With Ad revenues falling, content owners are looking to develop alternate revenue streams more closely tied to their users' online behaviour. In a slowing worldwide economy, these initiatives are key to their survival until growth returns to the market. YouTube exemplifies the challenges that the sector as a whole faces in the coming months.
Michelle Wong, 26 April 2009
Pearson, the international education and information company, has bought Wall Street English, China's leading provider of premium English language training to adults, for $145m in cash.
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Michelle Wong, 16 April 2009
Tanla Solutions, based in Hyderabad, India is establishing a 50:50 joint venture with ZED Worldwide Holdings SL, a Spanish digital content and services company after it received approval from India’s Foreign Investment Promotion Board (FIPB). The JV is set up as a limited liability company, to...
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Michelle Wong, 07 April 2009
Thumbplay, the NewYork based mobile company, has raised $6 million in a sixth round of financing, bringing total funds raised to date to $59 million, according to the latest information. Details on who led the round were not released but current shareholders include Brookside Capital Advisors,...
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Michelle Wong, 30 March 2009
Adobe is one of the companies battling for control of the mobile web agenda, but it has been hampered by the exclusion of its Flash technology from the iPhone and the Android-based G1. It is now trying to make it simpler for handset makers to incorporate fully blown Flash on to their devices, to...
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Michelle Wong, 21 March 2009