Money & Power — GigaOM

Money & Power

YouTube today announced it will share ad revenue with makes of popular one-off viral videos, a sensible move that we’ve urged the site to do in the past. Videos that are detected as accumulating a large number of views quickly will be added, with their creator’s … Read More »

Vid-Biz: GGF, Avatar, Boxee

Global Gaming Factory X Chairman Resigns; Magnus Bergman submitted resignation on Friday, follows the departure of other board member Johan Sällström and adviser Wayne Rosso, and comes after trading of GGFX’s stock was halted. (The Local) James Cameron to Promote Panasonic 3D TVs; … Read More »

 
 

Vid-Biz: Pirate Bay, YouTube, iPhone

Trading of Stock in Pirate Bay Bidder Halted; regulators question whether Global Gaming X has the money to complete the transaction; CEO of Peerialism, which was also to be acquired by GGX, says it has not received any money from the company. (CNET) How YouTube’s Content … Read More »

Chinese video site 56.com launched an initiative yesterday that allows video uploaders to charge viewers for access to content. The site set up kankan.56.com where people can upload and set their own prices. 56.com will take a 10 percent cut of sales, with the remaining … Read More »

Vid-Biz: Comcast, Boxee, Mo Rocca

Comcast Prepping Big Media Buy? Investors concerned the company is hoarding cash for an acquisition in the same vein as its 2004 attempt to purchase Disney. (Reuters) Q&A With Boxee Investors; Bijan Sabet and Neil Sequeira discuss why they put money into the company (and talk … Read More »

Open-source media center Boxee announced this morning that it has raised $6 million in a Series B round of funding led by General Catalyst Partners with participation by prior investors Spark Capital and Union Square Ventures. This brings the total amount Boxee has raised to … Read More »

Ustream has picked up another $2 million in funding, according to an SEC filing first reported by Contentinople. The funding adds onto an $11.1 million Series A round the Mountain View, Calif.-based company took last year, said spokesperson Shari Foldes. “Due to … Read More »

Vid-Biz: Roku, DISH, Paul Abdul

Roku Raised an Additional $13.4 Million; SEC documents show the set-top box maker received the funds from Menlo Ventures over two rounds. (Contentinople) DISH Network Profits Down 81 Percent; TiVo litigation costs and rising expenses to blame for poor second quarter, though the company did add … Read More »

Broadcast Networks Cut Upfront Ad Prices; estimates peg the decline at 15 to 20 percent off last year, dipping to $7.5 billion, a dollar figure not seen since 2001. (The LA Times) TiVo Gets Rovi’s Data; DVR service will get access to Rovi’s metadata, which includes … Read More »

Magnify.net Raises $500K; new funding comes from previous investors, brings total amount raised to less than $3 million. (paidContent) Two Execs Leave Tremor Media; co-founder and Chief Operating Officer Andrew Reis and co-founder and Chief Strategy Officer Jesse Chenard depart the video ad network to pursue … Read More »

YouTube today announced it will now include videos from paying advertisers alongside relevant recommended content on video-watching pages. The tweak brings the site’s AdWords-like tool for contextual video ads on search results pages (which launched last fall) to other parts of the site. It … Read More »

“The Pool,” the industry consortium taking a long view on online video ad formats, has filled in a notable gap in its lineup by signing up the largest video-sharing site, YouTube, reports MediaWeek. The Pool, which was formed by Publicis Groupe’s VivaKi around the start … Read More »

More Must Reads

Sony’s Q2 Sales and Operating Revenue Down 19.2%; sales of Bravia LCD TVs dropped 27 percent; company blamed poor quarter on bad global economy and appreciation of the yen. (The Wrap) JK Wedding Video Boosts Chris Brown Record Sales; direct link to buy his song “Forever” … Read More »

Akamai’s disappointing second-quarter results prompted Citi Investment Research analyst Mark Mahaney to award the company a “Big Red Flag” this morning. Mahaney noted that it’s the first time in at least five years that the content delivery network missed the low end of its … Read More »

