27 posts and columns on digital media
News Bytereport in the Financial Times (link goes to a story behind a paywall). Backed by investments from News Corp. (which also owns this Web site), it had sought to bundle the service with hardware and charge a flat fee, but had trouble selling recording labels on the idea.
News Bytewho used to run U.S. operations at France’s DailyMotion, has a new gig: She’s joining DFJ Gotham as a venture partner, where she’ll concentrate on the firm’s digital media portfolio. Marcus’ resumé also includes stints at Time Warner, Barnesandnoble.com and MTV.
News Bytebringing some more digital-media expertise to its board with the addition of Roy Bahat, president of gaming media company IGN Entertainment, a division of News Corp. Bahat is a Harvard grad and Rhodes Scholar who did stints with McKinsey & Company, the New York City mayor’s office and various start-ups before joining IGN in 2007.
News Byteannounced the closing of IVP XIII, a new $750 million fund that will invest in rapidly growing technology and digital media companies. IVP’s later-stage investment strategy has been successful so far; like its similarly named predecessor fund–the $600 million IVP XII–the new fund is oversubscribed, and the firm’s committed capital now totals $3 billion.