April 24 (Reuters) – Pandora Media Inc reported a
better-than-expected rise in first quarter revenue on Thursday
because advertisers picked up spending on the online streaming
Total revenue rose almost 70 percent to $194.3 million,
beating analysts expectations of $175 million, according to
Thomson Reuters I/B/E/S.
April 24 (Reuters) – Facebook said on Thursday that
it has created a newswire tool tailored to journalists, part of
a broader effort to be the go-to place for conversation for its
1 billion users.
Called FB Newswire, it is designed to help journalists share
and embed newsworthy Facebook content that is made public by its
members such as photos, status updates and videos. (www.facebook.com/FBNewswire)
NEW YORK/LOS ANGELES (Reuters) – (Corrects Internet Advertising Bureau to Interactive Advertising Bureau)
Technology powerhouses like Microsoft Corp (MSFT.O: Quote, Profile, Research) and AOL Inc (AOL.N: Quote, Profile, Research) are flexing their muscles as storytellers, parading TV network-style shows before advertisers at an annual digital content showcase in New York next week.
(Reuters) – The New York Times Co on Thursday reported an almost 3 percent rise in first quarter total revenue on increases in advertising sales – a first for the company in several years.
The 3.4 percent increase in print and digital advertising revenue marks a milestone for the company that has been plagued by many quarters of declines as marketers choose to spend their budgets elsewhere.
NEW YORK (Reuters) – AOL is making a push into China with its digital video studio Makers, which struck a partnership on Thursday with that country’s privately held Sun Media Group.
This is AOL’s biggest effort in China since it was spun out from Time Warner Inc almost five years ago.
NEW YORK/LOS ANGELES, April 23 (Reuters) – Technology
powerhouses like Microsoft Corp and AOL Inc are
flexing their muscles as storytellers, parading TV network-style
shows before advertisers at an annual digital content showcase
in New York next week.
With an eye on the big bucks such shows can command,
Microsoft will trot out a soccer reality show called “Every
Street United.” Sony Corp’s digital network Crackle
will serve up Jerry Seinfeld’s “Comedians in Cars Getting
Coffee” and AOL is presenting a documentary drama about five New
Yorkers called “Connected.”
NEW YORK April 16 (Reuters) – Los Angeles residents who
still pass a newsstand on their way to work on Wednesday will
find an unusual sight there: a new daily print newspaper.
The Los Angeles Register is the latest offering to roll off
the presses of California-based Freedom Communications, the
publisher of the Orange County Register, The Press-Enterprise in
Riverside and the Long Beach Register.
NEW YORK (Reuters) – Reddit, a website with a retro-’90s look and space-alien mascot that tracks everything from online news to celebrity Q&As, is going after more eyeballs, and advertising, by allowing members of its passionate community to post their own news more quickly and easily.
Reddit, majority owned by Conde Nast parent Advanced Publications, last month rolled out a new feature that lets users of the nine-year-old site post live updates, allowing them to report in real time.
(Reuters) – Social networking site Wikia announced on Wednesday a new effort to attract more brands to its platform with the creation of Fan Studio.
The idea behind the studio is to help advertisers connect with Wikia’s network of users, many of whom go to the site for entertainment and games.
NEW YORK/SAN FRANCISCO (Reuters) – Amazon.com Inc made a play for the increasingly crowded home entertainment arena by unveiling the $99 (59.55 pounds) “Fire TV” video and game streaming device on Wednesday, with hopes of boosting its main online retail business over the longer term.
The square device, which just about fits in the palm of one hand, streams content from Netflix Inc, Hulu and other video services – much like Apple TV or Google Inc’s Chromecast.