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Hulu Still Beating the IPO Drum

Peter Kafka in Media on October 8, 2010 at 8:33 am PT

Newest trial balloon: A $2 billion IPO that raises as much as $300 million, sometime next year. Possible! But also very tricky to pull off.

Bit.ly URL Shortener Raises $10 Million

Peter Kafka in Media on October 7, 2010 at 1:24 pm PT

Bit.ly, the start-up you’ve probably used recently to send someone a shorter version of a Web address, has raised another round of funding. The service, spun out of the Betaworks incubator, says that the RRE VC fund led the round, and that partner Eric Wiesen will join the company’s board.

BoomTown Decodes Google CEO Schmidt's Shut-Up-You-Whiny-News-Folk Op-Ed (So You Don't Have To)!

Kara Swisher in News on December 3, 2009 at 1:30 pm PT

Google CEO Eric Schmidt did one of his patented throat-clearers in an opinion piece in The Wall Street Journal today and it pretty much begs for translation. Well, BoomTown shall not tarry from the task of decoding the extra-long rumination from the head of Google, who was responding to the recent spate of aggressive attacks by traditional media publishers. They have blamed the search giant for everything from their current business woes to the destruction of journalism to Tiger Woods’s dicey marital troubles. Okay, not that! But the rest for sure.

Mel Karmazin’s Wish List: More Satellite Radios, Fewer Journalists

Peter Kafka in Media on November 30, 2009 at 1:23 pm PT

A new ad campaign is helping move more radios, says Sirius XM CEO Mel Karmazin, who also has some staffing advice for news organizations.