Archive for January 10th, 2008
QVC-owning behemoth Liberty Media purchased Meridian, ID-based BodyBuilding.com this week. As, um, KTVB.COM reports - BodyBuilding.com has become the leading source for the sales of and information about nutritional supplements. The company was founded in Boise in 1999 and has since grown to a massive $100 million a year business. The site also is working on “BodySpace” — a social network based on the body building community. BodySpace already has 135,000 registered profiles and was key to Liberty Media’s purchase.
January 10th, 2008
Bain Capital and Thomas H. Lee Partners have been given the green light to take the radio giant private by the FCC. CC is also working to sell its TV station group to Providence Equity Partners - and has sold or is selling all radio stations in markets smaller than 100 to a variety of buyers. The FCC approved the TV part of the transaction in November.
January 10th, 2008
Romenesko has the internal AP memo from LA bureau chief Frank Baker declaring “Britney” (who has been given one name status in the note) a big deal:
Now and for the foreseeable future, virtually everything involving Britney is a big deal. That doesn’t mean every rumor makes it on the wire. But it does mean that we want to pay attention to what others are reporting and seek to confirm those stories that WE feel warrant the wire. And when we determine that we’ll write something, we must expedite it.
So not only are they going to be on “Britney watch” - but they’re just going to wait for TMZ, et al to lead so they can follow?
January 10th, 2008
The Pew Internet folks have conducted a study that shows unique users to video-sharing sites (dominated by YouTube) have doubled over the last year. Meanwhile, Nielsen-Netratings numbers show that growth on some video sites has accelerated in the wake of the writers strike.
January 10th, 2008
Young Broadcasting hopes to sell KRON before the end of the first quarter. “Our decision to sell is based on the high level of interest in the property we have received,” said Young chairman Vincent Young. “It is purely a strategic economic decision, allowing us to benefit from the proceeds of the sale to further our future corporate initiatives.”
January 10th, 2008
As promised, the AP has rolled out new funtionality to its OVN affiliates that allows them to upload and monetize their own local video. “We’ve seen some early adopters dramatically increase stream counts by using this capability, which allows affiliates to keep all their video in one place, and which lets them sell local advertising against it,” said Bill Burke, AP’s director of online video.
January 10th, 2008