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Adconion Media Group

Video Service Joost Sells Assets to Adconion Media Group

Authored by Mark Hefflinger on November 24, 2009 - 8:26am.
Santa Monica, Calif. - Adconion Media Group, the operator of an online ad and content network, announced on Tuesday that it has acquired Joost, the streaming TV service founded by the creators of Kazaa and Skype. Financial terms of the transaction were not disclosed. Founded in 2007 by Niklas Zennstrom and Janus Friis, Joost has raised about $50 million in funding for its peer-to-peer-based video distribution service.
tags: Deals | Video | Advertising | P2P | Acquisitions | Joost | Adconion Media Group | Janus Friis | Niklas Zennstrom |

Adconion Media Group Acquires KTV Digital Media

Authored by Mark Hefflinger on November 20, 2008 - 9:52am.

Santa Monica, Calif. - Adconion Media Group, a provider of branding campaigns for ad agencies, direct advertisers and premium websites, announced on Thursday its acquisition of KTV Digital Media, a production studio, content distribution network and operator of video sites.

tags: Deals | Video | Marketing | Advertising | Acquisitions | Adconion Media Group | KTV Digital Media | RedLever |