Tag Archives: Flixster

Nook Color Now Has Netflix, Flixster, and Marvel Comics Support


Barnes & Noble, Inc. (NYSE:BKS) has updated the Nook Color to support Netflix, Flixster, and Marvel Comics. Other updates include the ability to read books in landscape mode. The Nook Color currently is priced at $199. Future software updates will include access to Pandora and Rhapsody. Check out the press release below:
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Warner Bros. Acquires Flixster, Gaining Ownership Of Rotten Tomatoes In The Process


Time Warner subsidiary Warner Bros. Entertainment, Inc. has acquired Flixster. Flixster is a social network that is centered around movies. Through the acquisition, Warner Bros. also gains possession of the valuable Rotten Tomatoes brand. News Corp. sold Rotten Tomatoes to Flixster in exchange for cash and equity last year.
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News Roundup: Google Buzz, Apple Aperture 3, LG GD800 Mini and GT350, Foursquare-Zagat Deal, Motorola Invests In TuneWiki, Flixster Raises $12.5M, Yammer Raises $10M



Google Buzz



Google is making GMail more interactive by integrating additional social media features into the service. Coined as Google Buzz, GMail will soon have the ability to share videos, photos, and websites with contacts within the e-mail service itself. Flickr and Twitter are both supported. [Google Blog]


Apple Aperture 3



Apple has upgraded Aperture to the 3rd version this morning. Aperture is a high-end photo editing software. New features include Faces, Places, and Brushes. [Apple.com]


LG GD800 Mini and GT350



LG has announced two new mobile devices: the LG GD880 Mini and the GT350. THe GD880 has a 3.2″ touchscreen, 5 megapixel cam, WiFi, AGPS, and 7.2Mbps HSDPA. The GT350 has a four line QWERTY sliding keyboard and a 3″ WQVA touchscreen. No details on pricing yet. The GD880 Mini will be available in Europe starting next month. [BGR]


Foursquare-Zagat Deal



Foursquare has announced a deal with Zagat. Foursquare will soon offer their users a “Foodie” badge that indicates how many times the user has rated restaurants on Zagat. [NYT]


Motorola Invests In TuneWiki



TuneWiki has raised $7 million in funding from several investors. This is TuneWiki’s second round of investment. Investors include Motorola Ventures, Benchmark Capital, Intellect Capital Ventures, HillsVen Capital LLC, and Novel TMT. [Globes Israel]


Flixster Raises $12.5 Million



Flixster was recently acquired by Rotten Tomatoes, but that hasn’t stopped the company from raising additional funding. According to a filing with the SEC, Flixster has raised $12.5 million. The investors were undisclosed. Flixster currently receives 30 million unique visitors per month. [VentureBeat]


Yammer Raises $10 Million



Yammer, the micro-blogging enterprise service has raised $10 million in funding as part of a Series B. Yammer has about 60,000 companies registered as their clients. “We said that we would use our Series B financing to bolster engineering, sales, and marketing,” stated Yammer founder and CEO David Sacks in a press release. [PRWeb]


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Flixster Eats Up Rotten Tomatoes

Social movie website Flixster.com encourages users to share movie ratings and write reviews. Earlier this week Flixster acquired another movie reviews website RottenTomatoes.com. RottenTomatoes.com was owned by IGN Entertainment which is a subsidiary of News Corporation. Last month it was rumored that MySpace may buy out Flixster, but that did not come into fruition.

News Corporation will maintain a stake in the combined Rotten Tomatoes and Flixster company. Flixster has mobile applications on the iPhone, Palm Pre, BlackBerry, and Android. Rotten Tomatoes and Flixster will operate as separate entities.

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Flixster Raises $5 Million Out Of Desired $8 Million Second Round

Flixster Logo
Flixster, the movie review company with a popular Facebook application has raised $5 million out of a planned $8 million second round.  Flixster is essentially a movie review social network that started in January 2006.  Flixster receives roughly 20 million-50 million pageviews per day. 

This round of funding was provided by Pinnacle Ventures and Lightspeed Venture Partners.  In order to compete, Netflix introduced similar social networking and reviewing features within their DVD rental services.

Lightspeed Ventures previously invested around $2 million or less around January 2007.  Here are some of the statistics on the site as of January 2008 (via Wikipedia):

  • User Homepages: 42,122,063
  • Movie Ratings: 1,225,752,033
  • Quiz Questions: 3,017,434
  • Movies: 34,254
  • Actors: 71,934
  • Photos: 1,312,286
  • Videos: 353,672

Information Source:
[1] PEHub: Flixster Raises Second Round

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Liberty Media Ups Stake in IAC to 30%; IAC Getting “Close To” Flixster Acquisition

IAC, Liberty Media, and Flixster Logos
Fortune 500 American media company, InterActiveCorp operates 60 brands, employs 20,000 employees, and has its fair share of interesting headlines.  All of IAC’s web sites attract 680 million visitors.  IAC is also the largest buyer of online advertising.  IAC’s 60 brands keeps the company’s dazzling, spectacle headquarters glowing:
InterActiveCorp Headquarters
[image source: IAC press release]

Yesterday, Liberty Media Holding Corp. International bought 14 million shares of IAC/InterActiveCorp from a single holder.  And then IAC bought 6 million shares of its own stock from that same single holder.  This brings Liberty Media’s ownership of IAC to 30%.

IAC gave their Internet property, Ask.com a major marketing overhaul.  Jakob Lodwick, co-founder of Vimeo, parted ways with IAC after a disagreement with the company’s management recently.  And today I read that IAC may be close to acquiring Flixster.

Flixster is a social network centered around movies.  According to TechCrunch, either the deal is done or is “very close.”  The deal is rumored to be potentially around $150-$200 million.  One of Flixster’s primary traffic drivers is its Facebook Application.  Flixster raised around $2 million from Lightspeed Ventures and other angel investors.  The social networking company is based in San Francisco, Calif.

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Flixster Acquisition May Not Be Too Far Away

Flixster Logo“They [Joe Greenstein and Saran Chari, founders of Flixster] have built an amazing user generated content site around movies, including ratings, reviews, actor pages, trivia quizes, movie compatability tests and tons of other stuff.”
-Jeremy Liew, Partner at Lightspeed Venture Partners

San Francisco, Calif.-based movie and social network database, Flixster.com, has seen exponential growth since its January 2006 start. Flixster currently has 30 million-plus user homepages, has 870 million+ movie ratings, and 1.5 million+ quiz questions in user-generated content. The database currently also hosts over 30,000 movie profiles, 60,000 actor profiles, 1.1 million pictures, and 310,000 videos. Flixster’s Facebook Application is part of the reason why Flixster has seen enormouse growth as well.

Today TechCrunch reported that we may see a Flixster acquisition happen soon. TechCrunch sources have cited that a letter of intent was sent to Flixster from InterActivCorp (NASDAQ:IACI), parent company of Ask.com, LendingTree, Ticketmaster, HSN, and Match.com. The rumored valuation is worth $150 million.

Flixster is monitored by several administrators and the company has about 8 employees. Besides the Facebook Application, another reason for Flixster’s accelerated growth is because users are asked to provide GMail or Yahoo! Mail passwords and then the user is asked to invite friends and family from their contact lists.

Flixster is powered with $2 million in funding from Lightspeed Venture Partners. Keep checking Pulse 2.0 to see whether the acquisition takes place.

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