TechCrunch reports that iSocket has raised $5 million in its recent round of funding. The funding round was led by Time Warner Investments, with participation from Condé Nast, R&R Venture Partners (a fund created by former Time Warner CEO Dick Parsons and Ronald Lauder), and investor Vivi Nevo. iSocket provides tools for selling online advertisements and focuses on sales where publishers have a direct contact with the advertiser. Read More
Bloomberg reports that Apple Inc. is in talks with Time Warner Inc. (TWX)’s HBO to begin carrying their app HBO Go on their network later in the year, as per two people informed on the situation. Read More 73 comments
Time Warner Inc. today announced that Kevin Tsujihara will become the next Chief Executive Officer of Warner Bros. Entertainment, succeeding Barry Meyer, who will remain as Chairman through . Read More 4 comments
Ad platform GumGum and Oboxmedia have entered a partnership that the companies said will bring in-image advertising to Canada for the first time. Read More
Cartoon Network, which is number one with boys, will be streaming its on-air content live on CartoonNetwork.com and via Apple devices. Read More one comment
DC Entertainment’s iconic Justice League characters are the face of We Can Be Heroes, a charitable initiative to aid the Horn of Africa that will be supported across all of Warner Bros. Entertainment’s and Time Warner’s businesses and advertising platforms for two years. Read More
Sprint Nextel Corp. is reportedly talking with cable companies about a possible acquisition of Clearwire Corp., according to a Bloomberg story that cited three sources familiar with the situation.
Earlier this summer Clearwire announced their decision to light up a 4G LTE network, and that they were looking for $600 million in additional funding to secure their position in this project. According to Bloomberg’s sources, Bright House, Comcast, Time Warner and Sprint are currently working to get Clearwire the necessary funds [...].