Brightcove Announces Pricing of Initial Public Offering

Brightcove Inc. today announced the pricing of its initial public offering of 5,000,000 shares of its common stock at a price to the public of $11.00 per share. The shares are expected to begin trading on the NASDAQ Global Market on February 17, 2012 under the symbol "BCOV." In addition, Brightcove has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock to cover over-allotments, if any.

Morgan Stanley & Co. LLC and Stifel, Nicolaus & Company, Incorporated are acting as joint book-running managers for the offering, and RBC Capital Markets, LLC, Pacific Crest Securities LLC and Raymond James & Associates, Inc. are acting as co-managers for the offering.

Read more: Brightcove Inc ( BCOV )

FriendFinder Networks at Forefront of Estimated $2.14 Billion Dating Services Market

New Independent Research Study Affirms Rapid Growth of Online Dating Industry Mobile Applications, Geographic Expansion and Niche Sites Key Drivers of Growth

FriendFinder Networks Inc. (NasdaqGM: FFN - News), a leading internet and technology company providing services in the rapidly expanding markets of social networking, social commerce and web-based video sharing, today is pleased to share market research that affirms the scope of the online dating industry and forecasts the market to exceed $2.5 billion by 2015.  The research report was conducted by Marketdata Enterprises, a Tampa, Florida market research publisher, which has tracked the dating service market since 1998.

Read more: FriendFinder Networks Inc ( FFN )

Netflix Releases Fourth-Quarter 2011 Financial Results

Netflix, Inc. (NASDAQ: NFLX - News) has released its fourth-quarter 2011 financial results by posting them to its website. Please visit the investor relations section of the Netflix website at http://ir.netflix.com to view the Q4'11 financial results and letter to shareholders.

As previously announced, Netflix management will host a live Q&A session at 3:00 p.m. Pacific Time to discuss the Company's financial results and business outlook, with questions submitted via email.  Please email your questions to This email address is being protected from spambots. You need JavaScript enabled to view it..  The company will read the questions aloud on the call and respond to as many questions as possible.  For those without access to the Internet the dial-in for the live earnings Q&A session is: (760) 666-3613.  After email Q&A, we will also open up the lines to take live follow-up questions.  

Read more: Netflix Inc ( NFLX )

Ku6 Media Announces Partnership with YouTube

Ku6 Media Co., Ltd. ("Ku6 Media" or the "Company", Nasdaq: KUTV), a leading internet television company in China, today announced that it has entered into a definitive agreement with YouTube, a renowned international video-sharing website, which would allow Ku6's international users to view original videos from China through a new channel operated by YouTube. We believe that this partnership will allow Ku6 to expand its content offering into the international market. Ku6 plans to recruit a team to operate this channel to help grow its user base and revenues in the international market.

Read more: Ku6 Media Co Ltd ( KUTV )

Perfect World Responds to Recent Anonymous Accusations

Perfect World Co., Ltd. (NASDAQ: PWRD - News) ("Perfect World" or the "Company"), a leading online game developer and operator based in China , today provided response to recent anonymous allegations posted on certain Chinese language websites. The allegations followed several extortion activities attempting to extort money from the Company and Mr. Chi, and malicious and false allegations reported to certain local government authorities in China . The Company believes these allegations are inaccurate, defamatory and malicious, and have seriously affected the reputation and image of Perfect World, and is taking legal actions against those involved. The independent audit committee of the Company's Board of Directors has been working to thoroughly review these allegations and will engage an independent legal counsel to assist with its review.

Read more: Perfect World Co Ltd ( PWRD )