Feeds

Crazy Frog leaps into deal with Murdoch

News Corp to buy Jamba

Build a business case: developing custom apps

News Corp is expected to announce today that it is to buy Jamba, the ringtone vendor that unleashed Crazy Frog on the world.

Rupert Murdoch's firm will secure a majority share in Jamba of 51 per cent in a purchase set at $187.5m, according to the Wall Street Journal.

Jamba (known as Jamster in the US) is the Berlin-based ringtone unit of US technology company VeriSign. It will be merged with News Corps' Mobizzo unit, which sells "mobisodes", short video clips of Fox TV shows, including 24.

It's a move that indicates News Corp's expansion into providing web-based media content, which will include ringtones, wallpaper, and clips from The Simpsons. Jamba will also sell content through Murdoch-owned social networking website MySpace.

Jamba will continue trading under the same name and News Corp's Lucy Hood will become chief executive of the merged company.

After buoyant sales from the success of Crazy Frog, Jamba's sales grew from $40m in 2003 to $500m last year, according to the Wall Street Journal. But Verisign chief executive Stratton Sclavos said this figure looks set to decline to $300m this year. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.