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Yahoo eyes Hulu acquisition after failed Dailymotion bid

Yahoo eyes Hulu acquisition after failed Dailymotion bid
  • Posted May 8, 2013, 12:00 PM by Shawn Knight | Filed in Industry News
  • If at first you don’t succeed, try try again. That’s the proverb Marissa Mayer is singing as of late following the company’s failed attempt to acquire a controlling stake in video streaming site DailyMotion in an effort to boost Yahoo’s…

Leaked internal memo suggests big changes in store for Hulu

Leaked internal memo suggests big changes in store for Hulu
  • Posted August 20, 2012, 12:00 PM by Shawn Knight | Filed in Industry News
  • Big changes could be coming to video streaming service Hulu in the near future according to a leaked confidential memo that found its way to Variety. The three-page memo, dated in July, suggests that CEO Jason Kilar could be preparing…

Rupert Murdoch: Google streams pirated movies, MySpace a screw up

Rupert Murdoch: Google streams pirated movies, MySpace a screw up
  • Posted January 16, 2012, 4:30 PM by Rick Burgess | Filed in The Web
  • News Corp. CEO and founder, Rupert Murdoch, let the tweets fly this weekend humbly claiming he screwed up "in every way possible" with MySpace. Additionally, he accused Google of streaming illegally obtained movies and chastised President Obama for recently stating…

Hulu owners cancel auction plans, joint venture lives on

Hulu owners cancel auction plans, joint venture lives on
  • Posted October 14, 2011, 5:00 PM by Jose Vilches | Filed in Industry News, The Web
  • As one big deal is finalized, another one is called off. According to reports, Hulu owners have canceled their auction of the online video joint venture claiming that its strategic value outweighs the short-term benefits of a sale.

News Corp. lost a quarter of a billion dollars on Myspace

News Corp. lost a quarter of a billion dollars on Myspace
  • Posted August 12, 2011, 12:30 PM by Shawn Knight | Filed in The Web
  • In a recent News Corp. conference call discussing the company’s fiscal fourth quarter earnings, it was disclosed that the media conglomerate had lost $254 million on the purchase and subsequent sale of social networking site Myspace.

News Corp. wants to sell Myspace for $100 million

  • Posted April 30, 2011, 11:12 AM by Emil Protalinski | Filed in The Web
  • News Corp. is looking to sell the struggling social network Myspace, previously called MySpace but now stylized as My_____, for $100 million. That's less than 20 percent of what the company originally paid for the website.

News Corp. wants to sell Myspace, possibly to Vevo

News Corp. wants to sell Myspace, possibly to Vevo
  • Posted March 29, 2011, 8:00 AM by Emil Protalinski | Filed in The Web, Industry News
  • It has been speculated that News Corp. wants to get rid of Myspace, previously called MySpace but now stylized as My_____, and now it looks like a sale is in order. News Corp. has reportedly hired investment bank Allen &…

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