Extreme Reach Raises More Than $3M; company allows advertising across TV, mobile and broadband using one platform. (paidContent) Xbox Getting Twitter and Facebook Before X-mas; social apps will be added separately rather than as part of a broader update. (Eurogamer) Chuck Adds Web Video to Prop … Read More »

Alcatel-Lucent Acquires Velocix; terms of the deal not disclosed, according to Dan Rayburn, the company was acquired for its technology and not its revenue. (The Business of Online Video) Viacom Q2 Profit Drops 32 percent; ad revenue still down for cable nets (though it picked up … Read More »

YouTube today announced it is conducting a trial with video ad startup FreeWheel through which publishers can serve their own ads directly into YouTube. The announcement is significant because YouTube rarely acknowledges tech partners, preferring to build things itself when it can. What’s … Read More »

Citi Investment Research’s Mark Mahaney said today he’d been convinced that online video companies like YouTube can become profitable because infrastructure prices have come down dramatically. After holding a call with RampRate, the IT services analysts who’d recently declared that YouTube’s costs were vastly … Read More »

Wireless chipmaker Quantenna announced today that it has added to its Series C round with new investor Swisscom, a Swiss telecom provider. The amount wasn’t officially disclosed, but it appears to be roughly $2 million, given that today’s press announcement says the company has raised … Read More »

Redbox Signs Sony to $460 Million Distribution Agreement; five-year deal has the studio providing DVDs to the kiosk rental company, the first such studio deal for Redbox. (Video Business) Soapbox R.I.P.; Microsoft decides to just kill off its UGC video site. (paidContent) Facebook Served 1B Video … Read More »

Webcam chat subscription service Paltalk has bought out its investor Softbank Capital Partners, which had purchased 20 percent of the company for $6 million in 2004. The buyout was enabled by Paltalk’s ongoing profitability, founder and CEO Jason Katz told NewTeeVee Tuesday. Katz even paid … Read More »

Microsoft Meeting with Netflix; in light of partnerships and close ties, would the Redmond giant be a better buyer than Amazon? (All Things D) Generate Adds $2M to Series A; video production and talent management firm has now raised $8 million in round from Fuse … Read More »

Want Doritos to run your ad in the Super Bowl? Want to have the “Best Job in the World“? In some cases your video-making skillz may just win you a contest. On the flip side, want to inspire passion about your product? Want your … Read More »

Shares of Netflix have risen as much as 7.6 percent today on rumors that Amazon might buy the DVD — and increasingly web — rental giant. At last check, shares were changing hands for $42.17 after $40. We haven’t seen any detail as to where these … Read More »

QuickPlay Media today announced it raised a $12 million investment, led by GMP Securities and including previous investors General Catalyst Partners, JLA Ventures and Ventures West. Toronto-based QuickPlay powers the Wi-Fi video download service for ABC, CBS and NBC and other content on BlackBerrys (see … Read More »

Brightcove Manages News Corp.’s Latin America Hulu-like Site; company oversees 800+ hours of premium Spanish and Portuguese content for Mundo Fox online (why didn’t Fox have Hulu do it?). (Contentinople) Elsewhere in the world of white-label video, Delve Networks Released its Self-Service Platform; companies can … Read More »

Nexage Raises $4 Million; service says it can make mobile video and ad uploads easier; pulls in $4 million of an anticipated $4.5 million of funding in the form of preferred stock. (VentureBeat) Cinetic Curates FilmBuff; new VOD channel will feature 10-15 new and classic indie … Read More »

Best Buy and TiVo Hook Up; retailer to heavily promote the DVR maker and bring TiVo tech to Best Buy’s Insignia line of devices; TiVo to develop version of its box that lets Best Buy advertise its products directly to the TV. (The New York … Read More »

YouTube came to Los Angeles this week to seek out content partners, pitching them its 3-month-old redesign for premium content. “This was a big strategy change for us, one of the most significant ones to date,” said Jordan Hoffner, the site’s director of content … Read More »

