Money

EU Roaming Rates Cheaper Starting Tomorrow

It will now be cheaper to make cellphone calls, send a text message or surf the web when traveling in Europe. The new rates, which the Europ…

NSE Turns Down Spice Telecom Listing

While talks between Idea Cellular and Spice Telecom seem to have fizzled off, Spice now faces yet another hurdle ahead of its initial public…

Miditech Plans Broadband Portal

Production company Miditech is in talks with international players for launching a co-branded broadband portal, reports Indiantelevision. Th…

Viacom And TV18 Form JV: Viacom18

It’s official: Viacom and TV18 have inked a deal to form a 50:50 joint venture called Viacom-18. Viacom is contributing its channels in Indi…

Telefonica May Sell Majority Stake In Endemol

Spanish telco giant Telefonica has hired Lehman Brothers as adviser to a possible sale of its 75 percent stake in Endemol, the company which…

EMW Gains $4 Million First Round Funding

Entertainment Media Works (EMW) has announced a $4 million first round of institutional funding from Granite Ventures. The new financing wil…

MakeMyTrip Valued At $50 Million?

Reuters quotes MakeMyTrip founder and CEO Deep Kalra as valuing MMT at $50 million.
Kalra also mentions that MakeMyTrip is planning offline…

Informa In Acquisition Talks With Springer

The two big European giants of the B2B media space, London-based Informa and Germany-based Springer Science & Business Media in talks and Sp…

Friendster: The Web’s Spinster Aunt

It’s become de rigeur in digital-media circles that there can’t be a winner without a loser. When Google announced its $1.65 billion takeove…

CityVoter Gets $1.1 Million Funding

CityVoter, a Cambridge, MA-based developer of online city guides for media companies, has raised $1.1 million in first round funding led by…

Local Reviews Site Yelp Raises $10 Million

Yelp, the San Francisco-based site offering user-gen reviews of bars, restaurants and other places, has raised $10 million in funding from B…

One For The Deal Brokers

BW has a nice little profile of the media focused investment bank Montgomery & Co., little-known before it brokered the MySpace/Intermix dea…

Napster Hires Bank To Explore Options

After months of rumors, talks and denying from Napster’s side, the online music service has hired UBS “in response to recent third party int…

Yankee Group Acquires Trendsmedia

Research firm Yankee Group has acquired digital media and technology research and events firm Trendsmedia. The acquisition will “accelerate…

Demand Media Buys Hillclimb Media

The domain-name aggregation and “media” firms are buying content firms left, right and center, in an attempt to moetize their domain invento…

Blurb Funding: Up To $12 Million

We mentioned last week about Blurb, an SF-based self-publishing online service, and its second round funding…the round has been upped and…

Deluge of Dot-Com Crash, Version 2.0 Stories

Yes, the rash of stories promoting the he-said-she-said-bubble-or-not has begun, this time with a longish LAT story which come to no conclus…

Penton Buys Acquires Web-EE.com

Trade media firm Penton Media, which has put itself for sale, has bought Web-EE, an online infor/news site offering schematics, project and…

Penton’s Up For Sale; Hires Banker

The B2B media firm Penton Media, taking advantage of the uptick in the B2B media M&A, has put itself up for sale. It has hired Credit Suisse…

Dating Site Engage.com Receives $5 Million

Engage.com, the Internet dating company which gets your friends to help pitch prospective dates for you, has received $5 million in a first…

Q2 M&A in Media & Info Industry: $37 Billion

So says JEGI database, but it was skewed a bit by the $11 billion acquisition of VNU by a consortium of private equity funds and the $6 bill…

Shaping Digital Convergence Through M&As

Last week we linked to a Europe-focused M&A report from PwC…this week is a more comprehensive report about the general U.S. market for dig…

Top10Sources Acq-Hires StyleFeeder

The “human edited blog highlight site” TopTenSources has acq-hired the social shopping site StyleFeeder…TopTenSources is based on human ed…

Mark Cuban Invests in FilesAnywhere

Online file backup and collaboration service FilesAnywhere.com has received funding from Mark Cuban…Cuban now own a majority in the firm,…

Gemstar/TVGuide Buys JumptheShark.com

This is in line with trying to make TVGuide.com into a community-driven site: its parent Gemstar-TV Guide International has acquired TV comm…

Reunion.com Acquires MyAddressBook.com

Reunion.com, a Classmates.com clone, has bought online address book firm MyAddressBook.com. The acquisition relates to a settlement that res…

Affinity Engines Gets $4.13 Million Funding

Affinity Engines, a Mountain View, CA-based social networking startup focused on university alumni groups, has raised $4.13 million to marke…

Online B2B Music Market Ricall Gets Funding

(via A:C Euro) London-based Ricall, which runs an online platform for music research and clearing licensing rights, has received an undisclo…

Jobster Acquires Jobby

No, I’m not making this up: Job search startup Jobster has bought smaller startup Jobby. Now they’ll rename themselves Jobsterby (that I’m m…

AMG Buys Music Software Firm MoodLogic

All Media Guide (AMG), among the few main entertainment content database/metadata providers, has bought out San Francisco, CA-based MoodLogi…

Friendster’s Money Raise: $3.1 Million

We have reported on Friendster’s recap round before, and also the sale-to-no-sale-to-not-interested-in-selling story..now VentureWire/Silico…

Monthly Column: Digital Deal Notes: May 2006

(by Tolman Geffs, The Jordan, Edmiston Group) Interactive M&A in April totaled 22 deals, continuing the pace from the first quarter when 54…

Friendster’s Sale Process Ends, For Now

So TheDeal now finds out that Friendster’s sale process has ended, which coincides with what I heard last week from some of the potential bi…

More on EMI-Warner: Not Happening — Yet

EMI has come out and made it clear: It had been rebuffed after making a $4.2 billion cash-and-shares offer for Warner Music Group. Warner Mu…

The DailyCandy Valuation-Inflation Gang

NYMag does a worship piece on Daily Candy, and joins the valuation-inflation gang, along with WSJ. After WSJ came out with a story about the…

Reed Elsevier Buys Drug Data & Info Firm

Reed Elsevier is buying Gold Standard, a U.S.-based online provider of pharmaceutical and drug information. Financial terms of the deal, whi…

