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Digital Media Wire | connecting people & knowledge
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Blog Title: Digital Media Wire | connecting people & knowledge

A daily briefing of the most important news stories about the business of digital media & entertainment.

Blog Details

Overall rank: 3443
Number of inbound blogs: 771
Number of incoming links: 1674
RSS: RSS feed
Last update: 2007-10-07 05:03:34 GMT
Estimated value: $1,134,249

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Outgoing clicks since last reset: 88

Latest Posts

SellaBand Partners on ArenaFest "Live Social Network" Tour

Amsterdam - SellaBand, a fan-financed recordings venture for unsigned artists, announced on Monday that it has partnered with Arena Works Entertainment on ArenaFest, a festival tour of 91 venues that will feature unsigned bands, extreme sports, video game tournaments and even a dating game in what are being billed as "the first live social network event(s) ever."

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DMW Vlog: Are Performance Guarantees The Future Of Television Advertising?


New York - Most television executives have come to realize that advertisers, in the coming years, will put more and more money into online media where they can be guaranteed a captive, engaged audience, with an intention to buy. While still making billions of dollars from selling 30-second spots, how do you make sure you don’t trade analog dollars for digital pennies? Will TV networks that do not free up their programming and move to a digital platform find themselves the prime-time equivalent of Kodak’s 35 mm film business? Watch these exclusive interviews with two top industry analysts, IBM's Bill Serrao (above) and Accenture's David Wolf (below), from DMW’s Future of Television Forum East and note how differently they approach the subject of performance guarantees for television advertisers. Also don't miss the video of their presentations at the event as well as a great panel on the future of television advertising (embedded below).

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Report: Holiday Online Shopping Season Off to Strong Start

Reston, Va. - Online bargain-hunters were expected to flood the Internet on Monday in search of deals on "Cyber Monday," the unofficial kickoff of the online holiday shopping season. According to comScore, the online holiday shopping season already is off to a strong start, with sales on Black Friday up 1% from a year ago. Combining Thanksgiving Day and Black Friday, online sales rose 2%, the firm said.

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Sprint Nextel Completes WiMAX Deal with Clearwire

Reston, Va. - Completing a deal seven months in the making, Sprint Nextel (NYSE: S) said on Monday that it has officially merged its new high-speed wireless network with a similar network from Kirkland, Wash.-based Clearwire.

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Redstone Sells Majority Stake in Midway Games

New York - Sumner Redstone, whose National Amusements holding company controls Viacom (NYSE: VIA), CBS, Paramount Pictures and other media assets, is expected to announce on Monday that he will sell its 87% majority stake in Midway Games (NYSE: MWY) to investor Mark Thomas, The Wall Street Journal reported. National Amusements will receive just $100,000 in cash for the struggling game publisher, while Thomas will also assume $70 million in secured and unsecured debt.

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Report: Microsoft in Talks to Acquire Yahoo's Search Business

London - Microsoft (NASD: MSFT) is once again reportedly in talks to acquire Yahoo's (NASD: YHOO) search business for $20 billion, according to the U.K.'s Times Online. Under the reported terms, Microsoft would invest $5 billion in the new search division, to be led by former AOL CEO Jonathan Miller and former Fox Interactive Media president Ross Levinsohn.

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Microblogging Firm Pownce Acquired by Six Apart, Shut Down

San Francisco - Pownce, a microblogging and file-sharing service created by Digg founder Kevin Rose, announced on Monday that it has been acquired by Six Apart, developers of blogging tools including Vox, Movable Type and TypePad, for an undisclosed sum.

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Band Metrics Gets Angel Funding

Atlanta - Band Metrics, a provider of Web-based analytics tools for the music industry, announced that it has raised an undisclosed amount of angel financing, led by investor Allen Graber.

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Video Services Firm The FeedRoom Acquires ClearStory

Westborough, Mass. - The FeedRoom, a provider of online video software, has completed its acquisition of ClearStory Systems, a Massachusetts-based digital asset management software provider.

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Huffington Post's New Funding Round Totals $25 Million

New York - News and opinion website The Huffington Post announced on Monday that it has raised $25 million in new financing, bettering the $15 million that had been mentioned in earlier reports on the investment.

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