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SUP acquires LiveJournal from Six Apart

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livejournal.pngSUP, an international media company based in Moscow, has acquired LiveJournal from Six Apart, Ltd. LiveJournal is one of the world’s leading global online communities, with a monthly audience of more than 18m unique visitors in nearly every country in the world. Additionally, SUP today launched a new U.S. company, LiveJournal, Inc., based in San Francisco, which will manage and operate LiveJournal.

This deal is the second agreement between SUP and Six Apart. In October 2006, SUP concluded a licensing agreement with Six Apart to support and develop the large Russian segment of LiveJournal, which now represents 28% of its monthly audience. In the past twelve months, SUP and Six Apart have worked in close collaboration to improve LiveJournal for Russian users during which time the community has almost doubled.

More information on the acquisition is available at http://community.livejournal.com/LJ_2008/.

Originally posted on December 3, 2007 @ 10:58 am

Fox Entertainment Group acquires Beliefnet

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beliefnet.pngFox Entertainment Group (FEG) announced its acquisition of Beliefnet, a website that enables consumers to better understand their faith and build diverse spiritual communities by providing content and tools for a broad range of religions and spiritual approaches. Beliefnet, the largest online faith and spirituality destination, will become part of Fox Digital Media, spearheaded by President Dan Fawcett, which takes on an expanded role to support FEG’s vast cable, TV and film brands online, and drive FEG’s continued growth in the online market.

The acquisition provides Beliefnet with vast resources to further build and enhance its already popular brand. It also offers an online platform for FEG to distribute content from its extensive media library and for News Corp. to expand its faith-based businesses, including HarperCollins’ Zondervan and HarperOne brands, and 20th Century Fox Home Entertainment’s faith-based programming initiative.

Beliefnet provides devotional tools, access to the best spiritual teachers in the world, thought-provoking commentary and a portfolio of web-based social networking tools to enable a supportive community surrounding each person’s unique spiritual principles and beliefs.

Financial terms of the acquisition were not disclosed.

Originally posted on December 4, 2007 @ 12:33 pm

Social shopping site Wikidealz.com launches in time for buying season

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wikidealz.pngWikidealz.com, a free community-based shopping website announced is launch in time for consumers to take advantage of its powerful user-driven model and get the best holiday deals.

The value of Wikidealz.com comes from social networking, where users share information about online shopping deals with groups of deal-savvy individuals and the internet shopping community at large. This user-generated wiki content, combined with the site’s easy search capabilities, ensures that shoppers have an efficient and high-quality shopping experience.

In addition to providing top-notch shopping, Wikidealz.com also benefits those who share deals with the user community. Wikidealz.com allows consumers who already spend considerable time researching the best online bargains to easily share them, and get paid to do so. Members earn cash when they post deals that lead to sales from participating Wikidealz.com retailers.

Originally posted on December 3, 2007 @ 7:15 pm

T: The New York Times Style Magazine launches web site with blog to feature news in style and luxury

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t.pngT: The New York Times Style Magazine launched NYTimes.com/TMagazine, an online publication that reinvents the magazine in a digital format and also provides a daily presence on the web for T readers. The site will feature “The Moment,” a blog posting up-to-the-minute fashion and style news and discoveries by T editors and prominent outside contributors. The highly anticipated luxury site brings the visually rich content of T magazine to a larger, global audience. The quality journalism of T’s articles and photography will be coupled with Flash-based interactive content and original videos. The debut of the site coincides with the December launch of T Magazine in the International Herald Tribune.

The T: Magazine Web site was engineered by the New York-based agency createthe group, which was recently featured in an article in W magazine and is the leading agency behind sites for some of the world’s foremost luxury brands.

Originally posted on November 30, 2007 @ 6:01 am

Cambridge to launch eBook Collections

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cambridge.pngIn response to the growing demand for digital resources from academic institutions, Cambridge University Press will launch its own ebook product, Cambridge eBook Collections. The initial release of Cambridge eBook Collections, available to Asia Pacific only, will include specialist collections of humanities, science and business ebooks.

“Cambridge University Press has been at the forefront of digital publishing innovation since the birth of the Web. The launch of Cambridge eBook Collections marks a new milestone in fulfilling the Press’s promise to provide flexible, instant access to readers around the world. Our
authors can be confident that their works will reach the widest possible scholarly audience, and our institutional customers will have access to a
growing range of high value academic works,” Andrew Brown, Managing Director Academic & Professional Publishing, said.

Originally posted on December 3, 2007 @ 11:41 am

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