Study: DTV Switch to Boost Pay TV Subscriptions; analysis from Wells Fargo Securities says cable will get 475,000 new subs, satellite will get 137,000 and telcos will get 41,000. (MediaWeek) Thomson Reuters Acquires Streamlogics; terms of the deal not disclosed; Streamlogics provides webcasting-based services to enterprise, … Read More »

NTT DOCOMO said tonight it has paid $45.5 million in cash for a 35 percent stake in mobile video company PacketVideo, a subsidiary of NextWave Wireless. The two companies have worked together for more than 10 years, with PacketVideo’s pvPlayer installed on more than 90 … Read More »

Sling Founder Headed to DirecTV? Satellite company reportedly has reached out to Blake Krikorian to succeed Chase Carey as CEO. (paidContent) The NewsMarket to Acquire MediaLink; NewsMarket will acquire all oustanding shares of MediaLink’s common stock for 20 cents per share in cash; move will combine … Read More »

You’d think before you announce a sale that alienates many of your most passionate users you’d figure out what your next steps were first. But no, that wouldn’t be The Pirate Bay way. Swedish software company Global Gaming Factory X (GGF) said yesterday it’s … Read More »

YouTube Launches Call-to-Action Overlays; Promoted Videos can now feature links that take traffic off the video site. (YouTube Biz Blog) Will TV Get an App Store Moment? The pieces are in place, but there is no clear winner yet, though Microsoft, Apple and Nintendo have the … Read More »

Over the past year, YouTube has made a concerted effort to embrace premium content like TV shows to attract ad revenue. But according to a new report from Screen Digest analyst Arash Amel, the video-sharing giant faces an uphill battle as the Hollywood networks and … Read More »

Brightcove CEO Says Company is Profitable, Cash-Flow Positive; Jeremy Allaire credits the revenue growth, in part, to traction in the enterprise and government verticals. (Business Insider) What’s Going on With Move Networks? After keeping quiet for a couple of months, company plans to shift strategy to … Read More »

Nokeena Networks said today it has raised $6.5 million in funding in a round led by Mayfield Fund that’s intended to supplement the startup’s marketing and sales efforts. Nokeena makes an appliance called the Media Flow Director that takes a server-side approach to ensuring … Read More »

RapidShare Fined $34M; German court orders file-hosting service to filter content in ruling on lawsuit by music publishing group. (TorrentFreak) Rich Media Ads with Video “Overwhelmingly” Outperform Other Formats; Google’s DoubleClick conducted study that found purchase intent dramatically increased by video. (MediaPost) Qualcomm Flo to … Read More »

thisMoment Raises $3 Million; service lets users combine their photos and videos with other publisher-licensed content to create shareable “moments.” (Digital Media Wire) Mail.com Acquires Nikki Finke’s Deadline Hollywood Blog; terms not disclosed, Finke’s blog to expand and is looking to hire a senior journalist in … Read More »

Veodia, a live-streaming service for enterprises, announced today that it has acquired screencasting compay ScreenToaster. Terms of the deal were not disclosed. ScreenToaster offers a free, browser-based screen capture service that allows users to record screen activity and audio without additional software or plug-in … Read More »

Spiffy slideshow creation platform Animoto has raised $4.4 million in Series B funding in a round led by Madrona Venture Group and including SoftTech VC, Bruce Livingstone and Amazon. That brings the company’s total funding to $9.5 million, including a Series A of $500,000 $5 … Read More »

DirecTV to Provide Local Ads; satellite co. using INVIDI software; advertisers can dynamically target by household, street, political district and more; ads are pushed out to and stored on set-top boxes and then served when they are supposed to run. (MediaWeek) Fred Commands “Seven Figures” … Read More »

Online network and VOD content provider Ripe Digital Entertainment is reportedly closing down and trying to sell its assets. Deadline Hollywood Daily broke the story, which paidContent subsequently confirmed with its sources. Founded in 2004, Ripe Digital was focused on creating entertainment for … Read More »

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