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WGA Strike: Ad Agency React: ‘The Aftermath Begins’; Upfront Presentations Remain In Doubt

Feb 11, 2008 11:00 AM

While broadcast media buyers and marketers are likely to feel relieved by the end of the work stoppage, some contend that too much damage has been done for things to return to normal. Chris Boothe, a president at Publicis Groupe’s Starcom USA,  tells AdAge that “the aftermath begins” once the…

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Posted In: Advertising, Media & Publishing, TV, Companies, Acacia, wga

Patent Firm Acacia Loses Case Against Microsoft; More To Come?

Nov 16, 2007 5:53 PM

The notorious patent holding company Acacia Research, which first came to light in the digital media industry for claiming broad patents in the streaming media field, has lost first of its many lawsuits to reach as far as a jury trial. In a federal court in Lufkin, Texas, the jury…

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Posted In: Legal, Patents, Companies, Acacia, Microsoft, acacia research

@ FOBM: Amid Consolidation, Forbes.com Looks To Further Define Itself Against Its Print Version

Oct 30, 2007 7:01 AM

One year after Forbes sold a significant minority stake to Elevation Partners, Rafat Ali, ContentNext’s publisher and editor, opened the Future of Business Media Conference at the Walforf=Astoria in NYC discussing the issues that have confronted the website as it sought to differentiate itself from its print counterpart and the…

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Posted In: Media & Publishing, Magazines, Companies, Acacia, contentnext media, elevation partners, forbes, jim spanfeller, rafat ali, roger mcnamee

TheStreet.com Buys Online Marketing Firm Corsis For $20.7 Million

Aug 2, 2007 2:10 PM

TheStreet.com (Nasdaq: TSCM) gets to add a bit of Madison Ave. to its arsenal with the announcement that it has bought online advertising and promotions company Corsis for $20.7 million. That amount consists of about $12.5 million in cash (including roughly $3.3 million in debt repayment) and 694,230 shares of…

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Posted In: Advertising, Media & Publishing, Companies, Acacia, TheStreet.com

TheStreet.com Acquires Remaining Stake In Financial Social Net Stockpickr

Apr 26, 2007 1:48 AM

That was quick: As TheStreet.com prepares to release its quarterly earnings results Thursday, it has acquired the remaining 50.1 percent stake in social net/financial advice site Stockpickr that it did not already own. Terms of the deal were not revealed. At the start of the year, TheStreet.com made its initial…

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Posted In: Companies, Acacia, TheStreet.com

Industry Moves
Industry Moves: TheStreet.com Hires Chief Revenue Officer and EVP, M&A

Mar 26, 2007 11:23 AM

TheStreet.com, which took itself off the sale block last year, has now hired Steven Elkes as its first Chief Revenue Officer and EVP of M&A. Elkes most recently served as CFO of Azoogle…prior to that, he was EVP of Business Affairs and Operations and CFO at iVillage. The financial info…

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Posted In: Industry Moves, Companies, Acacia, TheStreet.com

TheStreet.com Invests In Stock Picking Site Stockpickr

Jan 3, 2007 6:17 PM

TheStreet.com has done an interesting deal with one of its independent columnists: it has taken a 49.1 percent stake (presumably after investing in the venture) in James Altucher’s stock recommendation site Stockpickr. Altucher’s company A.R. Media will own the other 50.1 percent. The site adds a layer of social networking…

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Posted In: Companies, Acacia, TheStreet.com

Earnings
Earnings: TheStreet.com Q3 Profit Nearly Doubles

Oct 27, 2006 12:46 AM

TheStreet.com’s Q3 net income nearly doubled on increased revenue in all segments, due in part to an acquisition of Weiss Ratings earlier in the quarter. Earnings increased to $3.1 million compared to $1.6 million during the same period last year. Quarterly revenue gained 59 percent to $12.9 million versus $8.2…

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Posted In: Money, Earnings, Companies, Acacia, TheStreet.com

TheStreet.com Buys Weiss Ratings

Aug 7, 2006 2:10 PM

How the times have change: TheStreet.com was trying to sell itself a year ago, and had disposed off its independent research arm. Now that phase is over, things are moving along, and it plans to stay indie, it seems. The news: it has bought the ratings business of financial advisory…

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Posted In: Money, Companies, Acacia, TheStreet.com

Earnings
Earnings: TheStreet.com Swings to Q2 Profits

Jul 27, 2006 2:09 PM

Financial news and info site TheStreet.com announced its Q2 earnings and swung to a profit from a year-ago loss, helped by a jump in subscription and ads revenues. Profits grew to $3.2 million compared with a loss of $2.3 million in a year-ago period. Revenue jumped 60 percent to $12.4…

