Google’s acquisition spree continues: It has bought Teracent, a startup that customizes online ads on the fly. All Things Digital had reported in September that Google was interested in the San Mateo-based company, which is filled with veterans of… Yahoo. No purchase price disclosed, but I’m fairly confident this was in the sub-$50 million category.
The people who own EMI Music Group may regret the purchase, but here’s a tiny bit of good news: Sales crept up last year. And next year’s numbers, aided by the Beatles, may be better yet.
Another expansion for Spotify, the much hyped European streaming music service: It’s now going to be available on Nokia phones and other handsets that run the Symbian platform. That’s good, because the service is supposed to work best as a mobile play.
But Spotify has yet to make a key expansion: To the U.S., where the big music labels worry that consumers will love everything about the site except paying for it.
The new AOL will differ than the old one in several ways: New boss, smaller headcount, different owners. So, of course, it also gets a new–but awfully familiar–logo.
Want to see Condé Nast’s not-so-secret plans to produce tablet-friendly editions of its magazines? Get yourself to New York’s Meatpacking District. Or check out this grainy YouTube clip.
Want to watch YouTube on your TV? There are plenty of devices and services that let you do that, with more on the way. But starting next month, at least one gadget is getting its YouTube feed shut down: Syabas, which makes a line of set-top boxes called “Popcorn Hour,” says Google’s video site has told it to remove YouTube content from its offering beginning December 2.
Here’s your half-empty/half-full stat for the day: Four in 10 consumers don’t want to see ads on their phones. Is that good or bad for the nascent mobile ad business?
Adobe is preparing to put magazines on Apple’s purported wondertablet. But what if that device, like Apple’s iPhone, doesn’t want to work with Adobe?
In the U.S., this is no big deal, but in much of the world this is now the sports equivalent of the Zapruder film: French soccer star Thierry Henry cheating, via a handball, and propelling his team past Ireland and into next year’s World Cup.
The Web is full of chatter about yesterday’s game, but video is hard to come by: YouTube has shut down most of the clips. But dedicated searchers–and there are lots of them right now–can find them.
AOL, which has already told investors it will spend up to $200 million firing a good chunk of its staff, has now told employees. The company is looking for “up to 2,500 volunteers,” CEO Tim Armstrong told his staff today. That’s a third of AOL’s payroll.
It’s official: MySpace has closed on its acquisition of Imeem, the streaming music service. It is paying a fire-sale price of $1 million, sources familiar with the situation tell me, and could pay up to $7 million to $9 million in earn-outs for key employees, who will likely include CEO Dalton Caldwell. Investors like Sequoia and Warner Music Group had pumped at least $25 million into the venture.
It’s official: You still can’t buy the Beatles’ songs on the Web, despite the efforts of a site that attempted to do so by rewriting copyright law on the fly. In other news: Have you seen this clip of Richard Pryor reading the alphabet on Sesame Street? Awesome.
Vevo, the music industry’s attempt to create a Hulu-like site for its music videos, will formally launch Dec. 8. The site, which is co-owned by Vivendi’s Universal Music Group, Sony’s music label and Abu Dhabi Media, will host a New York kick-off event that day.
Here’s yet another content creator that’s convinced Apple has a tablet device in the works: Condé Nast says it will have a digital version of Wired magazine ready for the purported gadget by the middle of next year and will eventually create similar versions for all of its 18 titles.
But Condé, like other publishers, says Apple won’t actually talk to the company about its plans for the device–or even acknowledge that it has plans.
Here’s a match up that makes plenty of sense: EMI Music Group, which has a new Norah Jones album to promote, is showing her videos on Hulu, the video joint venture that specializes in “premium” content. But the deal is the only one of its kind. While the big music labels have played footsie with Hulu in the past, they have yet to actually move any of their clips there. Instead, they’re concentrating on YouTube, which makes plenty of sense.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
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