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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (49206)	12/14/2005 7:03:49 PM
From: Cooters	Read Replies (1) \| Respond to of 197227

Here's s little clip from a VC guy on Thursday about the deal, this round is $50M. Should have some more details on Monday. -- <snip> Amp’d Mobile. Shortly before Thanksgiving, I got word that the mobile virtual network operator would soon announce both a major strategic partnership and a second large round of VC funding (it raised $67 million earlier this year from Highland Capital, Columbia Capital, Redpoint Ventures and Universal Music). I even mentioned it as a quiz question on Nov. 23. But then nothing, save for a distribution logistics deal with Brightpoint Inc. and a content distribution deal with CollegeHumor.com. Yesterday, however, the first shoe finally dropped with word that Amp’d had signed a content distribution deal with CBS and UPN, including exclusive rights to “America’s Next top Model.” A CBS spokeswoman told me that most of this deal’s content will be available when Amp’d handsets hit the market on Thursday, and that CBS was particularly interested in the Amp’d target market of youth and young adults (apparently as opposed to the target market for VCast, which also has a content deal with CBS). No word on why it took CBS so long to approve the release, which originally was scheduled to hit the wires on Monday, Nov. 28. No equity was involved. <snip>