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BlackArrow Raises $20 Million For On-Demand TV Advertising
Mon, 06 Oct 2008 04:01:10 GMT
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TV advertising doesn't have to be just on TV. That's the premise behind BlackArrow, a startup that caters to the cable industry by offering a way to place ads on broadband Web video, on-demand TV, and digital-video recorders (with unskippable ads). The company is announcing a new $20 million round of funding from existing investors Cisco Systems., Comcast Interactive Capital, Intel Capital, Mayfield Fund and Polaris Venture Partners.
BlackArrow lets cable companies and TV networks show the same ads on the Web and on other platforms as they do on TV, making it easier to do bundled sales.
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MySpace Music Streamed Its Billionth Song ?A Few Days? After Launch...
Mon, 06 Oct 2008 00:03:11 GMT
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 It took iTunes nearly three years to get to 1 billion song downloads. MySpace Music streamed a billion songs in just a few days after it launched on September 25. And while this isn't a fair comparison (songs on MySpace are free to stream; on iTunes users were paying $0.99 each), it's an incredible milestone.
What MySpace won't say for some reason is what the billionth song was, or when exactly it was streamed (which would be nice for trivia purposes). But they are confirming that the billionth stream was initiated sometime last week, just a few days after launch. They are also issuing a rather convoluted statement:
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Bad Karma At contentSutra. Site Sputters After Being Bought By The Guardian....
Sun, 05 Oct 2008 19:36:56 GMT
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Only three months after the British newspaper publisher The Guardian Group bought Rafat Ali's ContentNext Media and his collection of blogs for a reported $30 million, one of those blogs is sputtering badly. The blog in question is contentSutra, the Indian counterpart to its bigger and better known brother, paidContent (both cover the business of digital media). Until recently, contentSutra was ContentNext's second biggest blog, even beating out mocoNews.
But if you look at it now, traffic has dropped off a cliff. Posts are sporadic, and mostly consist of news roundups or the occasional post from the editors at paidContent. ContentNext and the Guardian are currently in talks with media companies in India for possible syndication and cross-promotion deals. Rumors are going around that ContentNext has been in talks with HT Media (publisher of the Hindustan Times), 9.9 Media, and others. We also received an unconfirmed tip that the Guardian is trying to unload contentSutra all together, but Rafat Ali says that is not true.
In any event, the site is not doing as well as it once did. The editor who built up contentSutra for two years, Nikhil Pahwa, left at the end of May, and launched his own competing blog, Medianama, a month later on June 27.
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