Facebook Valuation: Between $500-600 Million

That’s the pointers I am getting from sources and other online mentions: someone told me it was $600 million pre-money valuation. Bambi Fran…

Facebook Gets $25 Million Funding

So as I mentioned first here about Greylock, all the speculation has come to rest: the social networking site Facebook has closed $25 millio…

Penton Acquires HVAC-Talk.com

Trade media company Penton has acquired HVAC-Talk.com, an online community and discussion forum operated by BuildCentral, of Chicago. Terms…

Hispanic Media Raises $5 Million Funding

Hispanic Media, the company formed by the merger of Greensboro, NC-based Spanish-language Internet broadcaster Batanga and Miami-based Plane…

eBay’s Investment in Meetup: $2 Million

Meetup, the social organizing/networking site, which announced eBay’s investment last month, but didn’t announce the amount, has received $2…

Revver Gets $8.7 Million

Revver, an online video uploading and sharing service, has received $8.7 million in second round funding. The round was led by Draper Fisher…

YouTube Gets $8 Million Funding

Yes Heather, when we write some things, we only do it after we check our sources…so the context we like to put is what’s happening there a…

EMT Buys Majority In Estonian Portal

In Estonia, EMT, a subsidiary of Eesti Telekom, the local operator there, has bought 51 per cent Internet company Serenda Investment, for ab…

CCNMatthews Acquires MarketWire

Consolidation in the press release distribution space: the third largest firm in U.S., MarketWire, has been acquired by Canadian newswire CC…

Alcatel To Buy Lucent For $13.4 Billion

French communications-equipment maker Alcatel will buy smaller U.S. rival Lucent Technologies for $13.4 billion to gain market heft and broa…

@ DH: The M&A Market: What’s Left?

My personal learning of the day? I speak in a completely different language than investment bankers and financiers. So I learned from my sur…

Jupitermedia Buys Crank City Music

From images for professional use to music for professional use: Jupitermedia’s Jupiterimages division has acquired the assets of Crank City…

Brightcove Acquires MetaStories

Brightcove, the online video publishing and delivery startup, rich from its recent funding, has bought out Seattle-based rival MetaStories.…

Tvzin.com Purchases Modf.tv For $11 Million

TVZIN, an LA-based online video service, has bought out Modf.tv, for $11 million; this spring TVZIN will launch “Your Channel” on Modf that…

Telltale Gets $0. 82 Million Seed Funding

I am having a hard time trying to figure out what the company does from their release, but figured it is some sort of interactive storytelli…

IMVU Gets $9 Million Funding

That’s according to an SEC filing, picked up by PE Week Wire. IMVU, a Palo Alto, CA-based provider of 3D IM service, has raised $9 million i…

Netomat Gets Funding From Motorola

Netomat, an NYC-based online and mobile convergence and content tools firm, has received investment from Motorola Ventures. The amount was n…

VNU Buys Silicon.Fr

VNU’s European arm has made another small online acquisition: London-based VNU Business Media Europe has taken a majority stake in Silicon.f…

Jupitermedia Buys Beauty Archive Collection

Jupiter’s image makeover continues: it has acquired the assets of The Beauty Archive. The Beauty Archive is a provider of rights-managed ima…

Red Swoosh Gets $1.73 Million

That’s according to an SEC filing, picked up by PE Week Wire. Red Swoosh, a P2P technology and delivery firm, has raised around $1.73 millio…

Bolt Buys Two Video Sites

In this story in latest BW about valuations for small media sites like DailyCandy (WSJ reported on a rumored $100 million valuation), some i…

KickApps Gets $4 Million First Round Funding

That’s according to an SEC filing, picked up by PE Week Wire: KickApps, a New York-based startup providing hosted social networking and vide…

Social Networking Site Tagworld Gets Funding

TagWorld, another online social networking site, has received investment from Draper Fisher Jurvetson (DFJ). Terms of the deal were not disc…

Primedia, IAC Buy E-Commerce Plays

Couple of e-commerce buys from the two media companies Primedia and IAC:
Primedia: primedia’s Consumer Guides division, which ApartmentGuide…

VNU Buys Inquirer Tech News Website

This is very interesting, if only because I have been reading The Inquirer and its progeny grand-daddy The Register for years now, and both…

Reggaeton Music Website Bought By Digicorp

That was fast: reggaeton music site PerreoRadio.com has been bought out by LA-based digital media company DigiCorp.
PerreoRadio.com produces…

Amp’d To Close Another $100 Million Funding

The “edgy” MVNO Amp’d Mobile is close to clising another $100 million round, report PE Week Wire. The company has, till now, raised $117 mil…

Media M&A Sentiment in U.S., in 2006

Media sector-focused investment bank AdMedia Partners has come out with a report/survey about the prevailing sentiment in the media sector a…

StreamerNet Gets $1 Million Funding

StreamerNet, a remote/mobile audio/video streaming service company based in Leesburg, VA, has received $1 million in funding….the last tra…

Associated Content Gets $5.4 Million Funding

Associated Content, a Denver, CO-based online content exchange, has secured $5.4 million in first round funding. The funding was led by Soft…

Financial Media Group Buys Wallst.net

Not sure how significant this up, but since we go for completeness, here goes: Financial Media Group has bought out WallStreet Direct, a pro…

Monthly Column: Digital Deal Notes: Jan 2006

(by Tolman Geffs, The Jordan, Edmiston Group) Interactive M&A in 2005 totaled 160 deals worth an aggregate $15.7 billion, double the $7.7 bi…

Gawker Sells Off Odddjack’s Assets

Gawker Media, the blog media company, which closed is gambling blog Oddjack a month or so ago, had sold off the site’s assets to an unnamed…

The Deal Predictions For 2006

We didn’t indulge in any year-end prognostication this year, mainly because I think most of them are lame and really don’t help, in, well, a…

Interoperable IM Company Meebo Gets Funding

Interoperable IM startup Meebo, barely 13 weeks old, has raised about $3.5 million, at about $9 million pre-money valuation from Sequoia Cap…

