"Merger and acquisition activity in the media sector should stay high and could even increase next year, according to Susquehanna Financial Group, as mature businesses seek to spur their growth and private-equity firms remain awash in cash."
"Four major media companies, including News Corp.'s Fox, Viacom Inc., CBS Corp. and General Electric Co.'s NBC Universal, are in talks about creating a video Web site to compete with Google Inc.'s YouTube, according to people close to the situation."
"Some 40% of broadcast viewing in homes with DVRs occurs using those devices...If the networks continue to be paid only on the basis of live viewing, lost revenue could be as much as $600 million next year compared with an estimated $300 million in 2006."
"In a new patent application, Microsoft describes a system for DVR-based targeted advertising that aims to "deliver ad messages to specific viewers." The system involves a DVR, an advertising data store and software to manage ad presentation."
"Yahoo should make a bid to buy Dow Jones & Co., writes Eric Savitz, West Coast editor of Barron's, a Dow Jones publication. "No one around here would complain if Yahoo made a bid at a very large premium." Yahoo would be acquiring WSJ.com, "the leading pa
"The New York Times unveiled a new service today that allows readers to quickly post stories that they find on the newspaper's Web site to Digg, Facebook and Newsvine."
"Wikipedia founder Jimmy Wales says his for-profit company, Wikia Inc., will give away all the software, storage and network access that Web-site builders need to create community collaboration sites. Bloggers will be provided 100% of any advertising reve