Red Arrow Entertainment Group

Red Arrow picks up majority stake in US entertainment firm Half Yard for over $40M

Unterfoehring, Germany-based production and distribution firm Red Arrow Entertainment Group picked up a majority stake in Bethesda, US-based entertainment firm Half Yard Productions in a deal estimated to be valued at more than $40 million.

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Reservoir Media Management

American music publisher Reservoir Media picks up catalogue of First State Media

New York City, US-based music publisher Reservoir Media Management picked up the music catalogue of Ireland-based First State Media Group for an undisclosed amount to increase its list to 75,000 songs.

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Singapore's DDB Group Asia Pacific acquires 22feet to help develop India's digital marketing solutions sector

Singapore-based business consortium DDB Group Asia Pacific acquired Bangalore, India-based digital marketing firm 22feet for an undisclosed amount in a bid to be the leader in the development of India's digital marketing solutions industry.

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A screen grab shows the access to Netflix online

Netflix to pay Comcast for faster speeds

Netflix has agreed to pay one of the largest broadband providers in the United States Comcast Corp for faster speeds, throwing open the possibility that more content companies will have to shell out for better service.

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South African e-commerce site Naspers Ltd announces CEO Bekker to step down in April

Koos Bekker, the Chief Executive Officer of South Africa-based e-commerce and media giant Naspers Ltd, will be stepping down on April. He will be replaced by Bob van Dijk, Reuters reported.

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Forbes Media Chairman and Editor-in-Chief Steve Forbes

Fosun International likely to acquire Forbes Media for less than $250M

China-based Fosun International Ltd is the most likely acquirer of Forbes Media Llc but will be paying less than $250 million for the money management magazine, according to sources interviewed by The Deal Pipeline.

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Extreme Reach

Massachusetts digital video ad firm Extreme pockets $50M in venture capital

Needham, US-based digital video advertising distributor Extreme Reach pocketed $50 million in a venture round from Village Ventures, Greycroft Partners, Spectrum Equity, and Long River Ventures.

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Girl with a laptop

Companies seeking legal action against BitTorrent users and illegal movie downloaders face steep battle: report

An investigative report published by independent news organization Mother Jones said most federal judges are not keen to consider piracy claims based on computer Internet Protocol (IP) addresses, which are often used as proof to identify potential thefts.

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Dentsu Aegis Network

UK-based Dentsu Aegis acquires Chinese social creative firm Verawom

Media and digital marketing firm Dentsu Aegis Network added China-based social creative firm Verawom for an undisclosed sum, in a deal that will integrate the latter into the Isobar China group.

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AOL Inc.

AOL CEO Tim Armstrong dials back retirement benefit cut, apologizes for unwarranted remarks

Tim Armstrong, the chief executive of mass media company AOL Inc., on Saturday issued a memo informing employees that his company would revert to its previous employee retirement benefit plan after drawing outrage from employees. Armstrong also apologized for an unpopular remark he made in an attempt to explain the change in policy.

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Bill Keller

Former executive editor Bill Keller to leave New York Times for news startup

New York Times columnist and former executive editor Bill Keller will be leaving the American media firm to become the editor-in-chief of nonprofit news startup The Marshall Project on March 1.

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Irish media firm Communicorp snaps up eight stations from Global Radio for £35M

Dublin, Ireland-based media holding firm Communicorp snapped up eight stations from London, UK-based media and publishing holding group Global Radio in a deal valued at £35 million as the latter was forced by the Competition Commission to do so.

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American digital media firm SpinMedia acquires itself, nabs $10M in funding

Hollywood, US-based digital media firm SpinMedia Group acquired SpinMedia LLC for an undisclosed amount, and poured in $10 million in funding to deal with the company's debts.

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Google Chromecast

Google releases new Chromecast SDK for streaming media

Tech and Internet giant Google released a new software development kit (SDK) that allows developers to build their own apps for the Chromecast streaming media dongle.

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Facebook IPO

Paper CEO wants Facebook to change news app name

Georg Petschnigg, Chief Executive Officer of creativity tool Paper, wants Facebook to change the name of the new mobile news app that it launched last week, which is also called Paper.

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