Thomson to Acquire Thales Multimedia Unit

French electronic and digital media giant Thomson is buying out Thales Broadcast & Multimedia as part of a strategic partnership with the co…

Primedia Sells Of Technology Division

Primedia has sold off its “Primedia Internet Resource and Technology Group”, which was a division handling all the backend for Primedia site…

Prodigy Brand On The Block

Prodigy, one of the oldest Net and ISP brands, is up for sale, according to this story in News.com. The brand, along with its 66 registered…

EA To Acquire Jamdat For $680 Million

Electronic Arts is buying the only pure-play public mobile content company in U.S., Jamdat, for $680 million…more to come…and we’ll have…

Jupitermedia Buys Two Image Sites

Jupitermedia, continuing on its images acquisition binge, has bought out two more site: Bigshot Media and BBM.net in separate transactions.…

Adbumb To Be Sold: Report

So reports Steve Hall at Adrants…AdBumb, one of the oldest online advertising newsletter/website/gossip sheet, is being sold by parent com…

Bankrate Buys MMIS, FastFind for $40 Million

Bankrate, the online banking and personal finance info site, has bought out two sites/services: MMIS/Interest.com for $30 million in cash an…

Judy’s Book Gets $8 Million Funding

Online community site Judy’s Book has received $8 million in a second round of financing to boost product development and expand sales and m…

NY Angel Group Forms Media Investment Unit

This is good news for media/communications startups in NY area…New York Angels, an early stage investment group in the region, has formed…

News Site Newsvine Gets Funding

Newsvine, a Seattle-based news starup developing a social news site, has received less than $5 million (the company hasn’t publicly announce…

Channel 4 UK Threatens On New Media Rights

This is bound to send ripples in UK TV and production industry: Channel 4 is threatening to break with the past and start producing its own…

Mashboxx Buys Assets of Grokster

So says eWeek: One day after Grokster officially shut down, its assets have been purchased by legal P2P service MashBoxx, the story says. Ma…

Monthly Column: Digital Deal Notes: Nov 2005

(by Tolman Geffs, The Jordan, Edmiston Group, Oct 2005): It’s all about content. We are seeing a burst of initiative, creativity and deals…

YouTube Gets $3.5 Million Funding

YouTube, an online video upload and sharing site (“Flickr of video”) has received $3.5 million funding. The first round was led by Sequoia C…

TechTarget Acquires White Paper Site

TechTarget, the B2B tech trade media company, has made another acquisition: it has bought out SecurityDocs.com, a website with white papers…

Revver Gets Funding From Draper, Bessemer

As we mentioned in a short note last night, a new online video sharing and advertising site Revver has been launched, co-founded by Freenet…

Wikishphere Gets $5.25 Million Funding

Among the first such venture funding (Socialtext is another) Wikisphere, a Seattle-based provider of services for wiki creation and editing,…

DivX Receives $17 Million Funding

San Diego-based digital video compression company DivX has received $17 million funding from Insight Venture Partners. With the money, the c…

BSkyB Does Buy Easynet For $375 Million

Ending two weeks of speculation, News Corp-owned UK satellite TV operator British Sky Broadcasting Group has agreed to buy high-speed Intern…

Fraunhofer Forms Venture Capital Arm

Fraunhofer Gesellschaft, a network of German industrial research organizations of which one was the inventor of the MP3 digital audio format…

Recent Nokia Fundings: Xcerla, M-Terra

Couple of interesting digital-media related companies funded recently (well, probably within the year) by Nokia…hadn’t heard of them befor…

Adobe’s Buy of Macromedia Approved

By SEC…removing one of the last hurdles for the two firms to close the deal this fall as planned. The proposed combination — already over…

Primedia Buys Equine.com

Primedia has bought out Equine.com, an online marketplace for horse enthusiasts. The site will be added to other Primedia equine-related pro…

MySpace is Now Rupert’s Space

Um, that me saying it in a roundabout way (talking about M&As in the sector), this morning on NPR’s Marketplace radio show…that makes it t…

VeriSign-Moreover: Google Came Close

Gleaned some more info on the Moreover’s acquisition by Verisign, through sources … the $25 million is on the low side; it is closer to $3…

Verisign To Acquire Moreover

Updated: read the update post here, with price, etc…
We’d been working on this story, but Tom got to it first…Moreover, the online news…

Commodore to Buy Dutch Music Site Lyzia

Yeahronimo Media Ventures, owner of the classic Commodore license, is buying out Dutch music and DRM company Lyzia, in an attempt to enter t…

Musicstrands Raises Venture Funding

Musicstrands, one of the new music recommendation software startups, has received venture funding from Debaeque Venture Capital. The funds w…

Mania TV Gets $12 Million Funding

Yes, sit up now…ManiaTV, the Denver, CO-based online TV network aimed at the hyper-tasking young generation, has received $12 million in a…

$260 Million Digital Media Fund Launched

Yep, we’re in it…new digital media funds. Spark Capital is a new Cambridge, MA-based firm being launched today, with a $260 million fund.…

October: A Heavy Deal Month

October should be a heavy deal month..the Viacom-iFilm deal should be announced officially anytime now. Fox-News Corp will be announcing cou…

SeaChange Buys Out On Demand

Missed this one earlier this week…On-demand systems provider SeaChange has is acquiring the remaining 27 percent of On Demand Group (ODG)…

MPEG-4 Startup Gets $10 Million

Modulus Video, a Sunnyvale, CA-based vendor of MPEG-4 AVC video compression systems suitable for delivery of standard and high definition vi…

Moreover Closing Its Sale

We’ve been working on this story for more than a week, but didn’t have the name of the buying company. Anyway, SVW has a note on the sale, h…

BitTorrent Gets $8.75 Million Funding

BitTorrent, the commercial spinoff from the P2P software with the same name, has raised $8.75 million in venture funding, reports PE Week Wi…

Network Live Investment: $30 Million

Network Live, the Kevin Wall-headed live entertainment venture launched earlier this year (our coverage here), and a joint investment from…

ECNext Raises $4 Million Funding

ECNext, a provider of content technology and marketing services, has raised $4 million in new financing. Reservoir Venture Partners and Athe…

EBay-Skype By The Numbers

Based on information provided by eBay and Skype.Registered Users/Accounts: eBay, 157 million (75 million, U.S.; 82 million international); P…

