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financial



Hi-Media Grabs Fotolog For $90M

Written on
August 28th 2007
Author
Editor

It has been reported that Paris-based Hi-Media is acquiring New York-based company Fotolog for $90 million. The payout will be by a combination of cash and stocks. Hi-Media is an interactive media company. This deal will make Hi-Media one of the biggest pure-play online companies in all of Europe as they [...] more...

MySpace Garage Sale

Written on
August 28th 2007
Author
Editor

MySpace is a breeding ground for many different types of relationships and self promotion, however until now the social network has never allowed member to member commerce, arguing that this will interfere with the site’s own advertising. The idea to lift this ban has finally come to fruition with talks of [...] more...

South Park Creators Land Ad Deal

Written on
August 27th 2007
Author
Editor

On Friday, South Park creators and kings of Comedy Central, Trey Parker and Matt Stone signed a deal that would give the network and the show’s creators a 50/50 split in ad revenue and millions of dollars in up-front cash to create a platform that will provide South Park material [...] more...

FinancialContent Gears Service Towards Media Companies

Written on
May 8th 2006
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Editor

Business and financial data company FinancialContent has launched a new service geared towards ad-supported media companies like radio stations, TV stations, and newspapers that are gradually moving online. The new service called Studio 5M (M for Media) lets media websites integrate financial content. Companies that use Studio 5M are then [...] more...

24/7 Real Media Reports Q1 Profits Up

Written on
May 4th 2006
Author
Editor

24/7 Real Media, Inc. announced its first quarter profits yesterday with a revenue increase of $42.9 million and an increase of 48 percent over the comparable period in 2005. The company also demonstrated a pro forma operating income of $0.07 per share compared with $0.03 per share in the [...] more...

AOL Opens Investment Blog Network

Written on
April 28th 2006
Author
Editor

AOL announced yesterday the launch of a new blog network that will be dedicated to individual stocks. The blogs will offer breaking news, original analysis and commentary as well as information on industry trends on the most watched and widely held companies. AOL is working with Webblogs, Inc. [...] more...



Spotlight

Turn VP: Ad Network Shakeout “Inevitable”ADOTAS EXCLUSIVE – Turn bills itself as the world’s first Smart Market for online advertising. Turn’s VP of product and [...] more...


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