News/Media

Amazon

Amazon buys comedy service Rooftop Media to expand digital content

Amazon.com Inc (AMZN.O) is buying online comedy service Rooftop Media, a small deal that underscores the Internet retailer's broader ambition of becoming a media and entertainment powerhouse.

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Cast of AMC Studios' hit series, "The Walking Dead"

AMC Networks buys 49.9 percent stake in BBC America

AMC Networks Inc (AMCX.O) said on Thursday it agreed to pay $200 million for a 49.9 percent stake in BBC America and would take operational control of the cable television channel.

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Alibaba

Alibaba looking to expand Hollywood content offering: Bloomberg

Chinese e-commerce giant Alibaba Group Holding Ltd is looking to expand its entertainment content offering on its Internet television set-top boxes through deals with studios in the United States, Bloomberg reported, citing people familiar with the matter.

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Recruit Holdings

Online growth prospects help Japan's Recruit shine in market debut

Staffing firm Recruit Holdings Co Ltd (6098.T) surged in its market debut in Tokyo on Thursday, with investors leaping at a rare opportunity to grab part of a big Japanese company with strong online growth prospects.

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Voters for Hillary website

CrossClick Media Taps Clinton and Obama Campaign Call Center Veteran

CrossClick Media, Inc. (PINKSHEETS: XCLK) announced today the Company's management has retained Mr. Herschel L. Younger, a Call Center professional and a veteran of both Hillary Clinton senatorial campaigns in New York and both President Barack Obama's presidential campaigns.

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Bertelsmann

Bertelsmann to take full ownership of Gruner + Jahr

Germany's Bertelsmann (BTGGg.F) said on Monday it would take full ownership of Gruner + Jahr, publisher of magazines including Stern and Brigitte, as the German media conglomerate looks to speed up a late push into digital media.

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Reddit

Reddit raises $50 million in funding

Social news site Reddit Inc said it raised $50 million in funding in a deal that would see investors giving back 10 percent of their shares back to the site's user community.

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Elisabeth Murdoch

Elisabeth Murdoch to step down as Shine Group chairman

Elisabeth Murdoch, the daughter of media mogul Rupert Murdoch, will step down as the chairman of Shine Group when it merges with Endemol and Core Media Group Inc [CKXETM.UL], the Financial Times reported, citing people familiar with the matter.

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The Denver Post Chairman and Publisher William Dean Singleton

Denver Post publisher Digital First considering selling itself

Digital First Media, publisher of Denver Post and San Jose Mercury News, said it was considering selling itself as part of a review of its options.

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Michael Bloomberg

Michael Bloomberg to return as head of Bloomberg company

Former New York Mayor Michael Bloomberg will return as head of Bloomberg LP, the data and financial news company he founded, replacing Daniel Doctoroff who has decided to step aside, the company said on Wednesday.

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OpenRent

Northern and Shell Ventures awards advertising subsidy to online rental startup OpenRent

The deal would have OpenRent launch a national television advertising campaign and other media channels through the Northern & Shell Media Group in its bid to significantly increase the number of new landlords who have been utilizing its platform.

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Google

Google Launches News Publication Center: How Publishers Can Take Advantage of the Tool

Google, the giant search engine, recently launched the Google News Publication Center. While European publishers don’t necessarily favor this concept, US publishers see it as a welcome opportunity for them to have control over how Google indexes their particular site.

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Pinterest logo

Pinterest wins new funding, raising valuation to $5 billion

Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday. Pinterest, which allows users to create online bulletin boards based on various themes such as...

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Mode Media

US online publisher Glam rebrands as Mode Media after $15M funding round

Brisbane, California-based online publisher and ad firm Glam Media rebranded as Mode Media after raising $15 million in an unannounced funding round from undisclosed investors to launch a new video business in Los Angeles.

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Gala Television Corp (Gala TV)

Formosa Plastics agrees to acquire Taiwanese cable firm Gala TV

Kaohsiung, Taiwan-based business conglomerate Formosa Plastics Group agreed to acquire a 95% stake in Taiwanese cable network Gala Television Corp (Gala TV) from Swedish private equity firm EQT Partners for an undisclosed amount.

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