EBay-Skype: PowerPoint Pitch

EBay’s explanation/sales pitch to investors includes a 78-page PowerPoint presentation . (via BW’s Rob Hof, who did a great job overnight wi…

Stealth is Trendy Again

As this Seattle Times story says, citing the example of Muskoka Media, a Seattle based startup founded by Andrew Wright, former VP at RealNe…

EBay Said to Be in Talks to Acquire Skype

More in Skype sale sage: eBay is now said to be interested, according to reports. The sale price is for $2 billion to $3 billion, says this…

Web Host PowWeb Acquires FAQs Site

An interesting acquisition: Web hosting company PowWeb has acquired online frequently asked question site FAQTs.com. FAQTs enables users to…

CMP And UBM Busy In M&A Market

Tech media company CMP and parent company United Business Media have been buying up B2B properties of late…they’ve closed three deals incl…

TheKnot Being Courted by Target.com?

In a speculative story on the current M&A market in online media and other possible tie-ups, the news about TheKnot.com, the wedding/lifetag…

Daily Mail Buys Two More Job Sites

The newspaper groups in UK are on a tear, buying out the job sites left, right and center. Now The Daily Mail & General Trust has spent just…

ManiaTV’s $4.6 Million Venture Funding

ManiaTV, the Denver, CO-based online TV network aimed at the hyper-tasking young generation, received $4.6 million first round funding in No…

Israeli Children’s Portal Sells 50% Stake

Internet Gold, one of Israel’s online content and marketing companies (its runs MSN Israel as a JV with MSN), has bought a 50 percent stake…

Music Choice Europe Sold For $4.85 Million

Music Choice Europe, the digital music company backed by Rupert Murdoch’s BSkyB that was once worth more than $380 million on the stock mark…

Avvenu Receives $7.5 Million Second Round

Avvenu, a Palo Alto, CA-based remote P2P file/photo sharing service, has received $7.5 million in second round funding, according to SEC fil…

Who’s Next?

It’s been a while since we did our “who’s next” list so let’s try another round. Who would you buy if you were News Corp.? Who should sell n…

Penton Media Acquires MSD2D

Penton Media, the trade media company, has acquired acquired MSD2D, an online tech media company located in Lake Forest, CA, for an undisclo…

Friends Reunited Pondering Sale

The UK-based online community website Friends Reunited is pondering a sale and has appointed Long Acre, the corporate-finance media speciali…

J.P. Morgan Partners Acquires Hanley Wood

Media M&A firm Veronis Suhler Stevenson has sold B2B trade media company Hanley Wood to J.P. Morgan Partners for an undisclosed sum. This, t…

U.S. Equity Bids For Primedia Business

The story of Primedia Business’ sale auction gets more interesting: U.S. Equity Partners has made a late bid for the business unit of Primed…

Two Way TV Acquires Mindhouse Technology

UK’s interactive TV firm Two Way TV has acquired the tech. assets of Mindhouse, the London-based company that recently filed for bankruptcy.…

RioAudio’s Assets Sold To SigmaTel

SigmaTel, the digital chip maker (it supplies to iPod shuffle, among others) has bought out the software, patents and engineering resources…

Correction: GoingOn’s Angel Funding

Some corrections in our post on GoingOn’s funding: it is angel round and Marc Canter is involved with OurMedia.org and not Open Media Networ…

What If Fairfax And Nine Merge?

The media dynamics in Australia will change, for one. A merger (as rumored) of Australian media companies the Nine Network and newspaper gro…

MarketResearch.com Acquires Rival MindBranch

Another slightly oblique fit for our focus, but this will effect purveyors of reasearch and information companies: Market research aggregato…

Dice Acquired by Private Equity Firms

Not much to do with digital media, but harks back to those days in Silicon Alley: Dice, the online tech jobs site, (fka Earthweb and used to…

Adobe-Macromedia DOJ Process Delayed Again

Adobe and Macromedia report that the Department of Justice is asking for more details in the areas of Web authoring and design and vector gr…

BeliefNet Gets $7 Million

BeliefNet, the NYC-based online sprituality news, info and community site, has raised another round of venture funding: $7 million in a fund…

Sandvine Secures $15M

Sandvine, a broadband technology management company, has received $15 million in VC financing. Newbury Ventures led the financing round, jo…

AgileTV Closes Another Funding Round

Privately held AgileTV has closed another round of funding in its quest to provide voice navigation to the cable industry. The funds — no a…

Business.com Raises $10 Million

Talk about a comeback…Business.com, the business search engine which was almost dead a couple of years ago, has made a comeback to the poi…

JiWire Raises $2 Million

Wi-Fi information and news firm JiWire has raised $2 million in second round of funding. The company, which offers a global directory of wir…

Sharks Circling Around Niche Sites

It’s the buyout season for niche content and related sites…as well as investing in them, one way or the other.
“How does a company capture…

Online Media & Mktg Deal Flow for 2004

Some more figures on the M&A deal track for online media and marketing services, courtesy Tolman Geffs at The Jordan, Edmiston Group. His to…

United Online to Buy Classmates.com

So United Online finally makes an acquisition (there was a rumor a few months back that it would buy MusicMatch…well, that one went to Yah…

Vindigo Buys Mobile Content Developer

Wireless applications developer Vindigo Studios has snapped up waymobile.com in an effort to strengthen its existing catalog. Terms were not…

BIAP Secures $11 Million in New Funding

Digital TV content personalization company BIAP Systems, which earlier this year secured a multi-system deployment with Time Warner Cable, h…

M&A Data in Media Sector: Jan-Sep 2004

The Jordan, Edmiston Group has come out with some interesting data on the media-related (which includes online) M&As for the first nine mont…

Buy.com Buys Social Networking Site Metails

Buy.com, the online retail site, has bought out a small Boston based social networking startup called Metails.com. The rationale: “The resul…

VoodooVox Raises Second Round Funding

VoodooVox, a developer of technology for radio stations and its websites…Apax Partners funded the round…
VoodooVox plans to use the proc…

Investors Flock to Web Networking Sites

Well, LinkedIn has got $10 million in funding…the investment was led by Greylock.
LinkedIn also announced the recent addition of 14 angel…

