purchase Archives - Elite Sites

Ex-Maker Studios CEO Zappin sees $5 billion valuation for new venture

July 9, 2015 publisher deal-valuing, digital, digital-media, helps-digital, internet, maker-studios, messy, newest, packaging-code, purchase, talent-manager, viral-content, worth-at-least, youtube, zealot

Two years after his messy departure from Maker Studios, the YouTube network he co-founded, Internet entrepreneur Danny Zappin has big plans for his newest venture, Zealot Networks. Zappin says he expects the digital media company, which announced the purchase of viral content website ViralNova on Thursday, to be worth at least $5 billion in about two years. Zealot, founded in August 2014, helps digital media startups connect with media companies, brands and advertisers.

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Swiss competition body approves Swisscom online directory merger

March 24, 2015 creative companies, india, internet, internet-users, largest-growth, phone-numbers, purchase, smartphone-user, supreme-court, swiss, telecoms

Switzerland's competition commission WEKO said on Tuesday it had approved the purchase of online directory search.ch by Swisscom, as the telecoms group tries to compete with the likes of Google in digital advertising. In a deal reached last year, Swisscom is to combine directory operator local.ch, which provides information on phone numbers, with Swiss media company Tamedia's search and information service search.ch in a joint subsidiary. Together the local online directories will reach 3.6 million internet users per month in Switzerland, and the merger will be completed by mid-2015, the companies said in a joint statement