register |
login
| search members submit a classified | request a media kit
connecting people & knowledge
RealNetworks, MTV to Spin-off Rhapsody Music ServiceAuthored by Mark Hefflinger on February 9, 2010 - 10:53am.
 Seattle
- RealNetworks (NASD: RNWK) and Viacom's (NYSE: VIA) MTV Networks, partners in the Rhapsody digital
music service joint venture, have announced plans to spin-off Rhapsody into a
new, independent company. Real, which currently owns 51% of the equity in
Rhapsody, and MTV, which owns 49%, will reduce stakes so that each hold an
equal stake of less than 50% of the company. The remaining shares will be made available
to "one or more minority stockholders."
Foreign Market Sales Boost Warner Music Group ResultsAuthored by Mark Hefflinger on February 9, 2010 - 10:00am.
 New York
- Major record label Warner Music Group (NYSE: WMG) reports that revenue from its fiscal
first quarter, ended in December, was up 3% to $918 million, although the
company posted a net loss for the quarter of $17 million. Foreign sales were up
12.7%, helping to defray sales that were down by 9.5% in the U.S., making
for an overall 3.4% increase in income.
Report: EMI Plans 'Radical' Cost Cuts, More LayoffsAuthored by Mark Hefflinger on February 8, 2010 - 10:06am.
 London
- Major record label EMI is planning "radical cost cuts, including a
further reduction in its 3,500-strong workforce," in a bid to make the
company more attractive to investors, the Telegraph reported. Terra Firma, the
private equity firm that acquired EMI for $4.7 billion before the recession hit,
is seeking an additional more than $160 million from investors, in order to
meet loan repayment deadlines and prevent a possible takeover by lender Citigroup.
Copy of "Avatar" Leaked to File-Sharing NetworksAuthored by Mark Hefflinger on February 5, 2010 - 9:54am.
 Los Angeles
- A copy of Academy Award-nominated movie "Avatar" has been uploaded to
file-sharing networks, TorrentFreak reported. Nominees were announced earlier
this week, and one of the "screener" DVDs typically sent to Academy
members who vote on the Oscars is thought to have been posted online.
Court Dismisses EMI Charges Against Seeqpod FoundersAuthored by Mark Hefflinger on February 5, 2010 - 9:27am.
 New York
- A federal judge this week dismissed copyright infringement charges brought by
major record label EMI against the founders of streaming music site Seeqpod,
GigaOM reported. U.S. District Judge Laura Taylor Swain granted Seeqpod's
motion to dismiss the case, citing lack of jurisdiction.
Justice Dept. Objects to Revised Google Books SettlementAuthored by Mark Hefflinger on February 5, 2010 - 8:39am.
 New York
- The U.S. Justice Department has voiced its objection to the revised
settlement between Google (NASD: GOOG) and authors over the Internet giant's plans to create
a digital index of the world's books. While the Justice Dept. appreciated the
"substantial progress" made between the two sides since it objected
to the first version of the settlement submitted in September, it said this
week that "class certification, copyright, and antitrust issues
remain" with the revised settlement deal.
Aussie Court: ISPs Not Liable for Users' Copyright InfringementAuthored by Mark Hefflinger on February 4, 2010 - 9:37am.
 Sydney - A federal judge in Australia has ruled that Internet service
providers cannot be held liable for copyright infringements committed by their
subscribers, dealing a blow in a closely-watched lawsuit filed by U.S. movie
studios against Aussie ISP iiNet, according to published reports. Justice
Dennis Conroy found that, while it was shown that iiNet had knowledge that its
customers were committing copyright infringement, this knowledge did not equate
to "authorizing" the activities.
tags: Video | Law | Lawsuits | P2P | Movies | Sony Pictures | Disney | Warner Bros. | Copyright | Paramount | Universal Studios | 20th Century Fox | Safe Harbor | iiNet |
Terra Firma Seeks Another $160 Million for EMIAuthored by Mark Hefflinger on February 4, 2010 - 8:28am.
London
- Terra Firma, the private equity firm that owns major record label EMI, is
seeking to raise an additional $160 million to help repay loans to Citigroup,
which helped finance the firm's $4.7 billion acquisition of EMI, according to
published reports. Terra may soon default on loan payments due, if it fails to
raise the additional capital.
Yahoo Sells HotJobs Unit to Monster for $225 MillionAuthored by Mark Hefflinger on February 3, 2010 - 11:04am.
 New York
- Nine months after it put the unit up for sale, Yahoo (NASD: YHOO) announced on Wednesday
that it has sold its HotJobs online recruitment service to Monster Worldwide
for $225 million in cash. The deal includes a three-year agreement wherein Monster
will provide career and job content on Yahoo's home page in the U.S. and Canada,
and gives Monster the rights to negotiate similar agreements for Yahoo
properties in Europe, Asia and Latin America.