Intermix Media Buys Focalex For $4 Million

Online marketing and content company Intermix (fka eUniverse) has about out Focalex for $4 million in cash and stock. Focalex was establishe…

It Pays To Stay On The Cutting Edge

This makes sense: Media companies-no matter how large or small-that have implemented cutting-edge Internet products such as RSS feeds and co…

Orb Networks Raises $4 Million

Orb Networks, about which I’ve written below, has raised $4 million from Morgenthaler Ventures. Orb will use this investment to expand sales…

TV Search Firm Raises $2 Million

Critical Mention, an NYC-based provider of TV search and monitoring services, has raised more than $2 million in afirst round of financing.…

Six Apart finds a pot full of VC Dollars

Blogging software company Six Apart (whose flagship is MovableType, the blogging CMS which also runs this site) is about to get another big…

Jupitermedia Acquires Megapixel.net

Jupitermedia is on the acquisition path again…it has bought out digital photography/review site Megapixel.net, a Canadian site. The site…

Ziff Davis Media Acquires Connexus Media

Ziff Davis has made its first acquisition in a long time: it has bought out online tech trade media company Connexus Media. No financial ter…

Media M&As Surge During ’04

I wish I had the time to release my figures on digital media M&A and venture fundings market, but do not have the time…but anyway Jordan,…

CNET Founder To Launch Venture Fund

(reg. req.): Halsey Minor, a founder of CNET will launch a $50 million venture fund this week…he will invest in a single category of start…

Looksmart Acquires Furl.net

Looksmart has thrown its hat into the “personal web” ring, with the acquisition of Furl.net, a web page clipping and archiving service.
Furl…

VNU Buys IFILM Directories

iFilm.com will now fully concentrate on its online business…
Related:
— iFilm Appoints New CEO
— Bob Pittman Buys iFilm Subsidiary

Is a Venture Bubble Beginning?

(sub. req.): Oh well…Once again, angel investors are returning. So are “emerging” venture funds, in many cases backed with big bucks from…

Social Software Gets The Money This Fall

You know the deal with this…anyway, word is that Jot, another Wiki company, is about to announce several million dollars in backing from b…

BitPass Raises $11.75M In Funding

Online micropayments firm Bitpass has received $11.75 million in its second round of venture funding…
Participating investors include Worl…

Hollinger May Sell New Media Subsidiary

The embattled publishing firm Hollinger International is considering the sale or merger of assets at its new media arm (which has invested i…

Ensequence Gets $18 Million For iTV S/W

Ensequence, an iTV software development company, has recived $18 million in new venture capital investment. The new investment is led by $7.…

Pierre Omidyar’s New Fund

(via Buzzmachine) In case you didn’t notice in the Socialtext funding note below, Pierre Omidyar, the founder of eBay, has formed a new fund…

Socialtext Closes First Round Financing

Socialtext, one of the social software and enterprise wiki companies, has closed its first round of funding. It included existing investors…

Idetic Wins $15M To Expand MobiTV Service

U.S. mobile TV/video service Idetic will use $15 million in new investment capital to fund the expansion of its MobiTV wireless TV service..…

EBay buys 25 percent stake in craigslist

eBay has acquired a 25 percent stake in craigslist, an online community of classified ads and forums. The stake purchased by eBay was owned…

PlanetOut Delays Bid to Go Public

Gay themed Web site PlanetOut Inc. is delaying its planned IPO because of a “difficult market for initial public offerings.”
Some more detai…

InphoMatch to Merge With Mobileway

(reg. req.): Two of the biggest mobile content and messaging infrastructure providers are merging: InphoMatch will merge with France-based M…

Crimson Acquires ICP Europe Publishing

In UK, publishing company Crimson has acquired online business news and info company ICP Europe, publishers of businesseurope.com and ventur…

iBill Sold, Again, And Again

Online payments company iBill has been sold again…my head’s hurting with all the hoops…

Getty Swallows Image.net

Getty Images, the global image and photographic agency, has acquired entertainment site image.net in a deal believed to be worth $20 million…

News Search Company Rocketinfo Bought Out

Now that there’s tons of venture capital and M&A activity in the search market, it will surely come to the news search and information marke…

Streamload Receives Venture Investment

Streamload, which provides consumers a way to store, share and receive large files over the Internet, has received an investment from the ve…

Content M&A’s in Europe At A High

Tech M&As are booming again, with content and services sectors leading the way, and software way down the list, according to a new European…

Sorrent Raises $20 Million

Mobile entertainment publisher Sorrent, based in San Mateo, has raised $20 million in third round of financing led by BA Venture Partners. S…

VCs Show Confidence In New Media

Well, this is for UK, but I’ll be coming out next week with a slightly delayed report on Q2 investments in what I define as digital media (n…

PlanetOut Sets IPO at $12-$14

PlanetOut, the gay-focused portal, has filed with the SEC to sell 4.65 million shares for between $12 and $14 for its IPO.
Underwriters, le…

Six Apart Buys French Blogging S/W Company

Weblog tools vendor Six Apart, the company behind the popular Movable Type and TypePad platforms, has announced the acquisition of French bl…

Sina Agrees to Acquire Davidhill Capital

Chinese online media company Sina has signed a definitive agreement to acquire Davidhill Capital and its UC instant messaging technology pla…

InfoSpace Buys Atlas Mobile

InfoSpace, on record as saying that it would double its mobile division’s annual sales this year, is buying Atlas Mobile, a multiplayer tour…

More on IGN’s Buyout of Rotten Tomatoes

More details are emerging about IGN’s reported $10 million buyout of film review and community site Rotten Tomatoes (the news here). Rotten…

Desktop Search Cometh

The desktop-based search is becoming so hot that is fueling a lot of buyouts. This morning, Karelia Software, the makers of a Mac-desktop to…

Digital Chocolate Acquires Sumea

Mobile-phone software developer Digital Chocolate, based in San Mateo, CA, has acquired Sumea, a Finnish developer and publisher of games fo…

Hollywood Media Acquires Studio Systems

Hollywood Media, a provider of news, information and ticketing covering the entertainment and media industries, is acquiring Studio Systems,…

