Media and Digital

Spotify enters the world of video

by AFP
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Music streaming outfit is updating its platform to support videos and offer non-music content provided by major media companies.

Quickflix finds funds to compete

by AAP
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Streaming service raises $775,000 from investors to keep the competition at bay.

Square to open Melbourne HQ

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Californian point-of-sale technology developer Square to set up Australian headquarters in Melbourne.

Yahoo's Alibaba spin-off to proceed

by AFP
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Internet giant says deal to go ahead despite US review of spin-off's tax status.

Redbubble eyes expansion after $15.5m raising

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Online art gallery plans to service rising international consumer demand for creative products.

APN eyes subscription revenue growth

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APN's regional QLD arm to introduce subscription model this year in bid for revenue growth.

Seven Group lifts Beach, Drillsearch stakes

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Stokes boosts interest in each mid-tier oil company to 19.9 per cent.

iiNet to rescue Dallas Buyers Club downloaders

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Broadband provider to offer pro-bono legal services for its customers who are facing fines for illegally downloading the movie.

Watchdog approves News stake in APN

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ACCC conditionally approves News Corp Australia’s investment in APN News and Media.

Facebook gets serious about news

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The social network's move to directly host news articles marks Silicon Valley’s latest attempt to appeal to impatient mobile consumers.

Nine scraps costly Warner Bros deal

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Nine Network has ditched its programming deal with Warner Bros to provide a buffer for retaining rugby league’s TV rights.

Google, regulators spar over global links

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European Union wants regional 'right to be forgotten' enforced in global searches.

Labor, govt at odds over NBN

by AAP
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Federal Labor says budget has broken promise to deliver network to all by end-2016.

Seven raising on rocky ground

Seven West Media’s efforts to drum up $612m in fresh equity may fall short of target.

Verizon to buy AOL for $4.4bn

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Deal seeks to advance telco giant's share in mobile video, advertising.

Southern Cross flags CEO exit

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Rhys Holleran to leave group in July, Peter Bush to become interim executive chairman.

Nine looks to double WIN fee

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David Gyngell leans on Bruce Gordon for more in return for rebroadcast rights.

Spotify triples FY losses, will stream videos

by AFP
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Music streaming service books losses after heavy investments made in the year.

Menulog snapped up for $855m

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Online takeaway marketplace Menulog has been snapped up by UK-based Just Eat for a stunning cash price of $855 million.

Alibaba lifts March quarter revenue, names new CEO

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Chinese e-commerce giant reshuffles management to bring in younger leadership.

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