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Posted In: Money, Earnings, Companies, Acacia, TheStreet.com

Earnings
Earnings: TheStreet.com’s Back In Profits; Revs Up 43 Percent

Apr 25, 2006 11:05 AM

TheStreet.com reported its Q1 earnings today, and it earned $2.6 million compared with the year-ago quarter’s loss of $854,000 (also up $0.8 million improvement from last sequential quarter)... Revenue increased 43 percent to $11.1 million from $7.8 million. Release: Total cash flow for the quarter was $5.8 million, a $9.4…

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Posted In: Money, Earnings, Companies, Acacia, TheStreet.com

TheStreet.com To Pay 2.5C Quarterly Dividend

Feb 21, 2006 12:03 PM

Lo behold, no more sale talks. TheStreet.com has initiated a dividend policy this morning…Starting next month, its investors will be on the receiving end of quarterly dividends to the tune of $0.025 per share. The company is good for it. It generated $5.8 million in income from continuing operations last…

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Posted In: Companies, Acacia, TheStreet.com

Earnings
TheStreet.com Not For Sale Anymore; In Profits; CFO Resigns

Feb 9, 2006 8:03 AM

I’m sure there’s more to it than what the Q4 earnings release says, but still, it is heartening if they’re clawing their way back to recovery. The financial website TheStreet.com has posted a Q4 net income of $1.8 million, a $1.0 million improvement over the same period last year and…

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Posted In: Money, Earnings, Companies, Acacia, TheStreet.com

TheStreet.com’s Stock Up on Acquisition Rumors

Dec 9, 2005 5:13 PM

TheStreet.com, which has been desperately looking for a buyer for some time now, saw its shares shoot up today after a story in NYPost about its possible sale. No names have emerged…I’ve pinged a few people and it seems the most obvious names might not be the buyer. I’ll leave…

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Posted In: Companies, Acacia, TheStreet.com

Earnings: TheStreet.com Losses Widen

Jul 29, 2005 12:08 AM

TheStreet.com Q2 results, which reflected the cost of shutting down its stock brokerage and research unit, came down hard. The site lost $2.3 million in the June quarter, compared with a loss of $130,000 a year ago. Net revenues were $7.8 million in the latest quarter, down from $7.9 million…

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Posted In: Companies, Acacia, TheStreet.com

Earnings
Earnings: Acacia’s Patent Loot

Jul 27, 2005 6:09 PM

Acacia, the controversial digital-media patent holding company, has reported its Q2 results and a bunch of details on its growing portfolio of digital media related patents and revenues from it. And now it is not just related to digital media but more broader ones too. Its patent licensing revenues were…

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Posted In: Legal, Patents, Money, Earnings, Companies, Acacia

Patents In Digital Media

Jul 20, 2005 4:08 PM

Companies are trying to profit from patents, but do they protect unsung inventors—or opportunist litigants? A News.com story which includes, in large part, digital media patents. Acacia alone has collected more than 120 patents, signed hundreds of technology-licensing agreements and filed several lawsuits on patents relating to, among other ideas,…

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Posted In: Legal, Patents, Companies, Acacia

TheStreet.com Closes Research Unit

Jun 28, 2005 3:07 PM

As I predicted earlier, no one wanted to touch TheStreet.com’s independent reseach unit (Independent Research Group) with a barge pole, and that was hampering the sale and future growth of the company. Now, the company has announced the formal closure of its wholly owned subsidiary, which operates its securities research…

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Posted In: Companies, Acacia, TheStreet.com

Earnings
Earnings: TheStreet.com Losses Narrow; Plans Opening Up Site

Apr 28, 2005 7:05 PM

TheStreet.com, which has been shopping itself around for some time now, posted narrower losses in Q1, highlighted by 48% and 46% year-over-year gains in advertising and commission revenues (from its research business)... It had a net loss of $854,000 for the quarter, compared to $1.6 million in the year-ago quarter.…

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Posted In: Money, Earnings, Companies, Acacia, TheStreet.com

Acacia’s Continued Quest For Cable TV Licensing

Nov 8, 2004 3:11 PM

Controversial streaming media patent company Acacia said it has signed up its 200th license agreement for its patents. These licenses include 25 cable TV companies, 12 of which have signed the license agreements in the last three weeks.

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Posted In: Media & Publishing, Technologies / Formats, Broadband, Companies, Acacia

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