payout

Exclusive: Groupon’s IPO Road Show Set for Next Week

Kara Swisher in Commerce on October 18, 2011 at 2:37 pm PT

Oh, it’s on.

You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief

Kara Swisher in News on February 6, 2011 at 9:01 pm PT

In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web’s most prominent news and opinion sites. As part of the deal, Huffington Post co-founder Arianna Huffington–who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer–will become editor in chief of a new unit that has purview over all of AOL content properties. The deal was signed just this afternoon.

Jon Stewart's Hulu Price Tag: At Least $40 Million

Peter Kafka in Media on February 3, 2011 at 5:13 am PT

Jon Stewart and Stephen Colbert were two of Hulu’s biggest draws until they left the video site last March. And it will cost Hulu $40 million or more to get them back.

Eric Schmidt Lost $300 Million in Google CEO Shake-Up and He's Still Richer Than You

John Paczkowski in News on January 24, 2011 at 9:30 am PT

Google’s just given outgoing CEO Eric Schmidt a $100 million equity award. A nice little bonus, but not large enough to offset the losses he’s suffered since announcing he is stepping down as CEO.

Who Got the Loot? How YouTube Split Up Google’s Billions.

Peter Kafka in Media on March 18, 2010 at 11:42 am PT

Google’s $1.65 billion purchase of YouTube is perhaps the best-known transaction of the Web 2.0 era. Most of the money, $1.3 billion, went to three co-founders and two investors. Here’s a breakdown of who got what.

Dude Web Site Publisher Breaks Into Games (Heh heh. Heh heh.)

Peter Kafka in Media on January 25, 2010 at 11:59 am PT

Break Media, which specializes in Web video and Web sites aimed at young men, is getting into yet another crowded marketplace: Social Web games. CEO Keith Richman explains.

EU Poised to Approve Oracle-Sun Deal

John Paczkowski in News on January 18, 2010 at 1:30 pm PT

The European Commission’s approval of Oracle’s $7.4 billion acquisition of Sun is imminent. Though EU regulators have until late January to make their decision, sources close to both companies tell me they expect approval this week, perhaps even as early as Wednesday or Thursday.

AOL: We Need to Fire 2,500 “Volunteers”

Peter Kafka in Media on November 19, 2009 at 5:08 am PT

AOL, which has already told investors it will spend up to $200 million firing a good chunk of its staff, has now told employees. The company is looking for “up to 2,500 volunteers,” CEO Tim Armstrong told his staff today. That’s a third of AOL’s payroll.

MySpace Finishes Its AcqHire of iLike: Don’t Think Music, Think “Socialization of Content.” Plus! The Internal Memo.

Peter Kafka in Media on August 19, 2009 at 1:19 pm PT

Now that MySpace has finished its acquisition of iLike, what is it going to do with it? Don’t think music, MySpace CEO Owen Van Natta stressed in a press conference today, think about “socialization of content.” What does that mean? It means the social network has spent $19.5 million on engineering talent to help overhaul its site.