Archive for February, 2007

Dada Acquires Blogo

Thursday, February 22nd, 2007

Dada Acquires Blogo, Dada, an international provider of Web and mobile community and entertainment services (listed on the Italian Stock Exchange: MTAX STAR Segment: DA.MI),acquired Blogo. Blogo is the most visited network of specialised blogs in Italy and amongst the top 10 Italian Internet Web Properties with over 16 million monthly page visits and approximately 3.3 million single users per month and over 16 million monthly page visits. (font: Audiweb/Nielsen, January 2007). The 30% stake in E-Box S.r.l. will be acquired by Dadamobile for the sum of Euro 720,000 from existing capital Group funds and will be executed in 2 phases of equal amounts.

Endemol USA acquires JoeCartoon.com

Wednesday, February 21st, 2007

“Deal or No Deal” producer Endemol USA has acquired online animation site JoeCartoon.com.

GoFish Corp. buys rival Bolt Media

Monday, February 12th, 2007

Online video site GoFish Corp. agreed to buy rival Bolt Media, the same day the latter company was reportedly nearing a multi-million-dollar deal to settle a copyright-infringement suit filed by Universal Music Goup. GoFish said the stock-for-stock transaction was valued at up to $30 million. The combined company plans to develop made-for-the-Internet programming aimed at people from 18 to 34 years old, a prime demographic for advertisers.

HandHeld Entertainment Acquires Putfile.com

Thursday, February 8th, 2007

HandHeld Entertainment Acquires Putfile.com for $7.1 Million ($1.08 million in cash and approximately $6.0 million in HandHeld Entertainment common stock)  and Increases Audience to More Than 13.7 Million Unique Visitors and 83 Million Page Views.  Putfile.com is a leading free digital media service featuring user-generated content.

(more…)