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MediaBytes 11.05.2007

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THE WGA began its strike at midnight after Sunday’s 10-hour marathon negotiation broke down. Writers are expected to begin picketing at 9 AM this morning outside high-profile locations, including major studios on the West Coast and Rockefeller Center in New York. The Guild issued a memo telling its writers to spend at least 20 hours […]

MediaBytes 11.02.2007

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THE WRITERS GUILD negotiating committee has announced a unanimous recommendation to go on strike, perhaps as early as this Monday. The committee announced its decision Thursday night and drew an enthusiastic response from the meeting of 3,000 Guild members. The final decision is expected to be made at a meeting of the East and West […]

MediaBytes 10.25.2007

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MICROSOFT will purchase 1.6% of FACEBOOK for $240 million, which places a $15 billion valuation on the three-year-old company. Microsoft will begin to sell banner ads for international versions of the site and split the revenue with Facebook. In related news, RIM launched Facebook software for Blackberries. BARRY DILLER told a group of conference attendees […]

MediaBytes 10.24.2007

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FACEBOOK is the focus of a heated bidding war between MICROSOFT and GOOGLE. The two companies are competing for less than 10% of the social networking site and a deal could be announced within the next 48 hours. Google is reportedly driving the price very high in an attempt to outbid Microsoft. The winning bidder […]

MediaBytes 10.12.2007

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CURRENT TV will officially relaunch its website on October 16, and Al Gore has promised that the site will “take interactivity to a new level.” As part of the change, Current TV will drop the “TV” – and simply become “Current.” Current.com will act as a user-generated hub, accepting links to news stories, videos, and […]