In an unexpected move, AOL has agreed to acquire Bebo, the London-based global social media network, for $850 million, the companies announced this morning. The sale comes on the heels of the admission by Time Warner’s chief executive that the company is open to an AOL spin-off.
Articles by Caysey Welton
NEW YORK—Social media dominated much of the conversation at American Business Media’s Digital Velocity show this week but even leading-edge publishers are still feeling their way through the model.
Zinio’s new online global newsstand offers about 870 digital consumer titles in more than 200 countries from 350 publishers. It also gives consumers the option of using Zinio’s proprietary reader service or downloading the digital edition directly once they’ve registered with the store.
In its first issue in 1995, Fast Company announced that the "Computer is Social." Now, the magazine and its Web site, FastCompany.com are taking that mantra to the next level with a networking platform the publisher says is the first to blend journalism with an online community.
Strategic operators and private equity investors are looking for opportunities in the development of a “fourth leg of the stool,” speakers said today at the annual DeSilva + Phillips Dealmakers Summit. Attractive media companies are going to look very different going forward.
San Francisco-based Clickability, a content management solutions provider, has capped its second round of funding, securing $8 million from Shasta Ventures, with additional investment from Convergence Partners, which led Clickability’s first venture capital round.
Early versions of digital magazines got a bad rap, thanks to static facsimiles and awkward reader tools that did little to improve the reader experience over print.
Advanstar Communications announced a new strategic direction for its Healthcare Group, focusing on digital distribution and continuing medical education through a centralized physician portal at ModernMedicine.com.
Since its launch in June, Prisonworld magazine—created to form and serve a community of incarcerated readers—has doubled in page size, from 16 for the first to 32 for the next, and estimates a readership of 250,000.
This year’s ABM Top Management meeting featured some of the best content I’ve heard at the annual event (which I’ve been going to on and off since the late Nineties),