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.
- 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 NYTimes.com.
- The Philadelphia Daily News and The Philadelphia Inquirer launched phrequency.com, 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.
- 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.