Adteractive Secures $5.1 Million for Online Ad Lead Generation

By
Mark Hefflinger
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0

San Francisco – Adteractive, a provider of online
advertising lead generation services, has secured $5.1 million in new funding,
TechCrunch reported, citing a regulatory filing.

Founded in 2000, San
Francisco-based counts Netflix, eMusic and a number of U.S. colleges among its
clients, and says it delivers 1.5 million customers and leads monthly.

This is
the company’s first outside funding round, TechCrunch noted.

 

Related Links:
http://techcrunch.com/2011/01/19/adteractive-funding

http://www.adteractive.com

Music Marketer FanBridge Gets $2 Million, Acquires Damntheradio

By
Mark Hefflinger
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0

New York – FanBridge, a provider of digital marketing
services for artists and bands, announced that it has officially closed its $2
million, first round of financing, and acquired Damntheradio, a service that helps
artists build Facebook fan pages.

Financial terms of the acquisition were not
disclosed.

Investors in New York-based FanBridge’s financing round included Alex
Zubillaga, Chris Fralic, Founder Collective, 500 Startups, Maurice Werdegar,
Matt Keiser and existing seed investors Jeff Clavier, Chris Sacca, Founders
Fund and Dave McClure.

FanBridge said Damntheradio will form the foundation of
a new San Francisco office.

The company has created Facebook pages for
customers including Warner Music Group, Sony Music, EMI and "American
Idol."

 

Related Links:
http://tinyurl.com/4wesfle
(FanBridge blog)

http://www.fanbridge.com

http://www.damntheradio.com

Komli Lands $15 Million for Asia Pacific Digital Media Network

By
Mark Hefflinger
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0

Mumbai, India – Komli Media, the operator of a digital media
network in the Asia Pacific region, announced on Wednesday that it has raised
$15 million in new funding, led by Norwest Venture Partners.

Previous backers
Nexus Venture Partners and Helion Venture Partners also participated in the
investment round.

Mumbai-based Komli’s digital media network represents more
than 2,000 sites, including Facebook and Bloomberg, in the region.

The company
will use the funds to fuel expansion in India and key Asia Pacific markets, and
to further develop its media network and audience management businesses.

 

Related Links:
http://tinyurl.com/4fbk7v8

http://www.komli.com

 

Podcast Distributor Wizzard Media to Raise $3.08 Million

By
Mark Hefflinger
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0

Pittsburgh – Wizzard Media, the operator of a podcasting
network, announced on Wednesday that it will raise $3.08 million through a
registered direct offering of shares.

Pittsburgh-based Wizzard provides podcast
publishers with distribution and monetization services. Its 16,700 clients
include Microsoft, NPR and National Geographic.

"We see significant growth
opportunity for our podcast Apps business and with this capital raise we
believe we can now accelerate the growth of our mobile media business to keep
up with the rapidly changing entertainment consumption habits of consumers
worldwide," said Wizzard CEO Chris Spencer.

"This transaction, along
with the conversion of all of our outstanding preferred shares to common stock
and retirement of all debt, will put our balance sheet and capitalization
structure in a much stronger position which should in turn help increase
shareholder value significantly as our media business accelerates with the
continued growth of mobile devices."

 

Related Links:
http://tinyurl.com/49pyos5

http://www.wizzardsoftware.com

Time Warner: Netflix Must Charge $20 to Get HBO Content

By
Mark Hefflinger
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0

New York – A "high-placed Time Warner (NYSE: TWX) executive"
tells The Hollywood Reporter that Netflix (NASD: NFLX) needs to raise the price of its
streaming-only service from $7.99 to $20 month, before the company would
consider licensing HBO TV shows. "HBO believes in content exclusivity,
especially for high-value content. That’s our rationale for not selling
streaming rights to a competing subscription service, Jeff Cusson HBO SVP of
corporate affairs, told THR, adding, "[HBO] has no intention of making its
content available for streaming on Netflix."

 

Related Links:
http://tinyurl.com/47zo6s9
(Hollywood Reporter)

Beatles iTunes Sales Top 5 Million Songs, 500K Albums

By
Mark Hefflinger
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0

Los Angeles – Over 5 million Beatles songs and over half a
million full albums have been sold from Apple’s iTunes Store since the tracks
first became available for purchase digitally on Nov. 16, according to The
Hollywood Reporter. The tracks
and albums are being offered for $1.29 and $12.99, respectively. The
top-selling Beatles track on iTunes so far is "Here Comes the Sun."

 

Related Links:
http://tinyurl.com/6l78ol9
(Hollywood Reporter)

Netflix Removes "Add to DVD Queue" From Streaming Devices

By
Mark Hefflinger
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0

Los Angeles – Netflix (NASD: NFLX) has removed the ability for users to
add DVD titles to their queues from streaming devices like smartphones and game
consoles, prompting some negative comments from users, CNET reported. Netflix
said it removed the feature so as not to "complicate the instant watching
experience and tie up resources that are better used to improve the overall
streaming functionality."

 

Related Links:
http://blog.netflix.com/2011/01/removing-add-to-dvd-queue-from.html

http://news.cnet.com/8301-1023_3-20028719-93.html

CD Baby Expands Publishing Service to Authors With BookBaby

By
Mark Hefflinger
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0

Portland, Ore. – CD Baby, a provider of CD and digital music
distributions services for independent artists, has expanded its service with
the launch of BookBaby, which offers to help authors self-publish and
distribute their titles. For $149, the service will offer authors 100% of net
sales revenue generated via sales of their titles through CD Baby on Amazon,
iTunes, Barnes & Noble, Sony and eventually Google.

 

Related Links:
http://tinyurl.com/6jlfk4b

http://www.bookbaby.com

Universal, Sony Music Plan "On Air, On Sale" Policy for Singles

By
Mark Hefflinger
-
0

London – Major record labels Universal Music and Sony (NYSE: SNE) Music
plan to begin releasing singles for sale in the U.K. on the same day they
premiere on the radio, the Guardian reports.

Typically, singles were played up
to six weeks on radio before being released commercially, but the labels’
research found that "searches or songs on Google or iTunes were peaking
two weeks before they actually became available to buy," Universal Music
CEO David Joseph told the Guardian.

"It’s out of date to think that you
can build up demand for a song by playing it for several weeks on radio in
advance," Joseph added.

Sony and Universal plan to launch the "On
Air, On Sale" policy next month.

 

Related Links:
http://tinyurl.com/4pgez3g
(Guardian)

Report: Kiosks Overtake In-Store Movie Rentals in Market Share

By
Mark Hefflinger
-
0

Port Washington, N.Y. – The share of DVDs and Blu-ray disc
titles rented from Redbox (NASD: CSTR) and other standalone DVD rental kiosks overtook the
share of titles rented from retail stores for the first time ever in the U.S.
last year, according to a report from market research firm NPD Group.

During
the third quarter of 2010, Netflix (NASD: NFLX) and other subscription services accounted
for 41% of rentals, followed by kiosks with 31%, and in-store rentals at 27%.

The share of titles rented from kiosks was up 10 percentage points from a year
ago, while in-store rental share declined by 13 points.

"The rental
landscape for DVDs and BDs continues to shift, and consumers are obviously
responding positively to the perceived value and convenience of kiosks,"
said NPD analyst Russ Crupnick.

"Traditional video retailers will no doubt
experience even more competition in the coming year, as kiosks appear more
frequently in grocery store chains, mass merchandisers, and quick-serve
restaurants, and as competition intensifies from an assortment of on-demand
rental offerings."

 

Related Links:
http://www.npd.com/press/releases/press_110117.html

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