YooMedia Acquires 4 Dating Sites in UK

YooMedia, the interactive TV content company has acquired UK dating brands – Dateline, Club Sirius and Jiles Limited in a bid to dominate th…

Context Media Raises $11 Million

(sub. req.) Context Media, a Providence R.I.-based content management, integration and delivery company, has raised $11 million in a third r…

Nokia Puts Cash Into Mozilla

Nokia has funded a cell phone browser based on Mozilla’s open-source code base, helping spur a general renaissance for the foundation’s effo…

Muzak Gets $35 Million Financing

Muzak has gotten $35 million, and I’ll hold my puns. But seriously, the music programming company for businesses has received $35 million in…

$44 Million Financing For Mforma

Seattle-based wireless entertainment provider Mforma has raised a whopping $44 million in its first institutional round of financing, co-led…

The Consolidation Of Global Mobile Content

Of course, if you’ve been reading this site and my sister site MocoNews, you would know all about this consolidation…
Several trends are s…

Siemens Invests in Controversial Xingtone

Xingtone, the LA-based controversial ringtone making software company which has created a lot of buzz in the music and wireless industry, h…

Private Investors Hear Music’s Call

Private-equity firms have started to snap up music assets with the intention of changing the economics of the recording business. New York-b…

Nokia Invests in GlooLabs

GlooLabs, a Palo Alta, CA-based startup that develops software to facilitate wireless access to and distribution of multimedia content, has…

Monster Buys Tickle.com

Monster has acquired Tickle Inc, an online career assessment testing site. The consideration paid for the transaction consisted of one milli…

Roo Group Buys Undercover Media

Roo Group, the US-Aussie broadband media company, has bought out the Australian music content company Undercover Media.
Undercover is a prov…

How Tech Got Its Groove Back

After the dotcom bust, the tech industry is picking itself up and dusting itself off for another dance–with the help of some innovative ent…

Classmates.com’s International Expansion

Missed this one last week: Classmates.com is going in for an international expansion spree…after buying out Germany’s StayFriends in March…

Venture Capital Recovers

Economist lays it out for us, as usual: “Although the money being handed out is nowhere close to that given to dotcoms during the boom, it s…

Thomson To Buy Financial Data Platform

Thomson is acquiring the information services division of CGI Group’s banking and investment arm for an undisclosed sum.
The key asset in t…

Jacob Internet Fund Finds Strength In Value

Ryan Jacob, a star of the Internet boom and victim of its bust, is back on top. Thanks to bear-market triage, a strategic overhaul and caref…

Online Gaming Company Acquired by GigaMedia

Cambridge, MA-based Grand Virtual, a privately held software developer and ASP for the online gaming industry, has been acquired by Taipei,…

New Stocks Use The ‘.com’ Ending Again

The dotcom is back again…After two years that saw many companies change their names to drop the tarnished suffix from their corporate name…

Modulus Adds $8.5 Million And A CEO

Digital TV video compression technology provider Modulus Video, based in Sunnyvale-CA, has received $8.5 million in first round of financing…

Is The Tech World Partying Like It’s 1999?

I hate to sound like a tech cheerleader, but hey, I’m just covering what’s happening. News.com does an analysis story on the Internet deal/i…

Thomson Bullish on Trading Technology

In what would be its second acquisition for its financial unit this year, Thomson Corp. will pay $385 million cash for TradeWeb Group to enh…

Mergers Mania Hits Internet Sector

The M&A mania has hit the Internet sector, according to this story…roundup of some deals in the sector.
Of course, if you want all the low…

Videogame Pioneer Sets Up Media Fund

(reg. req.): The favorite game among ex-CEOs in media these days: join private equity firms in media and entertainment, what else? Seems lik…

Mobileway Gets $23 Million in Funding

Wireless information delivery software maker Mobileway, based in London with its U.S. headquarters in San Mateo, has raised $23 million in a…

Media Processor Player Wins $9M in Capital

Alphamosaic, the Cambridge, England-based startup which is developing multimedia processors for mobile phones, has secured $9 million of ven…

Broadcom Acquires Sand Video

Broadcom, a provider of semiconductor solutions enabling broadband communications, has acquired Sand Video, a privately-held, Andover, Mass.…

Christopher Dixon Joins Investment Firm

Christopher Dixon, the ubiquitious former media analyst at UBS Warburg, who left the company a few months ago, has joined Gabelli Group Capi…

Tencent IPO Bid to Seek $200 Million

Tencent Technology, which operates China mainland’s most popular Internet instant messaging service, has applied for a HK$1.56 billion (US $…

Jupitermedia Acquires Comstock Images

Looking to expand the premium content offerings in its JupiterImages division, Jupitermedia has announced a $20.85 million cash deal to acqu…

Circuit City To Buy MusicNow

Funny this: While MusicNow CEO Scott Kauffman was holding forth on the online music subscription business–and how successful they have been…

NEC To Sell Gaming Business To Index

Japanese corporation NEC is set to bow out of the game software industry with the sale of its subsidiary NEC Interchannel to online and wire…

Quova Acquires Competitor InfoSplit

Quovo, the geo-location technology company, has acquired longtime competitor InfoSplit, a New York-based geolocation provider, in a cash/sto…

Roxio Announces $15 Million Line of Credit

Roxio, the parent of Napster, has announced a new two year, $15 million revolving line of credit with Silicon Valley Bank. The new line of c…

Why 1 plus 1 equals 3 on the Net

Bambi Francisco also writes about Net M&As today (see Safa Rashtchy’s take below): “No longer are companies using overvalued stock to make o…

The Roots of Bust 2.0

Suddenly, venture capital is growing on trees. But the cash glut could crash the Valley again….[T]he frenzy around social networking is tr…

Dwango Receives $2.3 Million in Funding

Dwango, the Seattle-based mobile entertainment content provider has received $2.3 million in funding, from Alexandra Global Master Fund.
The…

Mirra Secures $8 Million

Mirra, a personal server maker focusing on the digital content market, has received $8 million in second round funding from financial invest…

Comcast Buys TechTV

TechTV is finally sold…Comcast has bought it from Vulcan Ventures, for an undisclosed amount. But informed sources tell Wired News that Co…

