Articles of the Day
NYT-Gannett-Trib-Hearst Combine To Form Local Online Ad Sales Company quadrantONE - This has been in works for a while as an alternative to the Yahoo (NSDQ: YHOO) newspaper consortium, as well as the Google-newspapers ad effort, and now it is finally launching: Tribune, Gannett (NYSE: GCI), Hearst and the New York Times Company (NYSE: NYT) are forming a joint new company called quadrantONE, and transferring some of their open online inventory to the firm to sell.
Plaxo’s Buyer Is Likely Comcast - Plaxo finally got bought, say valley whispers, and blog after blog have speculated incorrectly about who the buyer might be (first Facebook, then Google). Finally, someone may have gotten it right - Valleywag is saying that Comcast is the buyer, for $175m.
BT, Virgin and Carphone sign up for targeted ad platform - Three major UK ISPs - BT, Virgin and Carphone Warehouse’s Talk Talk - have signed deals with ad tech firm, Phorm, to use its targeted ad platform.
Rumor: Netflix to develop Xbox and PS3 live film streaming service - Questionnaires posted online by Netflix are fuelling rumours that the US video rental firm is set to develop a live film streaming service through the Xbox 360 and PS3 games consoles.
Clear Channel’s USD19bn takeover receives go ahead - The planned USD19bn takeover of Clear Channel by private equity firms is now set to go ahead, following the approval of the US Justice Department.
AOL, Citysearch Strike Content, Ad Alliance - Time Warner’s AOL and IAC’s and Citysearch units this morning announced an agreement to distribute their content and advertising across each other’s networks.
In Spectrum Battle, Google Earns a Draw - Google it seems has lost the battle for the coveted C block of wireless spectrum currently being auctioned out by the Federal Communications Commission. Either Verizon or AT&T will win the spectrum.
News Corp. Working On Music ‘Hulu’ For MySpace - PaidContent has learned that News Corp (NYSE: NWS). is pursuing a music joint venture for MySpace—similar to Hulu, its video joint venture with NBC Universal (NYSE: GE), but with variations on the theme.