Tricia Duryee in Commerce on August 3, 2011 at 7:00 am PT
Seattle-based Lockerz, an e-commerce company trying to build a rewards-based program for teens, is close to securing a third round of capital totaling $45 million.
Kara Swisher in Media on July 5, 2011 at 12:05 pm PT
Here’s a handy helper for those following the fate of the Hulu premium online video service, whose noisy efforts to sell itself have gotten a lot of attention of late:
“In preliminary talks” = “hawking itself to one of a half dozen big moneybag tech companies who will visit with Hulu’s bankers and management to see its presentation at Morgan Stanley’s office in Century City in Los Angeles.”
Ethan Smith, Reporter, The Wall Street Journal in Media on June 18, 2011 at 8:58 am PT
Movies distributed by Sony Corp.’s Sony Pictures Entertainment were removed from Netflix Inc.’s on-demand Internet service Friday, a Netflix executive wrote in a blog post, adding that the absence was “temporary.”
Arik Hesseldahl in D9 on June 1, 2011 at 10:53 am PT
CEO Reed Hastings says the company isn’t responsible for causing consumers to dump their cable or satellite TV providers in favor of Internet-based video entertainment. He also talked about how much it may cost to renew Netflix’s deal with Starz.
Joan E. Solsman, Reporter, The Wall Street Journal in News on May 19, 2011 at 4:57 pm PT
Barnes & Noble Inc. said that Liberty Media Corp. has offered to buy the bookseller in a deal valuing it at about $1 billion.
Barnes & Noble shares were up 20 percent in after-hours trading Thursday on the news, matching the $17-a-share offer price from John Malone’s media empire.
Tricia Duryee in Commerce on February 3, 2011 at 5:30 am PT
Seattle-based Lockerz is trying to build an all-new e-commerce experience for Generation Z. Here’s how it plans to do that using techniques from FarmVille and Facebook.
News Byte
Peter Kafka in Media on December 2, 2010 at 5:40 am PT
Barry Diller and John Malone, who have been tied together for 17 years, are officially split up, for good: Malone’s Liberty Media is abandoning its majority stake in Diller’s IAC holding company and taking $220 million along with IAC’s Evite.com and Gift.com units, as parting gifts. Meanwhile Diller himself is making a smaller break with IAC by stepping down as CEO, but will remain as chairman. More details from
Shira Ovide.