NewsCred Raises $4 Million for Its Web-Based Newswire

Expensive content on the cheap: A start-up that licenses stuff from the likes of Reuters, Bloomberg and Forbes.
newsies_poster

Did Starz Turn Down $300 Million a Year From Netflix to Make the Cable Guys Happy?

New theory behind the Netflix/Starz breakup: Netflix was willing to pay up — it just wasn’t willing to price its service like a cable channel.
larry-the-cable-guy

How to Handicap Hulu, Even Before a Sale

What if you had to wait eight days to watch last night’s “Office” on Hulu, unless you were a cable subscriber? That would make Hulu a lot less valuable, right?
the office dwight

News Byte

Elvis, Muhammad Ali and American Idol Sold For $509 Million

CKX, the holding company that owns the production company behind “American Idol,” is being sold to private equity firm Apollo Global Management for $509 million. Besides 19 Entertainment, CKX also owns licensing rights for Elvis Presley and Muhammad Ali, as well as a majority share of Presley’s Graceland mansion. Deadline and the LAT have good background.

Big Media Tells Big Media That Hulu Is Hurting Big Media

“Modern Family” is a hit online, but that popularity may hurt its value down the road.

Google Pushing Chrome So Hard It's Buying…Print Ads?

Google has so much money and is so intent on pushing its Chrome browser that it’s willing to put marketing dollars into the weirdest places. Like a print newspaper.

The Facebook Movie: Sorry, Mark–But Critics Like It, They Really Like It! (Plus the Taiwanesed Version!)

The Facebook movie is finally here, the reviews are in and–no surprise–the critics are raving. After all, it was done by Hollywood pros with director David Fincher and writer Aaron Sorkin, who have apparently transformed the appalling badly penned and very fictional book “The Accidental Billionaires: The Founding of Facebook A Tale of Sex, Money, Genius, and Betrayal” by Ben Mezrich into some bit of cinematic art. But that’s not BoomTown talking, so here is a rundown of five reviews by top critics.

TV Tiptoes into the Web: Why Apple's iTunes Rentals Aren't Game-Changers

Very, very good bet: Steve Jobs will stand up onstage tomorrow and announce that you can rent some episodes of ABC and Fox TV shows from iTunes for 99 cents a pop. Big deal? Maybe. But probably not.

Google Buys Another Piece of Its Social Puzzle

Another small start-up gets sucked up into the Googleplex. This one is Angstro, which was supposed to help deliver news to users based on their “social graph.” But founder Rohit Khare has shut the service down and is now working at the search giant.

NBC Keeps Part of the Hulu/Boxee Story a Secret

Remember the great Hulu/Boxee controversy of 2009? It’s not going away. In response to questioning from the Federal Communications Commission, NBC has described its version of the incident–but the broadcaster doesn’t want everyone to see what it has to say.

China Drops Google’s Call

Bing Gets a Spring Revamp