Digital Media Wire Announces Advisory BoardAuthored by Ned Sherman on February 2, 2010 - 8:31am.
I am very pleased to announce the formation of the first DMW advisory board (press release below). The board is an impressive mix of entertainment and technology executives, strategic consultants and investment advisors focused on the digital media industry and will be working with us to provide insight and advice on new business initiatives, including the growth of DMW's publishing business, the creation of the DMW consulting network and opportunities for global expansion. I look forward sharing more announcements with you in the coming months. Sincerely, Ned Sherman, CEO & Publisher, Digital Media Wire, Inc. Yahoo to Shutter Tech WebsiteAuthored by Mark Hefflinger on February 9, 2010 - 11:30am.
Sunnyvale,
Calif. - Yahoo (NASD: YHOO) said on Tuesday
that it will discontinue its Yahoo Tech website, and begin redirecting the
community of users formed there to its Yahoo Technology News section.
Aussie Man to Pay Nintendo $1.3M for Pirating Wii Mario GameAuthored by Mark Hefflinger on February 9, 2010 - 10:33am.
Sydney
- An Australian man has agreed to pay Nintendo $1.3 million in damages and
reimburse $87,000 in legal costs, as part of a settlement reached after he was
taken to court or allegedly uploading a copy of "New Super Mario Bros.
Wii" to the Internet, the Sydney Morning Herald reports.
TiVo: Super Bowl More Engaging than Ads; Doritos is Top SpotAuthored by Mark Hefflinger on February 9, 2010 - 10:30am.
Alviso, Calif. - TiVo (NASD: TIVO) reports that the top five
moments during Sunday's Super Bowl broadcast that users of its digital video
recorders rewound to watch again were all from the game itself, as opposed to
the commercials.
Yahoo Hires Universal Music's Bronikowski to Head Music UnitAuthored by Mark Hefflinger on February 9, 2010 - 9:48am.
New York
- Yahoo has hired senior Universal Music Group executive Jeff Bronikowski to
head Yahoo Music, Billboard reported.
Business Publisher Penton Media Files for BankruptcyAuthored by Mark Hefflinger on February 9, 2010 - 9:43am.
New York
- Penton Media, a publisher of business magazines, announced on Tuesday that it
has filed for Ch. 11 bankruptcy protections, hoping to restructure its $270
million of debt.
Yale Gets $4 Million to Develop HIV Prevention Video GameAuthored by Mark Hefflinger on February 9, 2010 - 9:20am.
New Haven, Conn.
- Yale University has received a $3.9 million
grant to develop a video game designed to teach young people how to avoid being
infected with HIV, GamePolitics reported.
Fotomoto Raises Funding for Self-service Photo MonetizationAuthored by Mark Hefflinger on February 9, 2010 - 9:17am.
San Francisco
- Fotomoto, a service that lets photographers monetize their photos through
contacts with Web publishers, has raised $623,000 in funding.
tags: Deals | Publishing | Images | User-Generated | Draper Fisher Jurvetson | Amidzad Partners | Fotomoto |
iFollo.com Gets $1 Million for User-Submitted Celebrity SightingsAuthored by Mark Hefflinger on February 9, 2010 - 8:12am.
Park City,
Utah - iFollo.com, a site that
lets users share stories of encounters with celebrities and public figures,
announced on Tuesday that it has raised $1 million from investor Robert S.
Trump.
Italian Court Reinstates ISP Block on The Pirate BayAuthored by Mark Hefflinger on February 8, 2010 - 11:25am.
Los Angeles - An Italian
court has ruled that ISPs in the country must block access to file-sharing hub
The Pirate Bay, reinstating a ban that had been previously overruled, then
reaffirmed by Italy's
Supreme Court, TorrentFreak reported.
Google to Add 'Status Updates', Other Social Features to GmailAuthored by Mark Hefflinger on February 8, 2010 - 10:59am.
Mountain View,
Calif. - Google (NASD: GOOG) plans to add new
social features to its Gmail service that include the ability to share
"status updates" and recent activity on third-party services with
contacts, The Wall Street Journal reported, citing people familiar with the
matter.
|
Upcoming DMW Events
Feb. 24-25, 2010 | New York, NY digitalmusicforum.com 
March 10, 2010 | Toronto, Canada digitalstrategiesconference.com 
April 29, 2010 | Los Angeles, CA lagamesconference.com Events Calendar Submit a Speaker To receive event updates & announcements: 
DMW 100 Financial Index
NavigationUser loginAds |
Daily Newsletter and NetworkingLatest Top Stories
DMW Widget - Grab it and embed!Latest Briefly Noted
PollOur Sponsors
Other Ads |
Recent comments
21 hours 25 min ago
1 day 15 hours ago
2 days 2 hours ago
2 days 11 hours ago
3 days 6 hours ago
4 days 12 hours ago
5 days 5 hours ago
5 days 6 hours ago
5 days 12 hours ago
5 days 23 hours ago