Investor Group Urges NYT Buy More Digital Firms
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An investor coalition that holds just under 5 percent of New York Times urged the publisher to spend more money to buy digital companies, according to a regulatory filing on Monday.
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Reuters, the media and information group, is understood to have appointed investment bankers to explore the sale of Instinet, its American electronic stock trading business.
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New York City employee pension  funds are calling on two top Internet companies to do more to  protect free speech in repressive countries, joining a year-old  campaign by human rights groups.
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Social-media sites like Digg, StumbeUpon and NetVibes  represent the future of news distribution, say company founders.
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The New York Times Co said on Tuesday  it nominated two new candidates for its board ahead of an  attempt by a dissident investor group to add four directors to  its slate.
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Art Technology Group's plan to acquire a Seattle software firm has come under fire from a group of investors who have launched a proxy fight to halt the deal.
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A media executive who helped purchase the Philadelphia Inquirer and the Philadelphia Daily News last year could be interested in joining a group to acquire Dow Jones & Co. , the Wall Street Journal reported on Wednesday.
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NEW YORK Recession or not, holding companies, agencies and private equity firms are expecting another busy year of deal-making, as they scramble to bolster their new media capabilities and digital shops try to capitalize on relatively high valuation rates, according to a new survey from AdMedia Partners.
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DoubleClick Inc., the online advertising provider whose one-time soaring share price made it one of Manhattan&#39;s most well-known faces of the dot-com era, said late Sunday that it has hired an investment bank to explore a possible sale.
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In what is being described as an unusual move, members of the European Parliament are urging trade regulators to expand their review of Google's proposed $3.1 billion purchase of DoubleClick.
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A group of investment funds has amassed a 21 percent stake in CNet and is seeking to oust its directors and take over a majority of its board.
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A couple of hedge funds would like to fix a pair of family-owned newspaper chains.
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Time is running out for prospective investors to submit their offers to buy shares of Google Inc. (GOOG.O: Quote, Profile, Research) , the Web&#39;s No. 1 search company.
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NEW YORK Each quarter seems to bring a new, sizable acquisition by an industry holding company scrambling to add to its digital portfolio. In the last year alone, Publicis has added Digitas in a $1.3 billion headline-grabbing deal, and has also spent over $200 million on digital shops in France and China. WPP, in addition to a flurry of investments in emerging media, has purchased 24/7 Real Media for $649 million, Schematic and, sources say, is finalizing a deal to snap up Canadian digital shop Blast Radius. ...
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The activist investor looks to squeeze some more value out of the retailer's shares.
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Dow Jones & Co., publisher of the Wall  Street Journal, said it is to buy online news site operator  MarketWatch Inc. to grow the revenues it derives from the  Internet.
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Lehman Brothers's  lagging stock price offers the chance to buy into a rising power as it seeks to join the company of larger investment banks like Goldman Sachs  and Morgan Stanley , Barron's reported in its June 18 edition.