CMGI Back in Buying Mode

CMGI, the one-time high-flying Internet incubator, is purchasing software company Modus Media for $157.5 million in stock.
The purchase of…

Shazam Receives Another $5 Million

UK-based mobile music recognition company, Shazam Entertainment, has received a further $5m in funding. DN Capital joined as a new investor,…

Military Portal Bought By Monster

Military.com, an armed forces portal based out of SF, has been bought out by Monster Worldwide for $39.5 million in cash. Monster bought the…

$24 Million Poured Into Speakeasy

Broadband ISP Speakeasy has received $24 million in venture funding, its fourth and largest financing round to date. Leading the round were…

Former IBS CEO Joins JEGI Capital

(via Lost Remote): The boutique media-focused investment bank Jordan, Edmiston Group (JEGI to us in the VC business) has announced that Tolm…

Mark Cuban Buys Stake in Mamma.com

Mark Cuban has bought a 6.3 percent stake in meta-search engine Mamma.com…
“I like companies that generate cash,” Cuban said in this story…

InphoMatch Raises $13.5 Million Funding

InphoMatch, a mobile messaging solutions provider, has received $13.5 million in its fourth round of funding. Institutional Venture Partners…

Gracenote Raises $13 Million

Gracenote, an online and mobile music recognition company, has landed $13 million in a late-stage round of venture capital financing. The se…

MCG Capital Buys Kagan

Well, so my bid never really worked, did it? Investment company MCG Capital has acquired the assets of struggling newsletter publisher/resea…

Jupitermedia Files for Follow-on PO

Jupitermedia, the network of tech related news and information sites and services, has filed for a follow-on public offering of its common s…

MemberWorks to Buy Lavalife Dating Site

Affinity marketer MemberWorks is acquiring dating site Lavalife (based out of Canada, but major push into U.S. in the last 2 years) for abou…

Loudeye Acquires Overpeer

Loudeye is getting serious about digital and mobile music: it has acquired Overpeer, a New York City-based provider of digital media data mi…

Informa and Taylor & Francis to Merge

London-based trade publishers Informa and Taylor & Francis have unveiled a well-received £1.1 billion merger to drive growth by exploiting…

InterActive Gets Into R&D

BW caught it…out of the news that InterActive Corp bought out social network site ZeroDegrees, is a small but significant detail: Diller h…

Opera Details Plans for IPO

Opera, the alternative browser company very strong in the wireless market, has released details of its upcoming IPO: it will issue between 1…

Tom Online IPO To Raise Up To $195 Million

Tom Online, the internet spin-off of tycoon Li Ka-shing’s media flagship Tom.com, will raise up to $195 million in its initial public offeri…

Aspiro Acquires Norwegian Emode

Aspiro, a Swedish mobile entertainment content developer, has bought out Norwegian rival Emode. Emode, with head office in Norway, sells ent…

Tom Online Details its IPO Offer

TOM Online, an information provider for mobile-phone users in China, has detailed its $188 million IPO offering…The company will sell 25 p…

Questia Gets $10 Million Debt Financing

Online library operator Questia Media has secured $10 million in debt financing, from Technology Investment Capital, a newly formed finance…

Opera to Seek Listing, Battle Microsoft

Opera plans an initial public offering in March to aid its race against giant rival Microsoft to win customers for its Internet browsers in…

Sonic Buys InterActual

Sonic Solutions, the DVD creation sofwtare company, has announced bought out InterActual Technologies for $8.8 million. InterActual offers s…

Thomson Buys CCBN

In a move that will end an acrimonious lawsuit between the two companies, The Thomson Corporation is buying the 90 percent of Corporate Comm…

M7 Networks Raises $3 Million in Funding

M7 Networks, a provider of enhanced data services for wireless carriers, technology providers and content owners, has received $3 million in…

Index Corp Buys Majority in Haiku

Haiku, a French/European mobile content provider, announced that Index Corp of Japan has acquired 60 percent majority ownership in the compa…

UIEvolution Get $10 Million in Funding

UIEvolution, a Seattle-based mobile content delivery company, has received $10 million in venture capital from game publisher Square Enix, I…

Moremagic Buys Irish Payments Firm

Dublin-based mobile payments company Agile has been acquired by mobile content platform provider MoreMagic, in a deal understood to be worth…

Bob Pittman Buys iFilm Subsidiary

Former AOL Time Warner bigwig Bob Pittman and media veteran Strauss Zelnick are teaming up to buy online market research group OTX from its…

New Media Deserves Better Funding Deal

In Canada, that is…According to Toronto-based Fad Research, the ne media industry tumbled 30% in 2002 to $1.9-billion, from $2.6-billion a…

The New Internet Gamble

So far venture capitalist have poured $100 million into the social software space, according to this story…One scenario has online social…

Bob Pittman May Buy iFilm Subsidiary

The fate of long-struggling digital media company iFilm may be determined today…the company will have a shareholder vote today on the prop…

NetRatings Buys RedSheriff For $12 Million

Web measurement firm NetRatings is expanding into site-specific metrics by acquiring RedSheriff for more than $12 million…that money bough…

Bob Pittman Buys DailyCandy

So the rumor which Michael Wolff first mentioned was true: former AOL chief Bob Pittman has quietly bought privately held DailyCandy a few w…

SmartServ To Acquire nReach

SmartServ, a mobile content applications company, is buying out nReach, two days after it announced that is is buying Mobile Airwaves
nReach…

Gobi Fund Attracts IBM, NTT DoCoMo,Goldbond

Gobi Partners in China have announced the first closing of US$30 million for the Gobi Fund. The final Fund size is expected to close at US$7…

Nstein Secures $4.25 Million in Financing

Nstein Technologies, a provider of software solutions for managing and retrieving unstructured information, has announced the closing of a p…

Social Networks Get New Friend$

Social networking is the next big thing. Many in the technology media have latched onto the idea that social networking will be an economic…

eUniverse Invests $2.3 Million in Kazaa

If you thought that the current online media scene is NOT a bubble, hear this: eUniverse, a company which has come back from near-death afte…

IPin to Merge With Network365

Payment technology provider iPIN is merging with Irish mobile payments company Network365 to create a new company, called Valista, aimed at…

CNET Acquiring MP3.com?

