners Blog name: Both Sides Of The Table, which features startup advice Backstory: No one knows …
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Netflix Wants 50 Percent Discount Under Release Delay Scenario
studios have put the screws to Redbox and Netflix (NSDQ: NFLX) in order to get them to take new releases at a later date. Redbox has sued all the big studiosbut Netflix is taking a different tack. During the companys most recent earnings call, Netflix CEO Reed Hastings said acknowledged the impact t …
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paidContent Quick Hits 11.6.09
Ancestry.com shares jumped five percent on their first day of trading, although theyre down a tad today. [Associated Press] Yahoo settles a trademark infringement lawsuit with cosmetics giant Mary Kay. [Bloomberg] Om Malik sorts through the winners and losers in the Skype settlement. …
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Updated: EBay Confirms Deal With Skype Cofounders; They Get 14 Percent Stake In Spinoff
expected, eBay (NSDQ: EBAY) announced a deal today between the Skype investor group and Joltid, the owner of the code that runs Skype. Joltid and Skype cofounders Niklas Zennström and Janus Friis will get 14 percent of the new Skype in exchange for granting Skype ownership of the software previously …
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DailyCandy's Sheinbaum Gets Funding For His New Startup
Project, a stealth startup led by former DailyCandy CEO Pete Sheinbaum has raised $500,000, according to an SEC filing. PEHub says the backer is the Foundry Group, which declined to comment. Sheinbaum oversaw the $125 million sale of DailyCandy to Comcast (NSDQ: CMCSA) Interactive in August 2008; he …
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Twitter Upgrades Its Search Engine
months of saying that improvements were coming to its search engine, Twitter has announced a critical upgrade. In a blog post, Twitter says it has started an experiment that will show higher quality results for trend queries by returning tweets that are more useful. No details on how that will be de …
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Scripps Networks Profits Rise 14 Percent, Travel Channel Deal 'Worst Kept Secret In M&A History'
at Scripps Networks Interactive (NYSE: SNI) rose 14 percent to $65.3 million in the third quarter, while total revenue were flat. The Cincinnati-based owner of cable TV networks Food Network and HGTV, said that the revenues in the Lifestyle segment, which includes those channels website ad sales, wa …
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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-b …
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Brody Rejoins AOL To Head Paid Services In Finance Re-Org; Gilt CEO Lyne Added To Post-Spin Board
Brody is re-joining AOL (NYSE: TWX) as EVP of paid services, leaving his role as founder and CEO of ARPUinc. Hell be picking up where he left off in his former role at AOL as SVP of the companys Premium Services unitwhile there, he developed several new paid services and an API-driven billing system …
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EBay Confirms Deal With Skype Cofounders; They Get 14 Percent Stake In Spinoff
As expected, eBay announced a deal today between the Skype investor group and Joltid, the owner of the code that runs Skype. Joltid and Skype cofounders Niklas Zennström and Janus Friis will get 14 percent of the new Skype in exchange for granting Skype ownership of the software previously licensed …
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Glam Face-Off, Round Three: French Site Warns Glam Media Off
we heard of the latest product launch from Frances vertical publisher and social network business Glam Oneowner of the Glam trademark in Francewe wondered whether it would be a problem for US ad network Glam Media, which is planning to launch in France next year. Glam Media told us: non, it wont hi …
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BlueBeat's Claim That It Owns The Beatles Falls On Deaf Ears
got to marvel at BlueBeats chutzpah. The music site that quickly attracted an EMI lawsuit this week for selling Beatles tracks for $0.25-a-pop, even though The Fab Four hasnt yet authorised online sale, has indeed now been ordered by an LA judge to stop selling those songs and others. But only after …
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UBM Will Cut Magazines To Expand Multimedia B2B
Business Media (LSE: UBM) is planning to reduce the number of print titles it publishes as part of plans that will make magazines merely a complementary part of an expanded multimedia B2B strategy. In an interim management statement for the year to October, the company says that, in the medium term …
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Cyworld Shutting Down U.S. Service; So Much For $110 Million Earmark
the Korean social giant that could, finally couldnt. At least not in U.S. It is shutting down its U.S. service, after three years of trying, according to a notice on its site. It will shut down in entirety on Nov 23. The service, owned by SK Telecom (NYSE: SKM), the biggest telecom firm there, enter …
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Redbox In Q3: More Kiosks, More Revenue
rental service Redboxs revenues were up 90 percent in Q3, to $198.1 million, though the LAT notes that the growth is starting to slow. That could be why the companywhich is known for its $1-per-night rentalshas been testing $2 rentals for new releases in some cities (via Video Business). The extra …
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The Associated Press Offers Platform To Publishers For Building Mobile Apps
Associated Press said today it will start helping publishers build mobile apps for a wide variety for platforms, including Android, BlackBerry, iPhone, Nokia (NYSE: NOK), Palm (NSDQ: PALM) Pre and Windows Mobile. The white-label solution was developed by Verve Wireless, which built the AP Mobile pla …
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Guardian News And Media Laying Off Six Employees In U.S.
America, the U.S. arm of Guardian News and Media (of which were a separate division), is laying off six production/edit employees, we have learned and confirmed. Most of them are in Guardians Washington DC office, and have been given three months notice. None of the U.S. correspondents are affected …
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Guardian News And Media Laying Off Seven Employees In U.S.
America, the U.S. arm of Guardian News and Media (of which were a separate division), is laying off seven production/edit employees, we have learned and confirmed. Most of them are in Guardians Washington DC office, and have been given three months notice. None of the U.S. correspondents are affecte …
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Sirius XM Adds Subscribers; Expects A Better 2010
XM Radio (NSDQ: SIRI), which has taken a hit over the last year due to the fall in car sales, has a bullish outlook for 2010. In reporting its earnings Thursday, the satellite radio company said it expected its revenue to grow in the mid- to high-single digits next year and to also see full-year sub …
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The Knot's Profits Drop 64 Percent; Local Rev Gains Offset By National Reclines
site The Knot saw profits fall about 64 percent to $771 million last year, as debt and other expenses dragged earnings down. But the marriage business isnt completely on the rocks, as The Knots net revenues were up 4 percent; merchandising dollars grew 30 percent. Nationally, online advertising decl …
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