by Mark Walsh on Aug 6, 11:48 AM
Wi-Fi provider Boingo Wireless has introduced a
new advertising option aimed at helping marketers drive app downloads. The new ad offering lets mobile users download a featured app in return for a period of free Wi-Fi access, with campaigns priced on a cost-per-install (CPI) basis. When logging in to the Boingo service, a user will see a screen offering a minimum of 30 minutes of free Wi-Fi access for downloading an app from the iTunes App Store or Google …
by Joe Mandese on Aug 5, 5:03 PM
In the third, and arguably most significant, print media company sale in as many days, Amazon founder Jeff Bezos agreed to acquire The Washington Post Co., including flagship newspaper The Washington Post, for $250 million. The news follows two other print media company sales over the weekend: Boston Red Sox owner Fenway Sports Group's acquisition of the New York Times Co.'s New England Media Group, including The Boston Globe; and International Business Times owner IBT Media's acquisition of Newsweek from IAC.
by Mark Walsh on Aug 5, 12:41 PM
LinkedIn on Monday announced that users can now apply for jobs directly through its Android and iOS apps. That step comes a month after the online professional network let members search for jobs via mobile. The company said 30% of members who view jobs on LinkedIn come from mobile. “We have heard from many of you that you want the ability to apply directly from your mobile device but that managing and editing resumes on a small screen can be challenging. With that in mind, …
by Joe Mandese on Aug 3, 6:59 PM
IBT Media, the parent of the International Business Times Saturday announced said it agreed to acquire Newsweek from IAC. Terms were not disclosed, but IBT said the deal includes the Newsweek brand, but not The Daily Beast.
by Joe Mandese on Aug 3, 9:24 AM
The New York Times Company has agreed to sell its New England Media Group, the division that includes The Boston Globe, to a company owned by John W. Henry, the principal owner of Fenway Sports Group (the Boston Red Sox), for $70 million in cash. The all-cash deal is expected to close in 30 to 60 days. The Times Co. said it plans to use the net proceeds for general corporate purposes.
by Wayne Friedman on Aug 2, 10:16 PM
CBS stations in New York, Los Angeles, Dallas and several other markets -- as well as CBS owned cable networks -- have been dropped late Friday afternoon from Time Warner Cable systems all to due failed carriage negotiations. Reports suggest CBS was looking to secure a deal which would pay them $2.00 per subscriber per month from the second largest U.S. cable operator, this up from a deal made five years ago, which is believe to had a price tag of around 60 cents per subscriber per month. A statement from CBS said: “Effective 5:00 PM Eastern Time, Time …
by Mark Walsh on Aug 2, 6:28 PM
Yahoo on Friday announced acquiring social Web browser Rockmelt as it continues to snap up engineering talent and technology at a torrid pace to enhances its online and mobile offerings. Terms of the deal were not disclosed, but the purchase price was between $50 million and $80 million, according to
Reuters, citing a source close to the situation. Yahoo plans to shut down the existing Rockmelt product in 30 days and integrate the technology into its own media platform “to deliver the best experiences to our users in new and exciting ways,” according to a company blog post today. …
by Mark Walsh on Aug 2, 2:06 PM
Jeff Lanctot, former chief media officer at Razorfish, confirmed on Friday that he’s leaving the digital agency he initially joined more than a decade ago. "The handful of rumors, tweets, posts and stories are true. After 12 great years at AveA/AQNT/Razorfish, I've decided to move on," he said via his Twitter account. In a separate tweet, he added he's taking August off “to recharge, and consider a number of exciting options.” His …
by Mark Walsh on Aug 1, 3:56 PM
Social media management platform HootSuite on Thursday announced securing a whopping $165 million in second-round funding led by Insight Venture Partners and including Accel Partners and existing backer OMERS Ventures. That amount dwarfs the approximately $25 million it had raised previously. HootSuite, which helps companies manage and track their presence on social media platforms like Facebook, Twitter and LinkedIn, said it now has more than 7 million users globally and counts 237 of the Fortune 500 among its clients including PepsiCo, Sony Music, HBO and UPS. In the last year, the Vancouver-based company said its staff has …
by Mark Walsh on Aug 1, 1:45 PM
Ahead of its second-quarter earnings release today, LinkedIn unveiled a more in-depth set of analytics for company pages on the professional networking site. The updated analytics service allows companies to see which posts drive the greatest engagement, shows interaction trends by type and time period, and provides more detailed demographic data about followers, according to a LinkedIn
blog post today. Gaining more insight on response to page posts could help companies determine which to promote via LinkedIn’s new Sponsored Updates, the news feed ads the company formally launched last month.