According to unconfimed reports on MacMinute, CNET Networks may have acquired MP3.com. CNET plans to introduce a new MP3 music service in th…

Pike & Fischer Buys Broadband Newsletter

Business publisher Pike & Fischer has acquired broadband media analysis and publishing company Broadband Intelligence, Inc. BI’s flagship p…

eUniverse Gets $8 Million Investment

eUniverse has closed an $8 million financing with VantagePoint Venture Partner… In July 2003, in anticipation of this preferred stock inve…

Neotmat Gets $3 Million in Funding

Netomat, a rich-media web publishing company, has received $3 million in second round of financing. The round was led by Topspin Partners w…

Mobileway Raises $17 Million

Mobileway, the mobile content services provider, has secured $17 million in its third round of funding. Led by Mayfield, the round includes…

Canadian Music Service Gets Equity Investment

Moontaxi Media, Canada’s only online music service, has received a “multi-million” dollar equity investment from ROW Entertainment, owner an…

OneSource Gets Unsolicited Takeover Bid

OneSource, the B2B info service, has received an unsolicited bid to take it private, from 32 percent owner ValueAct Capital Partners. It ha…

Pittman Reemerges as a Media Investor

Bob Pittman, the former AOL exec. has launched his own media investment firm called the Pilot Group. The firm is seeking to buy or invest in…

Peppercoin’s Funding is $4.25 Million

Peppercoin, the micropayments startup, has received $4.25 million in venture funding. I reported earlier last week on the appointment of new…

eUniverse Considering Gaming Assets Sale

eUniverse, the online entertainment/gaming network, which was delisted from Nasdaq recently due to accounting errors and SEC investigations,…

ECNext Raises $2 Million Funding

ECNext, a technology/content-commerce provider for the online B2B information industry, has received $2 million in an undisclosed round of v…

Reuters Shopping Yankee, Tower?

Reuters will be divesting its technology research businesses, Yankee Group and Tower Group, according to Outsell’s e-briefs, the e-mail news…

The Coming Social Networking Bubblet

Word leaked out, rather inadverently, that Friendster, the hot social networking site, may have received $10 million in further venture fund…

Newsplayer Acquires Global Media Services

UK streaming media firm Newsplayer Group (with great resource sites like Newsplayer and Frost.tv) has purchased New York-based Global Media…

More on Friendster $1 Million Funding

Friendster, the hot-as-hell online networking/community site, has received angel investment amounting to just more than $1 million. The inve…

Dow Jones Buys VentureWire

The venture capital media space just shrunk further: Dow Jones has bought Technologic Partners, the parent company of VentureWire, the onlin…

Expanding Friendster Lands Venture Money

(subscription required) Friendster, the impossibly hip (or is it anymore?) online networking/dating site, plans to announce some high-profil…

IGN Completes Transaction And Goes Private

IGN, the online gaming info. network, has completed its going-private transaction… IGN is now majority-owned by Great Hill Partners, with…

Nokia To Acquire Sega.com

Nokia is acquiring the assets Sega.com, the online unit and wireless game unit of Japanese game maker Sega. Sega.com’s multi-player technolo…

Media Publisher nabs $1.3M

Media Publisher, a software developer for rich-media publishing, has completed its first round of funding of $1.3 million, seven months afte…

Keynote Acquires Streamcheck

Internet performance measurement service Keynote Systems has acquired Toronto-based Streamcheck, a company that measures streaming-media per…

Jupitermedia Acquires DevX.com Network

Jupitermedia has acquired the assets of DevX.com for $2.25 million in cash, 200,000 restricted shares of Jupitermedia common stock and the a…

Alacritude Raises Additional $1.2 Million

Alacritude, the online research and reference service which includes eLibrary and Encyclopedia.com, has received $1.2 million in additional…

ON2 Gets Funding; Wins Big China Contract

On2 Technologies, the video compression technology company, has signed licensing agreements with Beijing E-World Technology, a consortium of…

UK Mobile Video Player Gets $12 Million

Alphamosaic, the mobile video software provider for the mobile world, has announced that it has secured $12 million in a Series B financing…

Adventive Bought Out By Andy Bourland

Adventive, the family of business-oriented discussion groups, has been bought out in a fire-sale by Andy Bourland, the founder of ClickZ (wh…

Space.com’s Road to Financing

A story on how Space Holdings, the parent company of Space.com, managed to get $4 million in venture funding in these tough times.

Space.com Receives $4 Million in Funding

Space Holdings, the parent company of Space.com, has received $4 million in a new round of financing from four of its original investors: B…

Jamdat Acquires Hexacto Games

Jamdat Mobile, a wireless game developer, is acquiring Hexacto Games, a provider of games for Palm, Pocket PC and 3G phone platforms. As a r…

MediaSpan Raises $4.5M in Funding

MediaSpan Group, a provider of pre-press software and Internet new-media programs for newspapers and radio stations, has landed an additiona…

Shazam Gets $6.6 M Funding

Shazam Entertainment, which runs a popular music recognition service for mobile phones in UK, has received $6.6 million in a new round of fu…

MFamily.com Acquires Geneology.com

MyFamily.com, one of the leading subscription community site, has bought out Geneology.com, the biggest geneology site. Financial details we…

Synacor Receives $6.5M Round

Synacor, the web content distribution firm which is targeting second tier ISPs with an alternative multi-media subscription service, has sec…

MakeMusic Raises $3 Million

MakeMusic (Nasdaq: MMUS) has completed a $3 million private placement of its common stock. The private placement includes an investment of $…

Gigex Acquires GameDaily E-mail Newsletter

Gigex, an interactive entertainment agency, has acquired GameDAILY, oneof the leading e-mail newsletters for video game industry professiona…

MyWeather Acquires WeatherPoint From Tribune

MyWeather Acquires WeatherPoint From Tribune Media Services: MyWeather, a provider of online weather applications, has bought out the Weathe…

Reuters to Buy Multex: Reuters,

Reuters to Buy Multex: Reuters, which has just announced a major restructuring, has also announced an agreement to buy the rest of Multex.co…