Viacom Buys Atom Entertainment for $200M
MTV Networks, a division of Viacom, Inc. announced a definitive agreement to acquire Atom Entertainment Inc., for $200 million. Atom Entertainment has popular brands in games with Shockwave.com and AddictingGames.com as well as video via AtomFilms.com and AddictingClips.com. The company makes money through a combination of ad sales, games sales and subscriptions and has been profitable on an operating level since 2002.
Adding Atom Entertainment to MTV Networks’ overall portfolio appears to fit squarely with the company’s strategy of serving targeted, global audiences with a relevant and innovative online content. Following MTVN’s recent purchases of XFIRE, Y2M, GameTrailers.com, IFILM and Neopets, this acquisition demonstrates a continued push to consolidate it’s multi-platform media platform offerings.
Tom Freston, CEO, Viacom, said, “This acquisition is right on the money with our digital strategy. It adds great scale with users, improves our growing casual gaming position, and brings a world-class digital video library and a fantastic management team.”
Yet another “Wild West Land Grab” happening with online video. You’d have to conclude that the smart money has completed it’s due diligence and forsees some impressive growth in this area going forward. 
Daily Show to Open Web Video Archive
Viacom is set to unveil a new site that will include 13,000 video clips of its popular "The Daily Show with Jon Stewart," representing every minute of the show since its 1999 inception.. wOOt!
To prepare for the site launch, 16 Comedy Central writers and video encoders have worked two shifts
JumpTV on Joost — Coming Soon
According to AP, a deal to be announced Friday with global video carrier JumpTV will bring international television channels to Joost, the still-in-development Internet TV platform from the influential creators of Skype and Kazaa.
Joost has been signing several contracts to carry video for media publishers, most notably a pact reached
Video: The most outrageously overpriced items
From movie popcorn to bottled water and printer ink, Yahoo’s Laura Rowley reveals five common buys that have ridiculous markups so that companies can make big profits. (Today Show)
Guerrilla Video Site Meets MTV
Vice magazine has built a small media empire out of a raw, ironic sensibility, risqué photographs and a willingness to deal in taboo subjects. On VBS.tv, the video Web site the company runs, viewers can find short videos about independent music, extreme sports and, of course, some nudity. What’s even
Video-Link TV » Video-Link TV » Video: Martha Stewart makes …
Video-Link TV » Video: Karzai caught turning blind eye to corruption? Viacom is set to unveil a new site that will include 13000 video clips of its popular "The Daily Show with Jon Stewart," representing every minute of the show since . ...
Google Buys Web Video Conferencing Technology
"To clarify.. we acquired Marratech's software, not the company."
According to this article on Mercury News: "As a company, we thrive on casual interactions and spontaneous collaboration," Douglas Merrill, Google's vice president of engineering, wrote in the blog post. "So we're excited about acquiring Marratech's video conferencing software, which will enable
Back at the Barnyard: "A Catfish Named Eddie: Next Stop, Canada"
http://www.nick.com/videos/ Catfish Eddie falls for the animals' corny trap and shows his sleazy true colors. © 2010 MTV NetworksAuthor: NickelodeonTags: Named Canada Back Next nickelodeon Stop Eddie: back at the barnyard viacom the Barnyard: Catfish Posted: 08 September 2010Rating: 0.0Votes: 0
Yahoo Buys Maven Networks for $160M
As reported on eFlux Media:
Applying the well-known saying: buy or you’ll be bought, Yahoo Inc. got back to business Tuesday after rejecting on Monday, Microsoft’s $44.6-billion takeover bid and announced it had purchased a broadband video start-up, Maven Networks Inc., for $160 million. Six-year-old Maven Networks, in Cambridge, Mass. include
Big Time Rush: Get to Know the Boys Carlos #2: Favorite Sports, Cooking, and His Style
http://www.nick.com/videos Get to know Carlos! © 2010 MTV NetworksAuthor: NickelodeonTags: Cooking nickelodeon and His Sports Get Big Style Favorite Rush: Big Time Rush Know Time viacom the Boys Carlos Posted: 27 July 2010Rating: 0.0Votes: 0
Meevee Looking for the Exit Door
The Alley Insider is asking if you have ever heard of MeeVee? This coming on the heels of a recent company statement:
Due to accelerated development of the online entertainment market, the Board of Directors at MeeVee has determined that combining with an established player will maximize the potential for the