Tudou has priced its initial public offering in New York, raising $174 million in a deal that valued the Chinese streaming video website at $3.2 billion. The offering is of six million shares priced at $29 each. The shares will begin trading on the Nasdaq market this week. Tudou originally filed for its IPO in […]
Movieclips.com, which has compiled the largest collection of licensed Hollywood film clips on the web, will partner with Google to bring more than 20,000 HD clips to YouTube. Movieclips have announced that the clips will be available through the Movie Extras on the YouTube VoD platform, and also through the Movieclips YouTube channel. The clips […]
Google is working on a major overhaul of YouTube as it tries to position itself for the rise of Connected TVs, reports The Wall Street Journal. According to people familiar with the matter, YouTube is looking to compete with broadcast and cable television, which would entail enticing users to stay on the website longer, and […]
YouTube has purchased Next New Networks for an undisclosed sum. Based in New York and backed by former television executives from Nickelodeon and MTV, Next New Networks has built a network of videos created both in house and by independent filmmakers. YouTube made clear that it has no plans to dive into the content business. […]
France Telecom’s Orange has revealed that it is in exclusive negotiations with Dailymotion, the world’s second largest online video site, with a view to taking a 49 per cent share in the operation. Once complete, the deal, valued at €58.8 million, will provide Orange with the opportunity to develop a complete multi-screen video offer From […]
Video-sharing sites such as YouTube could be subject to the same regulations as traditional broadcast television, according to controversial rulings by the Italian Communications Authority (AGCOM). Two rulings published by the Communications Authority state that some streaming and on-demand video sites would require a government licence to operate and be subject to similar editorial controls […]
Universal Networks International (UNI) has launched its new web-video digital platform that will power interactive websites for its five core channel brands online: Syfy Universal, Diva Universal, Studio Universal, Universal Channel and 13th Street Universal. The launch of these localised websites – now available in 14 languages and across 16 countries – is the latest […]