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Google Launches New Revenue Push on YouTube
ADOTAS – Video-sharing site YouTube is going to start selling music and video games – and tweak its ad format – in an attempt to grow revenue, the company reports. YouTube users will now be able to purchase digital treats from iTunes and Amazon (video viewers will be given the option [...] more...
And The Results Are In
DM CONFIDENTIAL — A few weeks ago we talked about how the beginning of July marks one of several important dates for those who track financial performance, and this past week, the public companies in our sector report their second quarter numbers. Hearing how public companies do, especially those with [...] more...
Amazon Beats Apple, Rhapsody for MySpace Music?
ADOTAS – It looks like Amazon has won a bidding war with Apple and Rhapsody to power MySpace Music’s ecommerce transactions. According to a report on TechCrunch, the deal hasn’t been set in stone, but it’s most likely good to go. MySpace Music is set to launch in September. MySpace Music [...] more...
YouTube Goes to Hollywood
ADOTAS – Is YouTube’s frosty relationship with Hollywood about to thaw? Perhaps: YouTube is kicking off its diplomatic push by bringing its game to TiVo beginning today. TiVo will offer (the roughly 20% of its 3.8 million subscribers with the right equipment) the option of streaming YouTube videos onto their TVs [...] more...
Summer Camp in Idaho for Tech Titans
ADOTAS – It’s that time of year again – in the dog days of summer, the coolest tech and media mavens retreat for their version of summer camp. (The press has limited access to the fun, automatically increasing the fun for everyone else). Financier Herb Allen hosts the five-day annual gathering [...] more...
Wikipedia’s Financial Future Debated
Scroll the list of the 10 most popular websites in the U.S., and you’ll encounter the Internet’s richest corporate players — names like Yahoo, Amazon.com, News Corp., Microsoft and Google. Except for No. 7: Wikipedia. And there lies a delicate situation. With 2 million articles in English alone, the Internet encyclopedia “anyone [...] more...
Amazon Leads Gains In Morning Trade
Amazon.com announced before the opening bell that the board of directors has approved the repurchase of $1 billion in common shares over the next two years, according to MarketWatch. This will replace the $500 million buyback deal authorized last May. The firm will also repurchase $1.1 billion in outstanding debt. The [...] more...
Amazon Buys Audible For $300M
Today Amazon.com announced that it has reached an agreement with Audible Inc. to acquire the provider of digital audiobooks for $11.50 a share which values the firm at about $300 million. This includes Audible’s cash and short-term investments according to Reuters. Audible has over 80,000 programs; audiobooks from many popular authors [...] more...
Warner And Amazon Make Beautiful Music Together
In an interesting turn of events, Warner Music Group has signed a deal with Amazon’s DRM-free music service. Music downloads from Warner will be exclusively available through Amazon, according to the release; however the MP3s will be able to play on any player. The label has been looking to somehow meet [...] more...
AOL Chooses Amazon for Sales
AOL on Friday scrapped its year-old pay-for-download service in favor of Web retailer Amazon.com Inc.’s technology for selling movies and TV shows online. Financial terms of the deal were not available, but Amazon said it will share revenue with AOL. “It’s really about focus,” said Fred McIntyre, senior vice president of AOL [...] more...
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Spotlight
HipCricket: SMS Is Still the Wave of the FutureADOTAS EXCLUSIVE — HipCricket, a mobile marketing company, has been changing the way advertisers think about reaching their audiences since [...] more...
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