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Zimbio raises $8.9 million for entertainment-centric content

Zimbio Inc. has raised $8.9 million for its popular entertainment website Zimbio.com and beauty do’s and don’ts site StyleBistro.com, led by Menlo Ventures.

Evernote secures a memorable $50 million to be a 'second brain'

Evernote won’t need its own service to remember today’s announcement that it has received a $50 million round of funding led by Sequoia Capital, with participation from Morgenthaler Ventures.

Virgin Mobile and Whooznxt Book Show Using SocMed

Whooznxt has expanded the opportunities it offers member bands, thanks to a partnership with Virgin Mobile USA. Big Bang Presented by Whooznxt is an original weekly series hosted on Virgin Mobile's Facebook lifestyle portal, Virgin Mobile Live, that showcases a chosen band with exclusive content. The bands will also be featured on Virgin Mobile Live 2.0, Virgin Mobile's streaming music station available on all Android devices.

PersonalWeb Melds with Brilliant Digital's Kinetech

Brilliant Digital Entertainment subsidiary Kinetech Inc. and Texas-based startup PersonalWeb Technologies confirmed the recent completion of an asset contribution that provided BDE with majority ownership of PersonalWeb. Kinetech contributed its Truenames patent portfolio to PersonalWeb as part of the transaction, but other business details were not available. The companies said the purpose of the agreement was to combine the technology, software development and intellectual property strengths of both companies.

Bitly morphs from link shortener to social sharing network

Bitly users were confronted today with a bookmarking and social sharing service almost unrecognizable from the link shortener that made its name.

Happy 71st birthday to FM radio

Say happy 71st birthday to FM radio. The very first commercial FM radio station was W47NV in Nashville, and it began broadcasting on March 1, 1941.

5 Questions With: Molly Neuman of Kickstarter

Music projects on Kickstarter are some of the most successfully funded according to Molly Neuman, Kickstarter’s first head of music. Molly’s diverse background in the world of music began as the former drummer of the band Bratmobile. She also co-owned the music label Lookout! Records and was the vice-president of the American Association of Independent Music before she was brought on to Kickstarter in January, 2016. Digital Media Wire had a chance to ask Molly some questions about her career, creative control on the Kickstarter platform, and how the music business always comes back to the people – the creatives, the fans, and the collaboration between all players that make these projects happen.

Guest Article: Success in SVOD Starts with Subscription Billing

The market for streaming video on demand (SVOD) is growing fast. A new report from Research and Markets predicted 306 million homes will use SVOD by 2020, up from an anticipated 161 million by the end of 2015. Moreover, by 2020, global SVOD revenue will reach $26,794 million, which is more than twice the total revenue expected in 2015. Many companies will successfully take advantage of this growing market, but others won’t make the cut. What makes a SVOD business successful?

NBA Social Media Awards are a first for pro sports [with...

The NBA held its Social Media Awards, a first for any professional sports league, honoring players and teams who have made the most impact on Facebook, Twitter and other social networks.

DirecTV Delivers NFL to PS3 and Android

Sony has announced a deal with satellite TV provider DirecTV that lets fans get the premium NFL Sunday Ticket package using a PlayStation 3...