News Archive for: ‘Aquisitions’

Web Deals Cheer Hollywood, Despite Drop in Moviegoers

By Brooks Barnes for The New York Times Movie attendance hit a 16-year low in 2011. Star wattage continues to dim. DVD sales keep plunging. Almost none of the films being honored at Sunday’s Academy Awards have struck a mainstream

BREAKING: Google Acquires Mobile Ad Network AdMob for $750 Million

Just hours after Electronic Arts announced it was buying social gaming outfit Playfish for up to $400 million, Google has announced that it’s buying mobile ad network AdMob for $750 million in stock. Since its inception, AdMob has served more