The American company
Newsland is delivering news content to mobile devices of users in Europe and Russia, with more than 180,000 customers worldwide, according to the company. Yesterday, Newsland announced that it had sold 100% of the shares of the Russian company eMedia Holding for $ 3.8 million.
The decision of eMedia shareholders to buy a new business looks logical, because Newsland is focused on Russian-speaking owners of smartphones and PDAs. The new owner is not talking about personnel changes - Mark Fedin, the Russian entrepreneur who founded Newsland, will, as before, lead the business.
The trademark and the company's line of business will remain the same. Recall that the main product of Newsland is a personal media service that converts images and text into a format convenient for reading on mobile devices with a large screen. In the catalog of sources from which information is taken, about 100 Russian-language media.
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Service are going to improve in the fashionable now Web 2.0 direction. It is stated that the community for professional and personal interests will be created on the Newsland portal. Users will be able to comment and rate the news. In addition, in the future, combine the service for the exchange of news and opinions with the social network.
“We are going to create a cult project in a very short time,” says the company. “In connection with this, the system of work with content providers, as well as the system of submission of materials, will be significantly changed.”
In addition, there will be additional opportunities for searching, sorting and managing information, the number of news delivery formats will be increased. It is not yet known which of the new features will have to be paid for - for now, most of the services on Newsland are free.