Ventures

Brad Greenspan, founder of Social networking and lifestyle portal, MySpace.com, will lead an investment group, trying to take a non-controlling stake in the Dow Jones Corporation, through a letter delivered to its Board of Directors. The following proposal was inclused in the letter: Journal Investment would purchase approximately 25% of outstanding Dow Jones common stock at a price of $60 per share. The transaction would be made on a "Dutch Action" model, in which all in which all shareholders could choose to tender their shares at the $60 price, shareholds that cannot sell any of their shares.JI would purchase $250 million in common stock from Dow Jones at a price of $60 per share.Thje company will be provided with capital necessary to pursue the expansion of high growth opportunities in internet/digital/broadcasting areas. The Dow Jones Board of Directors will be completed with two more seats with specific expertise in internet/digital/broadcasting industries. Mr. Greenspan`s said that the proposal stands as an attractive alternative to the current options as a vehicle for maximizing shareholder value.The Journal Investment proposal also included the following merits: By providing a premium liquidity event at $60 per share, it creates significant immediate value for current shareholds; Allows the Dow Jones and Wall Street Journal actions to remain independent from other media conglomerates; the proposal enables Dow Jones to aggressively pursue the expansion of its electronic media revenue streams, by providing a capital infusion;Contributes the expertise necessary to unlock the value in Dow Jones’ digital assets; Finally,provides further opportunities for outsized shareholder returns as the new digital strategy is implemented. Refering to Greenspan, it currently has majority stakes in privately held Live Universe, Inc. and BroadWebAsia, which are composed of over 30 websites that reach approximately 75 million unique users each month across the U.S., Europe, Asia.MySpace, a unit of Fox Interactive Media Inc., is a lifestyle portal for connecting with friends and discovering popular culture. By integrating web profiles, blogs, instant messaging, e-mail, music streaming, music videos, photo galleries, classified listings, events, groups, college communities and member forums, MySpace has created a connected community.

by Ioana Madalina Tantareanu for SigEx Ventures (http://sigexventures.com)

SigEx Ventures's matrix of properties are quickly becoming leaders in digital telebroadcasting, free content delivery allowing people to easily talk, view, upload and share through free online TV broadcasting, free unlimited global calls, video blogs and SMS. SigEx Ventures invests in projects deploying "free" to add-on royalty revenue models

Wall Street was taken by surprise of the recent results of Goole Earnings. Although the earnings increased 28 percent, it was still below the expectations. Used to exceeding the forecast of the all mighty Wall Street, Google had to take a step back and see what went wrong. The earnings show a rise $2.93 per diluted share and they should have been of $3.01. The difference isn't that big but the fuss is much bigger than it should be, mostly because the promising company has never been under the expectations. However Google is still in front of all the other, so for the employees this should not be a reason of concerning, but for those with leading position must be a topical subject in finding solution to reclaim the place of the spoiled company that never fails expectations.

related story: http://www.theregister.co.uk/2007/07/20/google_second_quarter_earnings/

by Claudia Sonea for SigEx Ventures (http://sigexventures.com)

SigEx Ventures's matrix of properties are quickly becoming leaders in digital telebroadcasting, free content delivery allowing people to easily talk, view, upload and share through free online TV broadcasting, free unlimited global calls, video blogs and SMS. SigEx Ventures invests in projects deploying "free" to add-on royalty revenue models