Brody Rejoins AOL To Head Paid Services In Finance Re-Org; Gilt CEO Lyne Added To Post-Spin Board
PaidContent Nov 06 09
Ned Brody is re-joining AOL (NYSE: TWX) as EVP of paid services, leaving his role as founder and CEO of ARPUinc. He’ll be picking up where he left off in his former role at AOL as SVP of the company’s Premium Services unit—while there, he developed several new paid services and an API-driven billing system and the company will be hoping for more of the same as it looks to go it alone without Time Warner.
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Trade Publisher Penton To File For Chapter 11 Bankruptcy
PaidContent about an hour ago
Penton, the trade publisher, has filed for Chapter 11 bankruptcy protection, reports Folio.
Morningstar Acquires Financial Blog Footnoted.org
PaidContent about an hour ago
Morningstar has done an unusual and small acquisition: it has bought financial blog Footnoted.
WMG Finds Music Growth Overseas As U.S. CD Sales Skip
PaidContent 3 hours ago
Forget the last 10 years of post-Napster industry annihilation - Warner Music Group (NYSE: WMG) is now seeing growing income from both music sales and music publishing - but only if you factor in overseas sales; the U.
IAC Writes Down Search Business; Takes $1 Billion Loss For Q4
PaidContent 3 hours ago
IAC (NSDQ: IACI) bit an accounting bullet in Q4, taking a $991 million impairment charge for its search & media business—including Ask and excluding Citysearch.
Trinity Mirror Buying GMG Regional Media For £44.8 Million
PaidContent 6 hours ago
Trinity Mirror (LSE: TNI) still sees value in local newspapers, even if Guardian Media Group doesn’t.
Rusbridger: 'iPad Could Produce Significant Revenue Streams'
PaidContent 6 hours ago
It’s not exactly a great leap from publishing an iPhone app to offering one on the soon-to-be-released iPad - not only will the former will run on the latter; the skillset for developing the latter won’t be significantly different.
Barnes & Noble's Nook Heads To (Most) Stores
PaidContent 9 hours ago
When Barnes & Noble (NYSE: BKS) announced its Nook e-reader in October, the ability to pursue a dual in-store and online sales strategy appeared to be one of the clear advantages it might have over Amazon (NSDQ: AMZN).
Zagat Books A Table With Foursquare; Restaurant Maven Reaches For Mobile App's Cool Factor
PaidContent 9 hours ago
Location-based social net Foursquare is on a roll when it comes to netting high-profile media partnerships.
Redpoint Closes A New $400 Million Fund
PaidContent 11 hours ago
Redpoint Ventures, the VC firm that has backed a long list of digital media companies, including in recent months ad provider Impact Radius and video search engine Clicker, has closed a new $400 million fund.
Research: Internet Has Eaten Newspapers' Ads
PaidContent 11 hours ago
Hark, the herald angels sing! Total ad spend will rise this autumn, after nine consecutive quarters of annual decline, according to an Advertising Association and WARC forecast.
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