Online Ad Network Burst Media Acquires OTP Media

By
Mark Hefflinger
-
0

Burlington,
Mass. – Burst Media, an online ad
network for independent publishers, announced on Wednesday that it has acquired
OTP Media, a U.K.-based ad network.

Financial terms of the deal were not
disclosed.

Founded in 2002, On The Phone Media focuses on premium advertising
across parenting, automotive, sport, food and entertainment verticals.

Massachusetts-based
Burst said it was the sixteenth-largest ad network in the U.K. in February, reaching nearly 12.3 million
users, and noted that its purchase of OTP will further enhance its presence in
the U.K.
market.

 

Related Links:
http://snipurl.com/vb3jh

http://www.otpmedia.com

http://www.burstmedia.com

Digital Ad Network Zoom Acquires Ad Sales Team Sports Display

By
Mark Hefflinger
-
0

New York
– Zoom Media & Marketing, an operator of out-of-home digital ad networks in
over 10,000 venues, announced Wednesday that it has acquired the assets of
Sports Display, a company that places local ads in such networks.

Financial
terms of the transaction were not disclosed.

New York-based Zoom counts over
25,000 digital screens and over 55,000 billboard locations, which reach over
100 million monthly viewers in fitness centers, restaurants and nightclubs.

Sports
Display has a local ad sales team of over 100, who previously collaborated with
Zoom to sell ads on the company’s network.

The deal marks Zoom’s sixth
acquisition in the past 18 months.

 

Related Links:
http://snipurl.com/vb3gv

http://www.sportsdisplay.com

http://www.zoommedia.com

Gdgt Lands $3.2 Million for User-Generated Gadget Reviews

By
Mark Hefflinger
-
0

New York
– User-generated gadget reviews site gdgt has raised $3.165 in a round of new
funding led by Spark Capital and True Ventures, The Wall Street Journal
reported.

Previous backers Betaworks, AOL Ventures, Lerer Media Ventures, and a
number of individual investors also participated in the round.

New York-based
gdgt was founded by the co-creators of respected gadget blogs Gizmodo and
Engadget, Pete Rojas and Ryan Block.

Block told The Journal that gdgt counts
"hundreds of thousands" of registered users, and catalogs nearly
17,000 gadgets.

The Journal also notes that Rojas has left the digital music
site he created, RCRD LBL, but remains on the board.

 

Related Links:
http://snipurl.com/vb35a
(WSJ)

http://gdgt.com

Foursquare

By
Mark Hefflinger
-
0

Report: Yahoo in Talks to Acquire Location Service Foursquare

By
Mark Hefflinger
-
0

Sunnyvale,
Calif. – Yahoo (NASD:  YHOO) is in talks to
acquired location-sharing startup Foursquare for as much as $100 million,
Business Insider reported, citing "sources close to bankers involved in
Foursquare’s current fundraising efforts." A "source close to
Yahoo" confirmed that the company has held discussions with New York-based
Foursquare, whose location-based mobile network was launched last year.

The
company has to date raised at least $1.35 million in angel funding, and reports
have indicated the company has been talking to venture capitalists such as
Khosla Ventures, Accel Partners and Andreessen Horowitz on additional financing
at a valuation of $80 million.

Yahoo declined to comment on the story for
Business Insider.

 

Related Links:
http://snipurl.com/van0r
(Business Insider)

http://www.foursquare.com

Report: Nokia to Release Tablet PC This Year

By
Mark Hefflinger
-
0

Espoo, Finland – Nokia (NYSE: NOK) is developing a
tablet computer that is expected to begin selling later this year, Reuters
reported, citing Rodmand and Renshaw analyst Ashok Kumar. "You don’t want
to give that much of a lead to Apple because it otherwise becomes
insurmountable. Right now the supply chain is being primed up for a fall
release. It has to be on the shelf by September-October to meet demand for the
holiday window," Kumar wrote. Analysts speculate that the Nokia tablet
would run either Microsoft’s Windows, or the MeeGo operating system.


 

Related Links:
http://snipurl.com/vamkw
(Reuters)

Lionsgate, Saban Capital Form Tiger Gate Joint Venture

By
Mark Hefflinger
-
0

Los Angeles – Canadian film
studio Lionsgate (NYSE: LGF) announced on Tuesday that it has partnered with private
investment firm Saban Capital Group to form Tiger Gate, a joint venture pay-TV
channel and distributor of TV shows and action and horror films across Asia. Established in 2008, Tiger Gate currently operates
the Thrill and Kix channels in Indonesia,
and plans to expand to Hong Kong and Singapore
later this month, and elsewhere in Asia this
year.


 

Related Links:
http://snipurl.com/vaitp

http://www.saban.com

http://www.lionsgate.com

Netflix to Offer iPhone Instant Streaming Application

By
Mark Hefflinger
-
0

Los Gatos,
Calif. – Netflix (NASD: NFLX) has announced in
a blog post that, following the release of an application for Apple’s iPad that
allows instant streaming of movies and TV shows, the company will offer a
similar application for the iPhone. "For those of you asking whether
Netflix will be on the iPhone and iPod Touch: We wouldn’t invite you to dinner
without planning to serve dessert. In other words, we’re working on it so stay
tuned," wrote Netflix vice president of corporate communications Steve
Swasey.


 

Related Links:
http://blog.netflix.com/2010/04/netflix-on-iphone.html

March Madness on Demand Player Streams 11.7 Million Hours

By
Mark Hefflinger
-
0

New York – CBSsports.com announced that its March Madness on
Demand player streamed more than 11.7 million hours of live audio and video
during the NCAA men’s basketball tournament, up from 8.6 million last year and
4.92 million in 2008. The player also attracted 8.3 million unique visitors,
compared with 7.52 million in 2009.


 

Related Links:
http://snipurl.com/vame6
(PaidContent)

Electronic Arts Releases "Tiger Woods PGA Tour Online"

By
Mark Hefflinger
-
0

Redwood City,
Calif. – Electronic Arts on
Tuesday announced the launch of Tiger "Woods PGA Tour Online," a
browser-based golf game that requires no game installation, no disc and no
additional peripherals. The basic game is free to play, with users also able to
pay monthly or yearly memberships, at $9.99 and $59.99 respectively, for
premium features.


 

Related Links:
http://tigerwoodsonline.ea.com

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