Logicbank Media

According to a comScore recent release, nearly 75 percent of U.S. Internet users watched an average of three hours of online video during the month of July, with  Americans viewing more than 9 billion videos online.

Google Sites ranked as the top U.S. video property with nearly 2.5 billion videos viewed (27.0 percent share of videos), 2.4 billion of which occurred at YouTube.com. Yahoo! Sites ranked second with 390 million (4.3 percent), followed by Fox Interactive Media with 298 million (3.3 percent) and Viacom Digital with 281 million (3.1 percent).

In total, nearly 134 million Americans viewed online video in July, or approximately three in four U.S. Internet users. Google Sites also captured the largest online video audience with 67.8 million unique viewers, followed by Fox Interactive Media with 35.8 million and Yahoo! Sites with 35.3 million.

Other notable findings from July 2007 include:

• Online viewers watched an average of more than three hours of online video during the month (181 minutes).
• The average online video duration was 2.7 minutes.
• Nearly three out of four (74.2 percent) U.S. Internet users viewed video online.
• More than one out of three (36.7 percent) U.S. Internet users viewed video on YouTube.com.
• The average online video

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Monday, September 10, 2007, 11:00 AM - 12:35 PM EST

There was an internet network issue which was affecting several
website servers under our administration (amongst several thousand
affected this morning).

We believe that was due to a network attack on a range of DNS servers. 
Access to the servers was fully restored at at 12:35 PM EST. 

We are taking provisions to route traffic to another set of servers if the problems persist.

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RubenDiaz.org

“Flamenco music, because of the way it is, has to be a living and evolving form of music. I always had the feeling that you had to respect tradition, but as my good friend Felix Grande says, not by being obedient to tradition with a blind faith; respecting, but at the same time trying to describe your epoch and the time in which you live, with all the forms of music that you hear and all the evolution that music in general has in any of its other forms of exposure, trying to grow in accord with our times, and always, I repeat, without letting go in the essence, the strength that flamenco posseses.”

Paco de Lucia

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Cyclingnews moves into the Future

Future Publishing announced to the London Stock Exchange yesterday that it had completed the successful acquisition of Cyclingnews from the privately-held Australian media company, Knapp Communications Pty Limited, for £2.2m (AUS$5.25M).

Future is a publicly-listed special-interest media company based in Bath, UK, that publishes over 100 special interest magazines and 60 websites, with operations extending to France and the USA. The acquisition of Cyclingnews is a strategic move to build its online presence and consolidate its position in the cycling market.

Cyclingnews was launched in Australia in 1995 by Professor Bill Mitchell and subsequently acquired by Knapp Communications in September, 1999. It has grown to become the world’s largest cycling website and also sponsors four cycling teams in three continents. The site has editorial and advertising operations in Australia, the USA and Europe.

Future’s announcement to the LSE quoted audited traffic and readership statistics to June 30, 2006, of 30 million page impressions per month, representing an average of 500,000 unique users per month. The majority of Cyclingnews’ revenues are generated from advertising and for the year ended June 30, 2006 revenues were AUS$1.5m and EBITDA was A$0.4m.

Cyclingnews publisher, Gerard Knapp, said new traffic and audience figures soon to be released to the market will show strong traffic growth for the site over the past 12 months, stretching its leadership in the cycling space. Knapp said he was delighted that as part of the acquisition, the existing staff and contributors will remain in place and continue to produce the website content. Knapp himself will continue as a fulltime consultant, advising on editorial direction and business development.

The acquisition of Cyclingnews coincides with the launch of Future’s new website, BikeRadar, a new portal that will combine content from cycling journalists as well as reviews and features from the company’s existing portfolio of cycling magazines, unifying their existing web presence. It will also feature Future’s recently purchased online route planner, www.Bikely.com – which enables cyclists to share their cycling routes across the globe. Bikely already has in excess of 23,000 comprehensive routes and bike trails, and continues to grow.

Simon Wear, chief operating officer for Future UK, said: “The acquisition of Cyclingnews and the launch of Bikeradar.com go hand-in-hand, giving Future immediate access to a large, engaged global audience of enthusiasts. Together, the sites significantly advance our online plans for cycling. We have a great opportunity to lead the market across all platforms in this sector,” he said.

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Entrepreneurs Jake Winebaum and Sky Dayton were widely mocked for lavishing $7.5 million on a single Internet domain name — business.com — back in 1999. It was the single highest price paid for a domain name at the time.

Now look who is having the last laugh.

The company that grew out of business.com — a search engine used by businesses to find products and services — is now on the auction block, and could fetch anywhere between $300 million and $400 million, according to people familiar with the matter.

Closely held business.com is expected to attract a host of interest from the likes of media companies such as Dow Jones & Co. and New York Times Co., these people said. Requests for comment from Business.com and the New York Times were not returned yesterday evening. Dow Jones, publisher of The Wall Street Journal, declined to comment.

Business.com does the kind of things publishers are trying to do more of: Drive readers to spend money with merchants who will pay a bounty for the traffic.

Their interest shows how, well into the Internet age, media companies are still eager for properties that can deliver online revenue and growth. Business.com, Santa Monica, Calif., has 2007 earnings before interest, taxes, depreciation and amortization of about $15 million, the people familiar with the matter said, with its online traffic growing by 50% in the first quarter of 2007, compared with the year earlier.

The people familiar with the matter say that the final price for Business.com is hard to predict. But at $350 million, a deal would value the company at some 24 times cash flow. Credit Suisse is running the auction.

Mr. Dayton remains a director. Mr. Winebaum is business.com’s chief executive.

Source:  WSJ

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