All aboard the paid content bandwagon: having signaled that its newly acquired Businessweek.com may raise the paywall for certain types of content, Bloomberg is now considering charging Bloomberg.com users up to $1,000 a year to access certain areas of the site from next year.
WSJ reports, citing sources, that Bloomberg.com could sell subscriptions to certain news feeds, bringing the company’s consumer-facing division closer to its subscription only Bloomberg Professional service, which costs $1,500 a month.
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Large media mutual funds appeared to be taking advantage of low-priced stocks and making bets on an improved advertising environment in the third quarter, beefing up on shares of CBS (NYSE: CBS) and News Corp (NYSE: NWS).
China’s Shanda (NSDQ: SNDA) is adding online video to its growing digital media empire, through the acquisition of user-gen video site Ku6.
Three private equity houses are investing $180 million in web portal Sina (NSDQ: SINA), one of China’s biggest online businesses, according to reports from Reuters.
It calls itself “the ultimate BitTorrent source”, but P2P tracker Mininova has now removed almost all links to copyrighted content after complying with a cease-and-desist court ruling in August from Dutch entertainment rightsholder group Brein.
As I reported on Tuesday, a strategy review with which the BBC Trust has charged director-general Mark Thompson with leading seems certain to downsize the BBC’s online heft - and perhaps cut some digital channels, too - in response to commercial rivals’ concern.
» Playboy’s sale talks moving fast, according to our sources, and Iconix is still in there strong.
UK’s Telegraph Media Group editor-in-chief Will Lewis is becoming the company’s managing director for digital, and will head a new “entrepreneurial” division with 50 staff to lead the company’s search for new revenue streams.
With both Microsoft (NSDQ: MSFT) and Yahoo (NSDQ: YHOO) overhauling the user interfaces of their search engines, it only made sense that Google (NSDQ: GOOG) would want to tweak the look of its site too.
With both Microsoft (NSDQ: MSFT) and Yahoo (NSDQ: YHOO) overhauling the user interfaces of their search engines, it only made sense that Google (NSDQ: GOOG) would want to tweak the look of its search engine too.
» LinkedIn’s CEO says an IPO is not in the company’s near-term plans.