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MediaBytes 09.25.2007

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MICROSOFT is seeking a minority stake in FACEBOOK. In recent weeks, Microsoft has offered to purchase a 5% stake in the social-networking site, for between $300 million and $500 million. The offer would value Facebook at up to $10 billion. Google has also expressed interested in buying part of Facebook. The site is looking to […]

MediaBytes 09.17.2007

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BRIGHTCOVE has decided to stop developing its YouTube-like Internet video portal, and shift its focus entirely to white-label video services for content publishers. The portal will now “run itself” at Brightcove.tv, while Brightcove.com is retained for growing the core technology business. Brightcove technology serves video on some of the Internet’s top destinations, including The Wall […]

MediaBytes 09.05.2007

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NBC UNIVERSAL has struck a deal with AMAZON to distribute its television shows through the Unbox digital download service. The move comes just days after announcing it would not renew its contract with Apple’s iTunes. Episodes are currently available for $1.99 — the same price Apple charges on iTunes. However, Unbox has much tighter restrictions […]

MediaBytes 08.24.2007

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CABLELABS has approved a new technical standard for IP video, in conjunction with major movie studios and consumer-electronics makers. It brings together Paramount, Sony Pictures, Walt Disney, Warner Brothers, Hitachi, Intel, Panasonic, and Toshiba. The specification will allow set-top boxes and other devices to transfer cable signals throughout home networks, and should spur growth of […]

MediaBytes 08.23.2007

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FACEBOOK is working on a new, targeted advertising system. Using the system, advertisers will be able to target users based on favorite activities, musical preferences, and other personal information revealed in a user profile. The new ads will appear in a user’s “news feed,” which keeps them up-to-date on the activity of their Facebook friends […]