Media News

Tuesday, Oct 09

Newsfeed Update: 10.09.12

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Variety Bought by Deadline Owner Penske Media, Third Point (Los Angeles Times)
The Hollywood trade paper Variety has been acquired by Penske Media Corp. and its financial backer, private equity firm Third Point, for about $25 million, in a power shift for the world of show business.

Twitter Mulls an In-House Video-Hosting Service (AllThingsD)
Twitter is considering building its own video-hosting technology, according to sources. That means users could upload video directly via the service's mobile apps, instead of using hosting services.

OKCupid to Venture Into Housemate Matching (SocialTimes)
OKCupid is beta-testing a housemate-matching service on an undisclosed domain, according to co-founder and CEO Sam Yagan. Housemates, he explained, are a logical use case for a platform that matches people based how they answer questions.

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