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Industry Buzz & Snippets: 1/24/08


Roost reveals MLS listings
for nearby nests

Biz Buzz:

  • BusinessWeek hopes aggregation and video will save its business model.
  • eBay CEO Meg Whitman will soon announce retirement. Despite initial denials about her departure, reports were later confirmed. Whitman bore eBay's flag for over 10 years.
  • WPP Group's Wunderman agency bought Agenda, an online ad network based in China.
  • Blog ad network Federated Media may be on the market for a buyer, or at least for more money.

Music:

  • Target made its debut into online music sales. It is selling John Legend's new album as an MP3 download.
  • Yahoo is reportedly mulling a direct-sale or ad-supported business model for DRM-free MP3 sales.
  • Warner Music Group sued SeeqPod, a music search engine, for illegal transfer of music files on its system.

Mobile:

  • Mobile ad network Ad Infuse scored $12 million in funding. Ad Infuse will use it to expand into new areas and develop core products.
  • Mobile ad firm Amobee is shifting responsibility for its Canadian inventory to Target Broadcast Sales.
  • Mobile game maker Glu Mobile is offering to buy British competitor Superscape Group PLC for $36 million.
  • Playyoo, which offers free mobile games and peer recommendations, has gone beta.
  • The head of Blip.tv is not a fan of re-purposing 30-second spots for use around video online or on mobile devices.
  • YouTube's library of videos are now available on most video-capable mobile devices. Viewers will also be able to rate and share clips.

Real Estate:

  • Roost, a real estate search engine, has launched, complete with MLS listings for houses in over a dozen markets.

Publishing:

  • Content from American Media will be distributed through Mochila, extending the reach of material from AMI's stable of magazine titles.

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