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Private Equity Firm Vitruvian Partners buys UK Production Company Tinopolis

The London-based Private Equity firm Vitruvian Partners is buying Tinopolis, one of the United Kingdom's leading independent media companies, with around 2,500 hours of drama, factual, sports and children's programming produced each year for more than...

12 May 2008

Times of India Publisher buys Virgin Radio for $108m

The Indian media company Bennett, Coleman & Co, which owns the Times of India newspaper, has acquired Virgin Radio in the UK for $106 million. SMG, the Scottish broadcasting company which owns Virgin Radio (it bought the company in 2000), sold the...

10 June 2008

Walt Disney increases its strategic stake in Indian UTV

The Walt Disney Company's Asian subsidiary The Walt Disney Company (Southeast Asia) Pte. Ltd. has increased its strategic investment in UTV, India's only integrated media and entertainment company with content creation abilities across platforms and...

11 June 2008

Cisco predicts huge growth in internet traffic

The recently-released Cisco Visual Networking Index (VNI) Forecast projects that global IP traffic will grow at a combined annual growth (CAGR) of 46% from 2007-2012, nearly doubling every two years. This will result in an annual bandwidth demand on...

22 September 2008

Nokia buys Plazes

Nokia continues on its social media related acquisition trail, with the purchase of Zurich and Berlin-based social networking service Plazes. The terms of the deal were not disclosed.

31 July 2008

EBay buys Social Networking Player

eBay has acquired a small company called VUVOX to help further develop rich media capabilities in the eBay marketplace. The integration of VUVOX into eBay is aimed at creating an enhanced customer experience using the personal media tools and applying...

02 July 2008

Yahoo offers search as a web service

Yahoo has quietly launched Search as as Service, in a move which could shake up the Search marketplace, although the announcement appears to have been masked by the confusion surrounding Microsoft's bid for Yahoo. Yahoo! Search BOSS is a web services...

10 July 2008

Bestof Media raises E22.5m from Index Ventures

Bestofmedia Group, the French tech publisher that acquired tech sites Toms Hardware and related sites last year, has raised EUR 22.5 million ($35 million) from Index Ventures. The company claims to be the third biggest online tech publication in terms...

15 July 2008

BT acquires Ribbit for $105m in cash

BT has acquired Ribbit Corporation, a Silicon Valley-based Telco 2.0 platform company, for $105 million in cash, on a cash-free, debt-free basis. The acquisition could accelerate BT's strategy to transform itself into a next-generation,...

31 July 2008

Sony buys Bertelsmann's 50% stake in BMG for $1.2bn

Sony Corp and Bertelsmann AG have finally reached agreement on Sony buying Bertelsmann's 50% stake in Sony BMG for $1.2 bn. The company will now be called Sony Music Entertainment Inc. and will become a wholly owned subsidiary of Sony Corporation of...

21 July 2008

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