Money & Power — GigaOM

Money & Power

Motionbox, which has carved out a nice spot in the market for its paid personal video-sharing service, has raised $6 million in a Series C round led by Constellation Ventures and including Canaan Partners and SAS Investors. Alongside the round, the New York City-based company … Read More »

Yahoo Should Buy Hulu

Excerpted from GigaOM: New Yahoo CEO Carol Bartz is a solid, proven manager who will bring some much-needed stability to the beleaguered Internet giant, but she has a big hole in the No. 2 spot. Bartz needs a president who is young and energetic, has … Read More »

 
 

The Huffington Post has acquired IAC’s stake in 236.com, the comedy blog and video site it had co-launched with IAC in November 2007, according to a memo issued today. 23/6, which wasn’t much of a brand on its own, will now become HuffPo’s … Read More »

Surprise, surprise — it doesn’t seem like online content studios are going to fade out of existence anytime soon. That’s for one simple reason, and it’s not massive profit margins: they keep finding true believers to give them more money. Santa Monica-based Deca raised $10 million … Read More »

UPDATED paidContent is reporting that Sling Media co-founders Blake and Jason Krikorian, as well as Sling Media Entertainment Group President Jason Hirschhorn and Chief Creative Officer Ben White, are all leaving the company, just a little over a year after its acquisition by Echostar … Read More »

JibJab, the musical comedy video maker that’s branched out into customizable online greeting cards, has raised $7.5 million in Series C funding. Venice, Calif.-based JibJab has aggressively staked out a way to make money that goes beyond its regularly viral hit videos … Read More »

SpotMixer, the new online ad-creation arm of One True Media, has closed a $9 million Series B round, with funding from DAG Ventures, NTT Finance and previous investor Kleiner Perkins Caufield & Byers. The company had previously focused on personal video and slideshow … Read More »

SundaySky, an automated video services startup, announced this week that it has raised $8 million in a Series A round led by Carmel Ventures and Globespan Capital. SundaySky’s video platform creates a customized template for a company such as an e-commerce site to create videos. … Read More »

Video transcoding leader RipCode has raised $12.5 million in funding in a round led by Granite Ventures and including existing investors Hunt Ventures, El Dorado Ventures, Vesbridge Partners and ATA Ventures. Dallas-based RipCode sells video transcoding appliances, as well as services around them, for both video … Read More »

Over the past few years, the amount of time I’ve had to plop in front of the TV and channel-surf has decreased (there is a LOT of online video to watch, y’all). Even with my TiVo at the ready, I still only watch about two or … Read More »

Vid-Biz: Funny or Die, ESPN, VHS

Funny or Die Raises $3 Million(?); cash comes from undisclosed investor, though news reports unsure of whether this is a new round or part of the previous $15 million round. (Reuters) ESPN to Launch Interactive TV Apps Next Year; sports network to launch three iTV initiatives, … Read More »

Videos from Warner Music recording artists (Madonna, Metallica) are being removed from YouTube because of a breakdown in licensing negotiations between the two sides. There’s been some he said/she said as to who is at fault, with both sides issuing statements. AllThingsD reports that both … Read More »

More Must Reads

Image Metrics Raises $6.5 Million; Series B round for the company that makes really real-looking digital characters was led by Saffron Hill Ventures. (TechCrunch) Aspera Releases Aspera Console 1.0; management platform lets companies monitor, control and automate delivery of really big files using Aspera’s patent-pending fasp … Read More »

Overlay.tv, a company that layers additional information like graphics, ads and links over video, announced today that it secured $4.6 million in its second round of funding. The company says the money will be used to continue its UGC efforts and expand into more premium content … Read More »

Video codec company DivX has let go of 21 people, or roughly 10 percent of the company’s workforce in San Diego (though some of the cuts rook place globally as well), TechCrunch is reporting. A DivX spokesperson confirmed the layoffs with us via email saying … Read More »

Australian Man Charged for Uploading Baby Swinging Video; 60-year-old Chris Illingworth arrested after re-posting a viral video of a man swinging a baby around by the arms. (theage.com.au via BoingBoing) Moscow Venture Fund Puts $5M into Tvigle; venture capital fund managed by Allianz Rosno … Read More »

Listening to most executives talk is a hard thing to do for more than two minutes at a time. There’s so much verbal obfuscation it starts to resemble a game of how to use the most words to say the least, leading to achievements like … Read More »

Cramlington, UK-based Vizimo has acquired London-based TIOTI, an online video guide startup we covered way back in the first days of NewTeeVee. Read More »

In an effort to cut costs, Viacom announced today that it will be restructuring its organization, resulting in layoffs of 7 percent, or 850 positions that will be implemented across all divisions of the company, as well as suspending pay increases for senior management in … Read More »

Online Video Companies Raise $75 Million in the Past Two Months; despite economic gloom and doom, VCs still opening their wallets to entrants in this sector. (Streaming Media) Blip.tv Content Added to TiVo; subscribers to the DVR service will have access to the “top-peforming” shows on … Read More »

