Archive - Feb 27, 2009Live Blog From House Hearing on Ticketmaster-Live NationAuthored by Mark Hefflinger on February 27, 2009 - 12:39pm.
Washington
- The Chicago Sun-Times provided live blog coverage from yesterday's hearing on
the proposed Ticketmaster-Live Nation merger before the House Judiciary
Committee's Subcommittee on Courts and Competition Policy. Among the highlights
was Chairman Hank Johnson's (D-Ga.) revelation that Ticketmaster is again allegedly
shunting customers looking to purchase face value tickets on Ticketmaster.com to
its TicketsNow secondary ticketing auction site -- this time for Leonard Cohen
concerts as opposed to Bruce Springsteen. "There is a risk that ticket
prices will increase and consumers will be harmed by this merger," Johnson
said.
New York Times to Launch Local Neighborhood BlogsAuthored by Mark Hefflinger on February 27, 2009 - 12:38pm.
New York
- The New York Times will debut a local neighborhood blog network next week, which
will cover "cultural events, bar and restaurant openings, real estate,
arts, fashion, health, [and] social concerns," according to an email sent
to Brownstoner.com republished by TechCrunch. The two pilot blogs will cover Fort Greene
and Clinton Hill in Brooklyn, and Milburn, Maplewood
and South Orange in New Jersey.
Jim Schachter, editor for digital initiatives at The New York Times, confirmed
the plan for TechCrunch, adding that the pilot blogs will be staffed by Times
reporters, and "expect to sell ads to local merchants using our telesales
and self-serve ad solution."
Slate Names Publisher of New Online Women's MagazineAuthored by Mark Hefflinger on February 27, 2009 - 12:36pm.
Washington
- The Slate Group, an online publishing unit of The Washington Post that
produces Slate, The Root, The Big Money and Foreign Policy, on Friday named
Peggy White as the publisher of Double X, a women's online magazine launching
later this year. White most recently served as the general manager of Yahoo
Finance, and previously was the vice president and general manager of
BusinessWeek online and vice president of sales and business development at
MSNBC.com. The company said that Double X will offer women's perspectives on
issues such as politics, culture and family. Slate already has hired Emily
Bazelon, Meghan O'Rourke and Hanna Rosin as editors of the new publication,
which will be based in New York.
Graphics Chipmaker Nvidia Names New CFOAuthored by Mark Hefflinger on February 27, 2009 - 12:35pm.
Santa Clara,
Calif. - Graphics chipmaker
Nvidia on Friday named David White as its executive vice president and CFO. He
succeeds Marvin Burkett, who announced his plans to retire in March 2008. White
most recently served for five years as the executive vice president and CFO at
Sanmina-SCI, and previously spent seven years as the CFO of Asyst Technologies.
Burkett, who has been the company's CFO for more than six years, is expected to
continue serving as a senior advisor.
Sony Announces Reorganization; Names Stringer PresidentAuthored by Mark Hefflinger on February 27, 2009 - 12:08pm.
Tokyo
- Sony (NYSE: SNE) on Friday announced a major reorganization of the company, forming two
new business groups and naming current chairman and CEO Howard Stringer to the
additional position of president of Sony. "This
reorganization is designed to transform Sony into a more innovative, integrated
and agile global company with its next generation of leadership firmly in
place," said Sony chairman, president and CEO Howard Stringer.
FremantleMedia Invests in Casual Games Publisher LudiaAuthored by Mark Hefflinger on February 27, 2009 - 11:29am.
London
- Television producer FremantleMedia announced that it has made a minority
equity investment in Ludia, a developer and publisher of interactive casual
games.
Kudelski Offers to Buy Rest of Interactive TV Firm OpenTVAuthored by Mark Hefflinger on February 27, 2009 - 10:32am.
San Francisco
- OpenTV, a San Francisco-based developer of interactive TV software and
services, said on Friday that it has received a $127 million offer from Swiss
content protection technology firm Kudelski Group to acquire shares of the
company that it doesn't already own.
Report: Entertainment & Media Deals to Slow in 2009Authored by Mark Hefflinger on February 27, 2009 - 10:22am.
New York - Merger and acquisition activity in the U.S.
entertainment and media industry fell significantly in 2008, down 17% in
overall transaction volume and declining to $74.6 billion in total deal value,
while almost all indicators suggest that 2009 activity will be significantly
less than in recent years, according to a report from PricewaterhouseCoopers.
Fortune: Hearst to Introduce E-book Reader This YearAuthored by Mark Hefflinger on February 27, 2009 - 10:06am.
New York
- Publisher Hearst Corp. plans to launch its own wireless e-book reader device
for reading newspapers, magazines and other content later this year, entering a
nascent market currently also occupied by Amazon's (NASD: AMZN) Kindle and Sony (NYSE: SNE) Reader,
Fortune reported, citing "industry insiders." Hearst's device is
expected to sport a much larger screen than the Kindle -- about the size of a
sheet of paper -- and will initially be offered in black-and-white with color
to be introduced in later iterations.
Cablevision to Charge for Online Access to NewsdayAuthored by Mark Hefflinger on February 27, 2009 - 9:06am.
New York
- Cable TV provider Cablevision (NYSE: CVC) announced this week that it plans to begin
charging for online access to its Newsday newspaper, which the company acquired
in a $650 million deal in May 2008, Reuters reported.
Buzz Watch: Transcript of Jim Griffin's Keynote at Digital Music Forum EastAuthored by Jay Baage on February 27, 2009 - 8:49am.
tags: Law | Music | Events | Regulation | Warner Music | Jim Griffin | Copyrights | Digital Music Forum East | Choruss |
3Sixty Acquires File-Sharing Site DivShareAuthored by Mark Hefflinger on February 27, 2009 - 8:40am.
Reston, Va. - 3Sixty Enterprises, a developer of
content sharing and publishing technology, said on Friday that it has acquired
Boston-based DivShare, the developer of a popular file-sharing site.
Qualcomm Acquires Mobile Video Firm Digital FountainAuthored by Mark Hefflinger on February 27, 2009 - 8:33am.
San Diego
- Wireless developer Qualcomm (NASD: QCOM) has acquired Digital Fountain, a provider of
mobile video technology, for an undisclosed sum, StreamingMedia.com reported.
Guest Column: Fiona Bloom's "Severe 70" Buzz Bands at SxSW 2009Authored by Jay Baage on February 27, 2009 - 8:10am.
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