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Industry Buzz & Snippets: 12/23/08

Fresh $3M infusion

Agencies and Marketing Execs:

  • Social publishing firm Scribd hired George Consagra, formerly COO at Bebo, as president. Tammy Nam, former marketing communications leader at Slide, also joined Scribd as VP-Marketing. The company recently closed $9 million in Series B financing.
  • Online ad firm Turn Inc. appointed Bill Demas to president-COO.
  • Brightside Group hired Jellyfish to manage a three-year paid search contract, worth about $12 million.
  • Rumor has it BBDO is laying off 30% of its New York office.
  • Facebook Chief Privacy Officer Chris Kelly is announcing his candidacy for California Attorney General, some say.
  • Steak's been chosen to handle Visit London's SEO account.

Biz Buzz:

  • Glam Media is reportedly cutting salaries by 3-15% as a "preventative move" against pessimistic Q1 ad spend projections.
  • Online video firm Veoh partnered with the digital TV unit of Axel Springer AG, a German company. Veoh programming will be sold in the local market, part of a cross-platform media package for the ad clients of both parties.
  • Online comedy site Funny or Die raised $3 million in cash from a single, undisclosed investor. The site is for the most part supported by actor Will Ferrell.

Legal, Government and Regulation:

  • District court judge Jeremy Fogel of San Jose dismissed a lawsuit against Google, accused of displaying fraudulent ringtone ads. The suit was brought by San Jose resident Jenna Goddard.
  • Following recent news that Warner Music Group withdrew its copyrighted videos from YouTube, sources claim it was in fact YouTube that pulled the plug on Warner.
  • China has reportedly blocked access to


  • The Philadelphia Daily News and The Philadelphia Inquirer launched, a site that lets users stream, buy and share music from local artists.
  • A recent study by European mobile firm Orange found mobile internet access is driven in large part by social networking site addiction.

Social Networks:

  • HubSpot is publishing a report on Twitter which claims the microblogging site would take 36 years to reach Facebook's traffic relevance — if the latter stopped growing today.


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