Another acquisition by Thomson Reuters: it has acquired private equity backed Indlaw Communications, a Delhi-based legal information company, for an undisclosed amount. Indlaw runs a legal, tax and regulatory information database website at Indlaw.com. The site, founded by lawyer Joseph Pookkatt in 2002, had received early stage investment from private…

Performance based ad net Q Interactive has acquired e-mail marketer Postmaster Direct. Since Q Interactive is focused on behavioral targeting, which is receiving a great deal of scrutiny from federal legislators and regulators, Postmaster Direct’s emphasis on “double opt-in” marketing programs is designed to insulate it from the sort of…

After failing to be sold itself, Reed Business Information is now selling TWgroup, its travel publishing unit including Travel Weekly, Gazetteers.com, Travolution, the Globe Travel Awards and associated websites and events. The group is going to Holiday Autos founder Clive Jacobs (yes, a car hire businessman is buying a travel…

Broad-based online dating site Match.com is buying into the targeted subscription dating business with the acquisition of People Media from private equity firm American Capital Ltd. and various investors for $80 million in cash. The deal will add 27 dating sites with a combined 255,000 paying subs to the IAC…

Thomson Reuters (NSDQ: TRIN) has acquired the Toronto-based webcasting software firm Streamlogics, for an undisclosed sum. Streamlogics, founded in 1999, provides webcasting applications and services in North America, focusing on financial, healthcare and technology sectors; Reuters will use the tech to provide these applications to its current batch of clients.…

Since filing for Chapter 11 bankruptcy protection in December, The Tribune Company has been burning through cash and though still profitable, the publisher is significantly less so than it was six months ago, Morningstar Inc. analyst Tom Corbett told Crain’s Chicago Business. To be sure, bankruptcy doesn’t mean you’re not…

Looking to increase the scale of its network of web-connected video screens in retail locations across the United States, Danoo has purchased IdeaCast, which has its own digital network targeted at “captive” audiences on planes and health clubs. Financial terms of the deal were not disclosed. IdeaCast’s previous owner, National…

Updated: -It’s not over ‘til it’s over, as the Chicago Sun-Times is saying a contract is close, but it’s nothing has been signed and sealed yet, meaning the Reuters item was a bit premature. The official word comes from Tribune rep Gary Weitman, who said that the company’s still in…

IAC (NSDQ: IACI) spin off Tree.com has purchased some assets of online home improvement directory Done Right. Financial terms of the deal were not disclosed, although Done Right, which provides a way for people to search for contractors in 23 markets, had raised $5 million in venture funding, according to…

European online advertising network and marketing firm AdLink Group, part of Germany’s ISP firm United Internet, has finally been sold off its display ad unit, AdLink Media, about 18 months after its hired Morgan Staley to do it: Hi-Media, the increasingly acquisitive French online media group, has bought the unit.…

And now it’s done. Midway Games has been sold to Warner Bros. for $33 million—ending about six months worth of financial turmoil and headline-grabbing legal disputes surrounding the bankrupt Mortal Kombat publisher. Warner gets most of Midway’s assets in the deal, per the Chicago Tribune; disputes between the publisher’s unsecured…

TheNewsMarket, a video distribution services provider, has signed an agreement to acquire all of the outstanding shares of media strategist Medialink, the companies announced. Under the terms of the deal, TheNewsMarket will buy all of Medialink’s outstanding common stock at a price of $0.20 per share in cash, which amounts…

If case you needed confirmation, yes, it was a miserable first half of the year for dealmaking in digital media. There was $5.4 billion worth of deal activity in the Online Media & Technology and Marketing & Interactive Service segments combined, which was a drop of 76 percent from the…

First, the good news: There were actually four three venture-backed IPOs in the second quarter, compared to only one over the prior 13 months. But the remainder of the quarterly Dow Jones (NYSE: NWS) VentureSource report was filled with grim statistics.

E-mail marketing firm StrongMail Systems said Tuesday it had purchased social media marketing firm PopularMedia. Financial details were not disclosed, although both companies share Sequoia Capital and DAG Ventures as investors. PopularMedia has raised more than $12 million, including $8 million in a round last summer. One of the company’s…

Update: A source has confirmed that the talks are ongoing, but are preliminary (not advanced, as FT reported), and include the other studios as well, besides Sony (NYSE: SNE) and Fox. This is more of a backend physical production+distribution merger talks to save on costs.

Cablevision-owned AMC has made two small online acquisitions: it has bought filmsite.org, a site for classic movie reviews and commentary, and filmcritic.com, a catch-all movie review website. Financial details were not disclosed. Filmcritic is one of the oldest movie review sites and founded by journalist and editor Christopher Null in…

A battle is intensifying in the white-label local search market. MojoPages said Tuesday it had raised $5 million in a first round of funding—money it said it would use to boost its core private-label search offering, which lets media companies put local directories on their sites under their own brands.…

Rumors about this had been circulating for a while now, since Yahoo (NSDQ: YHOO) never knew what to do with it from the start: it is killing the third-party publisher services from Maven Networks, the online video tech service that it bought early last year for about $160 million ($143…