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Video Sites Take Hit From Network TV Sites

Video-sharing Web sites took a small hit in traffic in September, as television networks pressed hard to promote streamed episodes of fall premieres on their own Web sites. Google’s YouTube, the most-visited video destination, saw its unique audience dip for…

BitTorrent Appoints Walker CEO

Peer-to-peer network BitTorrent shuffled its executive suite today, appointing Douglas Walker as chief executive officer. The company’s current CEO Bram Cohen, also the inventor, will now work as chief scientist. President Ashwin Navin remains in the same role. BitTorrent is…

Visible World Inks Deal with DoubleClick

Advertising technology firm Visible World inked a deal with online ad services firm DoubleClick to use targeting technology in online video. Under the deal, DoubleClick will incorporate Visible World’s video targeting tools to let advertisers create dynamic and customized video…

BarelyPolitical Joins Next New Family

Online video company Next New Networks has acquired BarelyPolitical.com, the satirical Web site behind the Web hit “Obama Girl.” Financial terms were not disclosed. BarelyPolitical.com is best known for the viral video hit “I Got a Crush on Obama.” The…

Yahoo’s Q3 Profit Drops 5 Percent

Search giant Yahoo’s third-quarter profit fell 5 percent, a smaller decline than Wall Street expected. That lifted the stock’s price by nearly 10 percent in late trading Tuesday after the company released its third-quarter earnings report. Wall Street’s expectations for…

MySpace and Sony Join Forces

MySpace inked its first music licensing agreement today via a deal with record label Sony BMG. Under the deal, MySpace and Sony BMG will share in sponsorship and ad revenues generated from artists’ video and audio on MySpace pages. MySpace…

Online TV Viewing Doubles, Study Says

Nearly 16 percent of American homes with Internet service watch television shows online, double the number reported last year. Consumers cited personal convenience and a desire to avoid advertisings as their top reasons for watching programs online, according to a…

YuMe Networks Gets $9 Million From Backers

Online video ad network YuMe Networks closed a $9 million round of funding, the company announced today. The money in this second round comes from existing investors Khosla Ventures, Accel Partners and BV Capital as well as new investor DAG…

Food Network’s Batali to Produce Online Video Series

Food Network chef Mario Batali is branching out on his own to produce an online video series called “Mario Batali Unclogged,” debuting today on the Web site Serious Eats. Rather than partner with the network, the chef is working with…

Akimbo Adds Senior Executives

Video-on-demand service Akimbo System revamped its management team and has appointed Neil Goldberg chief operating officer and Peter Chantel chief financial officer. Mr. Goldberg most recently was president of On Demand Media Group and also ran programming at VOD aggregator…