Google announced today that advertisers will be able to buy commercials on The Hallmark Channel and The Hallmark Movie Channel through the Google TV Ads service starting early next year. While the deal will give Google access to both networks’ national audiences, the announcement … Read More »

Israeli startup SportVU, which makes “automated ID and motion capture technology,” and was behind CNN’s sorta cool, mostly weird “beaming in” of its correspondents during Election Night coverage last month, was purchased by STATS. Read More »

Layoffs have become the dominant story as we near the end of 2008. After writing about the cold economic realities for companies that have had to cut staff, we wanted to find out what it was like for the people who are now unemployed. Just how … Read More »

ExtendMedia, which powers consumer video services for customers including media companies and consumer electronics makers, has raised $10 million in Series C funding. Read More »

The complicated world of wireless HD delivery just got a little more interesting today as Panasonic and Samsung both made a strategic investment in chipmaker SiBEAM. Read More »

Baofeng Gets $15 Million; Chinese video software company that is “like the Brightcove of China” gets funding round led by Matrix Partners China and IDG. (paidContent) The FeedRoom Acquires ClearStory; white label video provider completes acquisition of digital asset management firm. (emailed release) Will.I.Am Tops Truveo’s Most-Searched … Read More »

Thanksgiving is great for celebrating family and gluttony, but it’s also the last impediment between you and Black Friday, the day stores reel you in with low low LOW prices! But with the economy in the dumps, seems like everyone is making a prediction as to … Read More »

EMarketer released a report today saying that growth in online video ad spending will drop dramatically in the coming year climbing just 44.9 percent from $587 million in 2008 to $850 million in 2009. Read More »

Magnify.net Raises $750K; Innovation Ventures led this Series A1 round for the video publishing company. (Silicon Alley Insider) AT&T’s Viral Series Not So Viral; Lost in America stars iJustine, but is not attracting lots of eyeballs. (Advertising Age) Open-Source Movie Lets Fans in on the Action; … Read More »

Sezmi Secures $28 Million; influx of cash comes on the heels of the set-top box company laying off 20 percent of its staff. (peHUB) KickApps Raises More than $13 Million; white-label social networking site is working on Series C round. (peHUB) SAG Seeks to Authorize … Read More »

So often testing and tweaking a product once it’s released is a nice-to-have but not a need-to-have. Tel Aviv-based startup EyeView believes it can make the refinement process easy when it comes to online product demo videos. The company shoots and optimizes product demo videos … Read More »

CBS Drops Moblogic; network stops creating new episodes; host Lindsay Campbell is still under contract with CBS, but evaluating new opportunities. (Moblogic: MediaMemo; Campbell: Beet.TV) Netflix on Xbox Missing Sony Movies; omission not because of ill will between competing game console makers, rather Netflix didn’t … Read More »

Sonic Solutions, maker of the Roxio line of media applications and Qflix DVD-burning software, said today that has agreed to buy privately held online movie distributor CinemaNow. Read More »

Taboola, a video discovery startup that launched at NewTeeVee Live 2007, announced today it has raised $4.5 million in second-round funding from return backer Evergreen Venture Partners and angel investors. Read More »

Open-source social media center Boxee announced today that it has raised $4 million in its first round of funding from Union Square Ventures and Spark Capital, which split the round 50-50. Read More »

Silverlight 3 to Include h.264 Support; next version of Microsoft’s video player (due next year) will incorporate the high-quality video standard and will also include 3D support and GPU hardware acceleration. (Scott Guthrie’s Blog) Blip.tv Raised $5.2 Million; funding announcement originally didn’t have a dollar figure, … Read More »

Mobile video startup Transpera has raised $8.25 million in Series B funding from Labrador Ventures, Flybridge Capital Partners, Intel Capital and First Round Capital including debt financing from Silicon Valley Bank. Read More »

Best Buy cut its earnings outlook for 2009, while LRG says that one-third of U.S. households now have at least one HDTV. Read More »

ISP caching provider PeerApp announced today it raised $8 million in Series B funding to expand globally. Read More »

One True Media, provider of personal video products and small business ad creation tools, has raised $8 million of a $10 million second round of funding, according to a regulatory filing. Read More »

Troubled electronics retailer Circuit City filed for Chapter 11 bankruptcy protection today, as the company attempts to restructure and fend off creditors. Read More »

Fora.tv Raises $2 Million; money bulks up the $4 million first round announced by the provider of videos of high-profile conferences back in May. (VentureBeat) Panasonic and Sanyo in Merger Talks; agreement would make Sanyo a subsidiary of the larger Panasonic, companies looking to complete the … Read More »

Machinima.com, a site for user-generated content created using video games, has raised $3.85 million in funding from MK Capital and other private investors. Read More »

Mobuzz, a four-year-old Madrid-based web studio, says the economic downturn has starved it of the €50,000 ($65,235) it needs each month to run the company and has pitched its users a call for €120,000 Euros in donations by this weekend to keep its five … Read More »

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