Summary:

Today on the Net: The Weinstein Brothers were unable to buy back Miramax from Disney, Vevo’s traffic has grown 62 percent since launch and My Damn Channel has unveiled a lineup of 10 new channels, three of which will debut this summer

Disney Sells Miramax for $660 Million; the deal ends a laborious six-month bidding process in which the founders of the independent film label, the brothers Harvey and Bob Weinstein, fell short in their attempt to regain control. (NY Times)

Vevo Traffic Has Grown 62 Percent Since Launch; the online music video site says it attracted 62 percent more monthly viewers in the United States than it did at the start. (VentureBeat)

My Damn Channel Ramps Up New Programming; the web video entertainment hub is in the midst of rolling out an aggressive new programming slate buoyed by ten custom channels, including three set to debut this summer. (MediaWeek)

Bloomberg is Now Using Taboola’s Video Recommendations; Bloomberg.com is now incorporating videos throughout its site from Taboola, the video recommendations engine. (VideoNuze)

5min CEO: No ROI in Producing Videos for Just One Destination; Ran Harnevo says that without a syndication strategy, there is no direct ROI around video for content producers. (Beet.TV)

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