Eat.fi Acquired By MTV Media
Eat.fi, the Finnish restaurant search and review site, was acquired by MTV Media on Monday. MTV, one of the largest media corporations in Finland, plans to combine Eat.fi with its own food related site, Makuja, in hopes of building the leading online food and restaurant service in Finland.
Rumor has it that Eat.fi was in acquisition talks with an unnamed Finnish media company already in 2009, but the deal reportedly fell through due to differences in Eat.fi's valuation. No figures were disclosed on yesterday’s deal.
Old Media Sues New Media: Case TV-Kaista
A huge group of Finnish old media companies and different organisations are wishing TV-Kaista a Merry Christmas in the form of a lawsuit for TV-Kaista's service offering, according to Helsingin Sanomat. TV-Kaista has become famous in Finland (and outside Finland as well) to enable television watching regardless of time and location - up to two weeks that is. TV-Kaista offers the possibility to view any of the 11 Finnish televison channels over the internet two weeks back. This does not go down well with MTV Media, Sanoma Television, Yleisradio, Kopiosto, Teosto and Sound and Video producers' association.
