901am

New Media News Every Morning

Business.com acquired for $345 million

By

business.jpg R.H. Donnelley Corporation, one of the nation’s leading Yellow Pages and online local commercial search companies, today announced that it has signed a definitive agreement to acquire Business.com, a leading business search engine and directory and pay-per-click advertising network.

Under the terms of the agreement, R.H. Donnelley will acquire Business.com for $345 million in cash and deferred purchase consideration. The deal is expected to close in the third quarter of 2007.

Through this transaction, R.H. Donnelley will add to its existing interactive portfolio a rapidly growing and profitable business-to-business company, with online properties that include Business.com, Work.com and the Business.com Advertising Network.

“With this transaction R.H. Donnelley takes another significant step forward in the online local commercial search marketplace,” said David C. Swanson, chairman and CEO of R.H. Donnelley Corporation. “Upon closing, we will immediately gain a profitable business-to-business vertical that is widely recognized as one of the leaders in the market.

Originally posted on July 26, 2007 @ 8:29 am

MoneyShow.com unveils university-style online courses

By

moneyshow1.jpgMoneyShow.com, the largest multimedia investment education destination for investors, traders, and financial advisors, announced today the addition of university-style online courses that provide members with unbiased education from Wall Street and Trading experts.

A variety of online courses provide financial advisors with the opportunity to earn continuing education credits for a nominal fee in order to maintain specific licensing requirements.

Since MoneyShow University’s launch in February, investors, traders and financial advisors have had access to a series of hour-long, in-depth, how-to video courses from experts, which are viewed in 15-minute segments, with questions after each segment.

“We are very pleased MoneyShow.com members can now earn CE credits on select MoneyShow University courses,” said Charles Githler, Chairman of InterShow. “This addition is necessary in order to provide financial advisor members of MoneyShow.com with valuable CE credits at a low cost.”

Originally posted on July 26, 2007 @ 9:45 am

Online newspaper readers up by 8%

By

In the latest analysis by Nielsen/NetRatings for Newspaper Association of America, more than 59 million people (37.3% of all active internet users) visited newspaper websites on during the second quarter of 2007 – a record number and a 7.7% increase over the same period a year ago. These figures are the highest for any quarter since NAA began tracking these numbers in 2004.

“As the industry continues to expand its digital portfolio, readers are visiting newspaper websites in record numbers for in-depth news and information as well as hyper-local information,” said NAA President and CEO John F. Sturm. “These sites continue to adapt to evolving consumer demands, frequently allowing user comments on articles and offering thought-provoking blogs to complement the journalistic excellence that makes newspapers a community’s most trusted resource.”

online-news.jpg

[Read more]

Originally posted on July 26, 2007 @ 9:32 am

Paris Hilton’s floss sold for $1000

By

floss.jpg If you think the idea of buying Paris Hilton’s piece of floss smudged with pink lipstick is simply stupid, why not ask Richard Rowe, CEO of online casino GoldenPalace.com.

According to HollywoodStarTrash.com, sellers of the floss, the trash founded outside Paris Hilton’s Hollywood home was put up for auction and it was snatched up for $1000 by GoldenPalace. This is the same company that purchased interesting items such as William Shatner’s kidney stone and Britney Spears’ pregnancy test, to name a few.

Next in line are John Travolta’s 12 empty packets of very expensive beef and a fork in a collectible box. Rowe hinted there was interest in this trash

“We’re all fans of Travolta, and who knows, if there is some beef in the packets, we could eat it and then use Paris Hilton’s thousand dollar floss,” said Rowe.

Originally posted on July 26, 2007 @ 1:38 am

NO GOOD TV reaches 58 million clip views without promotions

By

nogood.jpg NO GOOD TV, the world’s largest producer of uncensored celebrity news and entertainment programming, has surpassed 58 million clip views in less than five months without off-site advertising or paid promotion on YouTube.

Already three individual clips have amassed more than 2 million views each and another dozen individual clips have received more than 1 million clip views each.

Moreover, this Website has the highest number of average views per clip (966,094) among major media brands on the Top 10 list of all time most viewed YouTube partners. This is followed by NBC (508,036), TNA Wrestling (64,651), CBS (58,200), Warner Bros. Records (54,746) and Universal Music Group (34,981).

Originally posted on July 25, 2007 @ 11:31 pm