Silicon Alley Insider (Free subscription) | 10/10/2008
Just so you have no illusions, nobody's going to get through this unscathed. Viacom just warned , and now News Corp. is getting its estimates reduced. Pali's Rich Greenfield, who knows a thing or two about the company, has reduced his full-year 2009 estimates by $.10 to $1.16. Current consensus is $1.24. The issues: A local ad meltdown affecting the newspaper business and TV stations and a...
GigaOM (Free subscription) | 10/10/2008
Earlier this morning, Rich Greenfield, the scary smart media analyst at Pali Capital, slashed his price target on News Corp to $20 from $27, citing big concerns over slowing advertising revenues for newspaper and television stations. And since this is a global problem, there is little room for News Corp to hide. He is forecasting a [...]
Seeking Alpha (Free subscription) | 08/10/2008
Seth Gilbert submits: In 2007, News Corp . (NWS) paid $188m to buy 51% of VeriSign’s (VRSN) mobile content provider Jamba (aka Jamster in the U.S.). Tuesday, News Corp paid another $200m to acquire the rest. VeriSign originally bought the mobile games and ringtone vendor in 2004 for about $273m. The company was founded in Berlin in 2000. Ringtones and phone wallpaper are among...
Reuters UK (Free subscription) | 09/10/2008
* Photobucket building custom features to attract users to its own site and not just partners. * Photobucket is making a big push for advertising revenue By Yinka Adegoke NEW YORK, Oct 9 (Reuters) - Photobucket, the photo-sharing service owned by Rupert Murdoch's News Corp (NWSa.N: , , ), will introduce new album-making tools on Thursday in a fresh push to drive users to its website and boost...
TechConnect Magazine (Free subscription) | 07/10/2008
Although it bought it back in 2005 with high hopes of expanding its reach outside the security market, VeriSign has now sold its remaining stake in mobile entertainment provider Jamba to News Corp. In a deal worth $200 million, News Corp. acquired the 49% of Jamba that VeriSign still owned and has thus gained complete control over the company. "This sale is an important step in our effort...
http://www.iwr.co.uk/ (Free subscription) | 08/10/2008
Michelle Perry, Information World Review , Wednesday 8 October 2008 at 11:34:00 News Corporation’s redesign of the Wall Street Journal website and more effective marketing of Dow Jones digital products will boost subscriptions by more than $300m a year, Rupert Murdoch has predicted Rupert Murdoch told investors at a Goldman Sachs conference in New York that the Dow Jones digital assets, which...
paidContent:UK (Free subscription) | 08/10/2008
VeriSign's ( NSDQ: VRSN ) effort to capitalize on mobile content through its acquisition of Jamba is officially over. VeriSign tried to keep skin in the game through a JV with News Corp ( NYSE: NWS ). selling 51 percent in May 2007 for $187.5 million and a merger with Fox Mobile Entertainment. Today, the two companies said VeriSign has sold its remaining 49 percent to News Corp for approximately...
Cnet (Free subscription) | 07/10/2008
VeriSign announces it's sold its minority stake in a mobile entertainment joint-venture to its partner News Corp for $200 million.
Silicon Alley Insider (Free subscription) | 07/10/2008
News Corp. is paying $200 million cash to buy out Verisign's 49% share in Jamba, a ringtone and mobile games provider, after the company bought 51% of the company last year for $188 million and merged it with the Fox Mobile Entertainment business. VeriSign (VRSN) bought Jamba in 2004 for $273 million, and last year, News Corp. bought a controlling share with an option to buy the rest...
Reuters UK (Free subscription) | 07/10/2008
NEW YORK (Reuters) - News Corp has taken full ownership of mobile content provider Jamba by buying VeriSign Inc's 49 percent stake for about $200 million, the two companies said on Tuesday.
Globe and Mail (Free subscription) | 07/10/2008
Rupert Murdoch's News Corp. bought 51 per cent of Jamba from VeriSign for about $188-million in 2007, when the two formed a joint venture. News Corp. combined the joint venture with its Fox Mobile Entertainment unit.
Paidcontent (Free subscription) | 07/10/2008
VeriSign's ( NSDQ: VRSN ) effort to capitalize on mobile through its acquisition of Jamba is officially over. VeriSign tried to keep skin in the game through a JV with News Corp ( NYSE: NWS ). selling 51 percent in May 2007 for $187.5 million and a merger with Fox Mobile Entertainment. Today, the two companies said VeriSign has sold its remaining 49 percent to News Corp for approximately...
Moco News (Free subscription) | 07/10/2008
VeriSign's ( NSDQ: VRSN ) effort to capitalize on mobile through its acquisition of Jamba is officially over. VeriSign tried to keep skin in the game through a JV with News Corp ( NYSE: NWS ). selling 51 percent in May 2007 for $187.5 million. Today, the two companies said VeriSign has sold its remaining 49 percent to News Corp for approximately $200 million, suggesting that the value...
Raw Story (Free subscription) | 07/10/2008
Internet infrastructure company VeriSign announced on Tuesday it had sold its minority share in a mobile entertainment joint venture to Rupert Murdoch's News Corp. for 200 million dollars.
The Next Web (Free subscription) | 07/10/2008
Rupert Murdoch’s News Corp has taken full ownership of mobile content provider Jamba by buying VeriSign’s 49 percent stake for about $200 million. VeriSign has been trying to divest its slower-growing businesses to focus on its core website-naming and Internet security services. Jamba was founded in Berlin in 2000 by the Samwer brothers (that’s right, those guys [...]
