Digital Media Roundup (May 21, 2010)

by Aanarav Sareen on May 21, 2010

Weekly Roundup

This has been a busy week in the digital media space, thanks to Google. A few important updates:

WebM, announced at Google I/O is a new codec that is designed to solve royalty issues with H264. [WebM Project]
Google enters the web-to-TV market by introducing Google TV. [Digital Media Business]
Newsweek goes from $30 million profit in 2007 to $28 million loss in 2009. [paidContent]
Campbell Brown departs CNN, citing lower ratings. An extremely open statement. [Mediaite]
YouTube turns 5. [Digital Media Business]

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