While Wright will remain a board member and shareholder of the venture-backed startup, he already has a replacement: Elaine Kunda will take over the reins as CEO from this point forward.
The decision apparently stems from the beginning of this year, when Wright took a… → Read More
Image-licensing network GumGum is growing by leaps and bounds. Measured as an advertising network, it is now a Quantcast Top 100 site, reaching 13.7 million people in the U.S. and 23.5 million worldwide. More than 1,000 Web publishers are licensing images through GumGum, which allows them to pay based on how many people see the image or use them for free with embedded advertising.
Today, GumGum… → Read More
Gone are guaranteed payments of “$100-$200/month” plus bonuses for traffic. In its place are much smaller guaranteed payments plus monthly bonuses for “press coverage you or your blog gets, exclusive interviews you… → Read More
b5media, a media network with over 350 blogs, has partnered with PicScout to obtain legally licensed images at no cost through their PicApp application. PicScout originally started off as a content copyright enforcer, hunting down unlicensed images on the web with its flagship ImageTracker program. After realizing how ubiquitous unlicensed images were, the company launched PicApp, a flash-based… → Read More
Blog search engine Technorati was days away from merging with blog network b5media when the whole deal blew up earlier this week, according to a source familiar with the negotiations. Technorati has been searching for a new strategy ever since it appointed CEO Richard Jalichandra last October. It was recently trying to raise an additional round of financing, and pitching venture capitalists that… → Read More