Nearly a year after content syndicator Mochila raised several million dollars in a fifth funding round, the company appears to be winding down, as it has laid off roughly 20 of the company’s remaining staffers. All that remain are a number of part-time engineers, who are keeping the company going as CEO Benjamin...
Spotify Launching Integrated Apps Within Its Platform
Spotify CEO Daniel Ek took the stage at Spotify’s first-ever press conference to expand the music streaming service’s Facebook integration to a wider world of social networks and devices, arguing that sharing is the only thing that can save the music industry and stop piracy.
About.com Rolls Out Lifestyle Content On Flipboard
As the New York Times (NYSE: NYT) Co.-owned About Group continues its turnaround efforts in the face of weak display and cost-per-click ad sales, the flagship guide site is hoping that its placement within the social reader app Flipboard will help...
Rolling Stone Releasing Beatles’ Guide For iPad; Mag Apps Coming In ’12
Rolling Stone magazine will release an iPad app companion this week for its The Beatles: The Ultimate Album-by-Album Guide book this week, as its parent Wenner Media prepares to launch full digital magazine replica apps on the Apple (NSDQ: AAPL) tablet next year for its flagship title and US Weekly.
Microsoft Appears Closer To Making Formal Yahoo Bid
After weeks of rumors about Microsoft (NSDQ: MSFT) considering another bid for Yahoo (NSDQ: YHOO), Dealbook is reporting that the software giant has signed a nondisclosure agreement with the portal, citing an unidentified person briefed on the matter.
Prometheus Execs Make Their Exodus, As Billboard Searches For Direction
Over the past few weeks, as Prometheus Global Media, the owner of b-to-b trade magazines Adweek, The Hollywood Reporter, Billboard and Back Stage, has continued to find the right formula for its various titles, the company has seen a number of top executives exit, suggesting that the changes in design and focus have left many...
Colarusso Jumps From Bloomberg TV To Reuters
Dan Colarusso, who has held top editorial posts at the NY Post, Condé Nast’s Portfolio and briefly at Business Insider, is leaving his post as managing editor of Bloomberg Television to join rival Reuters (NYSE: TRI) as the news service’s global head of programming.
MPA: Majority Of Digital Magazine Readers Want In-App, E-Commerce Features
Although advertising is the strongest part of print magazine publishers’ revenues streams, that area has been weakening for some time. In its place, publishers have pinned massive hopes on the ability of e-commerce features to help make up for declining ad dollars. According to a study from industry trade group Some of the stories people are talking about this morning: » Yelp Files to Raise $100 Million in IPO of Consumer-Review Internet Site (Bloomberg) » Has The Kindle Fire Already Fragmented Android Tablets? (paidContent) » Major Newspaper Publishers Band Together On Social Shopping Portal (paidContent) » Rehabilitated Netflix (NSDQ: NFLX) Could...The Morning Lowdown 11-18-11
Condé Nast Partners With Art.com To Reopen Online Image Store
Condé Nast is relaunching its online image archives store in partnership with online prints and posters retailer Art.com as tries to find a better way to make money off its magazines’ vast archive of photos and illustrations from Vanity Fair, The New Yorker, Vogue and Glamour.
AOL’s Silicon Valley Face Garlinghouse Is Out; CFO Minson Gets Added Duties
A little over two years after returning to the portal business, Brad Garlinghouse is leaving AOL (NYSE: AOL) as president of the applications and commerce group, GigaOm reports, citing unidentified sources. AOL representatives had no comment.
Update: Garlinghouse’s exit is part of what sources say...
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