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Cision floats. Or does it?
Cision (which ownes Gorkana, Prime, PR Newswire and other assets) has been sold by its primary investor GTCR to another US VC, Platinum. The deal values Cision at USD2.7b, more that the USD2.48 paid by GTCR.
VG Media joins PDLN
German CMO VG Media, best known for broadcast licensing and its work for German publishers on leading the attempt to license Google in Germany, has joined PDLN. The new 2019 EU DSM legislation creates new opportunities for publishers,
PDLN condemns Google Rights Grab
In the past few days, in response to the new DSM legislation, Google has presented publishers across Europe with an ultimatum; “accept that we can display your content including text snippets free of charge or we will reduce your coverage to a bare link”.
New acquisition strengthens Infomedia’s Nordic market position
Infomedia is taking over the Norwegian, Swedish and Estonian media monitoring companies M-Brain AS, M-Brain AB and M-Brain OÜ from the Finnish company M-Brain OY. The acquisition includes 100 employees along with company clients, digital platforms and solutions.
License League Folds
License League has ceased operations, citing limited publisher support. The US privately owned content licensing business was run by former Burrelles Luce operations head Dan Schiable.
Sweeping win for Portuguese Visapress
The Portuguese MMO organizations CISION, MANCHETE and CLIPPING CONSULTORES have been found guilty of using content without authorization from the rights holders represented by VISAPRESS. In its ruling on Sept 4th the Portuguese intellectual property court finally ended a 6 years litigation process.
Australian Inquiry Pushes for Major Changes on Platform Regulation.
The Australian Competition and Consumer Commission (ACCC) has recommended sweeping changes to Australian law to address the power imbalance between digital platforms and media companies. These recommendations are contained in its final Digital Platforms Inquiry report, released on 26 July.
PDLN Berlin focused on DSM implementation opportunities
Over 60 PDLN members and guests were at the PDLN Berlin conference, which focused on implications of the new DSM directive on media monitoring. The directive is new and the many opportunities it creates are still being explored.