The Economics of Content
Microsoft-owned MSN is going to part ways with its JV partner Internet Gold in Israel, and will be running MSN Israel portal on its own from October this year, the two companies announced.
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Read Merrill In Talks To Dispose Off Bloomberg Stake (Links)
Losing its independence on Independence Day, Lexico is now part of the Answers.com ( NSDQ: ANSW ) family, as IAC's ( NSDQ: IACI ) portal completes its purported $100 million cash acquisition of the Dictionary.com, Thesaurus.com and Reference.com operator.
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Read Ask.com Completes Lexico Acquisition, Bags Dictionary.com Et Al (Links)
Adam Valkin, a partner in Arts Alliance and an online media veteran, is leaving the VC house after nine years to join Endemol as its global head of digital media and new business, as the TV maker continues its new line-up.
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Gannett ( NYSE: GCI ), which has a big budget to do digital M&As, is buying out the rest of local sales info site ShopLocal, from the other partners Tribune and McClatchy ( NYSE: MNI ), reports LocalOnliner, citing sources.
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Verisign, which has pared down the company over the last year, has seen another CEO change: William Roper, who had been president and CEO for a bit more than a year, has resigned and the company board has named Jim Bidzos as interim CEO, president and executive chairman.
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As the story says, the void in smart thinking on the publishing sector could exacerbate an already bleak view of the business..."the less information that's distributed, the less appearance there is in the minds of institutional investors," said the ever-present newspaper analyst John Morton.
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Read The Death of Newspaper?Analysts (Links)
The Weather Channel sale announcement could come in the next couple of days, as the consortium of NBC Universal ( NYSE: GE ), Blackstone Group LP and Bain Capital close the deal terms. The only other contender Time Warner ( NYSE: TWX ) withdrew its bid two weeks ago.
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Read Weather Channel Sale Could Be Announced Soon (Links)
Read Gaming Site GameDuell Scores $17.45 Million For Expansion (Links)
Manhattan district judge Louis L. Stanton granted Google a protective order meaning it doesn't have to hand over its key search source code, which Viacom had wanted to use to illustrate a lack of copyright filters but which Google successfully argued was a trade secret, DJ reports.
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Read Viacom-YouTube Case: Google Doesn't Have To Reveal Innermost Secrets (Links)
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