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Online Music Store Masterbeat to Merge with AudioStreet

New York - Masterbeat, the operator of an online digital music community and download store, announced on Thursday that it will merge with AudioStreet, a network...

WPP Invests in TV Ad Analytics Firm Ace Metrix

New York - Advertising giant WPP announced that it has made a strategic investment in Ace Metrix, a provider of real-time TV advertising analytics. Financial terms...

AOL Sells Social Network Bebo; Receives Fraction of What it Paid

New York - Two years after paying $850 million for Bebo, AOL said on Thursday that it has sold the social network to Criterion Capital Partners...

Mobile Ad Network Apptera Raises $10 Million

San Bruno, Calif. - Apptera, a provider of mobile advertising technology, has raised $10 million in new funding, TechCrunch reported, citing a regulatory filing. Founded in 2001,...

Redbox Strikes Deal with Paramount For New Releases On Day Of...

Oakbrook Terrace, Ill. - Redbox, a unit of Coinstar (NASD:  CSTR) that operates a network of $1-per-day DVD rental kiosks, has signed a long-term agreement with...

IBM Acquires Web Analytics, Marketing Firm Coremetrics

Armonk, N.Y. - IBM announced on Tuesday that it will acquire Coremetrics, a provider of Web analytics software. Financial terms of the transaction were not disclosed. Founded...

Social Marketer Context Optional Acquires Buzzeo

San Francisco - Context Optional, a provider of social marketing services, announced on Tuesday that it has acquired Unwrap, the makers of Buzzeo -- a platform...

Machinima.com Raises $9 Million for Video Game Movies

Los Angeles - Machinima.com, a producer of video game-based animated films, has raised $9 million in new funding, led by Redpoint Ventures. Founded in 2000, Machinima.com is currently...

Reports: Softbank Invests $147 Million in Social Gamer Zynga

San Francisco - Social games developer Zynga has received a $147 million new investment from Japan's Softbank, BusinessWeek reported, citing two people familiar with the deal....

News Corp. Buys Hearst's Skiff, Backs Brill's Journalism Online

New York - Rupert Murdoch's News Corporation (NYSE: NWS) announced on Monday that it has acquired Skiff, Hearst Corp.'s e-reading platform, and also made an investment in Journalism...