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iTunes Store tops 3 billion songs

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itunes.jpgApple today announced that more than three billion songs have been purchased and downloaded from the iTunes Store. iTunes is the world’s most popular online music, TV and movie store featuring a catalog of over five million songs, 550 television shows and 500 movies. iTunes recently surpassed Amazon and Target to become the third largest music retailer in the U.S.

“We’d like to thank all of our customers who have contributed to this incredible milestone,” said Eddy Cue, Apple’s vice president of iTunes.

Originally posted on July 31, 2007 @ 12:35 pm

Olive Software powers Red Herring digital edition

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redherring.jpgAfter years of reporting on emerging trends and changes in the Silicon Valley tech industry, Red Herring magazine is embracing digital media and transforming its publishing model by launching an electronic edition. Powered by Olive ActiveMagazine, a web-based and easy-to-navigate solution that preserves the magazine’s original layout, viewing Red Herring on the web is now as compelling and easy as reading the magazine in print.

The electronic edition is part of Red Herring’s strategy to expand reporting coverage and analysis to a broader circulation base. The company hopes to attract up to 500,000 digital subscribers globally over the next two years, and it already has readers from all over the world.

“As shown by the strong interest in Red Herring Europe 100, Red Herring North America 100 and Red Herring Asia 100– tens of thousands of entrepreneurs and companies are determined to make a difference in many (new) regions around the world. An electronic edition allows us to reach this increasingly global audience without increasing our print production and distribution costs,” said Red Herring publisher Alex Vieux.

Originally posted on July 31, 2007 @ 10:20 am

Filed Under: Web

Eyespot launches Media Campaign Platform to empower advertisers and brands

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eyespot.jpgEyespot announced the launch of its Media Campaign Platform, a powerful new addition to the Eyespot application suite, which enables brand managers and advertising firms to directly harness the energy of social networks and user-generated content. The system allows for the creation of interactive video campaigns that will associate brands with both Hollywood and other professionally produced content.

In the rapidly evolving Internet economy, Eyespot’s Media Campaign Manager is a market first that empowers the creative industry and communities to initiate their own interactive video sharing campaigns directly with consumers. The unmitigated appeal of UGC is available alongside a significant array of premium content supplied by producers, networks, studios, and record labels to engage with new customers, increase brand recognition, and further exploit existing brand loyalty.

The Media Campaign Manager’s robust campaign creation system is specially suited to the needs of advertising and marketing firms. This online suite requires no technical expertise and is an easy-to-use administrative content management system that only requires the oversight, leadership, and decision making of a brand manager or marketing director.

Originally posted on July 31, 2007 @ 12:35 pm

NowPublic secures $10.6 million funding

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nowpublic.jpgNowPublic.com, a participatory news network which mobilizes an army of reporters to cover events around the world, has secured a landmark $10.6-million round of series-A venture capital funding and is expanding an agreement to provide content for Associated Press’ extensive string of bureaus across the U.S.

Though there are similar sites, NowPublic boasts of having 118,910 members who write and post news stories, including videos from 3,852 cities in 140 countries.

Originally posted on July 30, 2007 @ 10:06 am

37 million VoIP subcribers expected by 2011

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yankeegroup.jpgYankee Group announced that consumer VoIP adoption continued at an aggressive pace in 2006, growing more than 125% and reaching more than 9 million subscribers. The consumer VoIP market maintains substantial growth, led by cable and broadband VoIP providers.

According to the Yankee Group Report, Growing Pains Persist in a Adolescent Market: Yankee Group’s 2007 US Consumer VoIP Subscriber Forecast, consumer VoIP services made headway by penetrating 9% of all US households, up from 4% in the previous year. VoIP is evolving beyond being a residential phone equivalent and is embedding itself into web-based advertisements, web site assistance and other click-to-call solutions. In addition, as consumers begin to demand inexpensive anywhere connectivity, there is more demand for mobile VoIP. The opportunity for VoIP on dual-mode mobile phones will increase as the number of units in use rises from 913,000 in 2006 to 22 million in 2011.

Originally posted on July 30, 2007 @ 8:25 am