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Posts Tagged ‘strategy’
Comcast Buys 51% Stake in NBC Universal for $6.5 Billion Cash
Thursday, December 3rd, 2009 at 11:15am
The Comcast-NBC Universal joint venture was finalized today, with Comcast agreeing to pay $6.5 billion cash for a 51% stake in NBCU. The New York Times has more: The agreement will create a joint venture, with Comcast owning 51 percent and G.E. owning 49 percent. Comcast will contribute to the joint venture its stable of cable channels, which includes Versus, the Golf Channel and E Entertainment, [...]
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Google: Publishers Can Limit Free Articles. Has the Media Game Changed?
Wednesday, December 2nd, 2009 at 11:34am
Google recently announced that online newspapers can now limit how many free articles people read. The new “First Click Free” program lets publishers restrict access to users after reading up to five free articles through Google. When Google senses that you have clicked on more than five free articles in a day, you’ll be routed to a pay or registration wall. Rupert Mu[...]
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Will Comcast, NBC Universal Merger Pass Regulator Scrutiny?
Tuesday, December 1st, 2009 at 01:11pm
Image: One Penny Sheet General Electric’s $5.8 billion purchase of Vivendi’s minority stake in NBC bodes well for Comcast. The cable giant could buy a 51% stake in NBC as soon as Thursday. The Guardian has more: This transaction will mean that GE owns 100% of NBC and it will allow the sprawling US industrial group to press ahead with an imminent plan to sell a majority of the [...]
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Gartner Inc. Buys AMR Research for $64 million
Tuesday, December 1st, 2009 at 11:49am
IT research firm Gartner, Inc. will buy supply chain research company ARM Research for $64 million in cash. Trading Markets has the wire: The acquisition is expected to expand Gartner’s suite of research offerings and also complement its consulting and events business. AMR Research’s sales team is also expected to enhance Gartner’s ability to further penetrate the mar[...]
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Visa
Friday, November 27th, 2009 at 10:40am
It’s Black Friday! And that means that it times to talk about spending money. In previous years we’ve taken a look at jobs at Amazon.com and Ernst & Young (for companies that are “in the black”). We also look at jobs with SlickDeals, one of the best websites for finding Black Friday deals, a few months ago. Today we’re gong to look at Visa[...]
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Microsoft Willing to Pay News Corp. To List Exclusively with Bing
Monday, November 23rd, 2009 at 12:31pm
Image: Hkam Is Rupert Murdoch finally going to get his way? The Financial Times has the story: Microsoft has had discussions with News Corp over a plan that would involve the media company being paid to “de-index” its news websites from Google, setting the scene for a search engine battle that could offer a ray of light to the newspaper industry. The impetus for the discussions came fr[...]
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Pinnacle Foods Group Buys Birds Eye Foods for $1.3 billion
Thursday, November 19th, 2009 at 11:19am
Image: Brands of the World Pinnacle Foods Group, owned by private equity firm Blackstone Group, will buy frozen-food provider Birds Eye Foods for $1.3 billion. Bloomberg has the scoop: Blackstone Group LP’s Pinnacle Foods Group LLC agreed to buy Birds Eye Foods Inc., the largest U.S. frozen-vegetable company, for $1.3 billion, adding to its Duncan Hines and Swanson food brands as the pace o[...]
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AOL Layoffs Affect 1/3 of Workers
Thursday, November 19th, 2009 at 10:59am
AOL layoffs affecting 1/3 of the company’s workforce, or up to 2,300 people, will hit during the next few months. The layoffs come as a result of restructuring after the Time Warner spin-off. Bloomberg reports: AOL is aiming to reduce its annual operating costs by about $300 million through the restructuring, the New York-based company said today in a regulatory filing. AOL expects to t[...]
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American Express Buys PayPal Competitor Revolution Money
Wednesday, November 18th, 2009 at 11:02am
American Express today announced its $300 million purchase of Revolution Money, a PayPal competitor backed, among others, by former AOL CEO Steve Case. The Washington Post reports: Revolution Money, founded in 2007, is designed to provide secure online person-to-person transactions by using a PIN number instead of credit cards or accounts. The company was founded in 2007 as part of Case’[...]
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