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Authored by dmw on May 14, 2008 - 1:55pm.

Signiant_bottom_May14

Authored by dmw on May 14, 2008 - 1:53pm.

Signiant_leaderboard_May14

Authored by dmw on May 14, 2008 - 1:50pm.

Comcast Acquires Social Network Plaxo for $175 Million

Authored by Mark Hefflinger on May 14, 2008 - 12:08pm.

Philadelphia - Comcast (NASD: CMCSA), the nation's largest cable TV service and a leading provider of broadband access, has signed a deal to acquire social networking service Plaxo, according to a post on the Plaxo blog. While financial terms of the deal were not disclosed, TechCrunch reports that the purchase price was around $175 million.

Plaxo

Authored by Mark Hefflinger on May 14, 2008 - 12:07pm.
Plaxo

Starbucks to Test "CODE" Audio Format on Mellencamp Album

Authored by Mark Hefflinger on May 14, 2008 - 11:46am.

Los Angeles - Starbucks will test a new digital audio format, developed by veteran producer T-Bone Burnett and a team of engineers, on a forthcoming John Mellencamp album due for release via the Hear Music imprint, Digital Music News reported. The album, "Life, Death, Love and Freedom" is due for release on July 15, and will come both on CD and in the new "CODE" format -- which attempts to "closely mirror the fidelity of original, master recordings" -- on an included DVD that allows for transfers to computers and portable devices.

BlackBerry Bold to Support Music Sync with iTunes

Authored by Mark Hefflinger on May 14, 2008 - 11:44am.

Waterloo, Ontario - Research in Motion's (NASD: RIMM) new BlackBerry Bold smartphone will feature a new BlackBerry Media Sync application that lets users sync their iTunes (NASD: AAPL) digital music libraries on the device. Slated to hit stores this summer, the BlackBerry Bold will also ship with Roxio music, video and photo management software.

CrushedPlanet.com Relaunches Adult-Oriented VOD Site

Authored by Mark Hefflinger on May 14, 2008 - 11:42am.

Los Angeles - CrushedPlanet.com, a pre-bubble Web video site from the creators of HBO's "Taxicab Confessions" that focused on adult-oriented content, has re-launched as a paid video site with 15 channels, according to The Hollywood Reporter. The site initially launched in 1999, but shuttered two years later due to insufficient broadband penetration. It will feature videos related to sex, relationships and other topics, charging subscription fees of $9.95/month and $99.95/year, or between $0.99 and $3.99 for a la carte videos.

Social Network imeem Adds Support for Google's OpenSocial

Authored by Mark Hefflinger on May 14, 2008 - 11:41am.

San Francisco - Music-focused social network imeem on Wednesday released support for Google's (NASD: GOOG) OpenSocial on the imeem Media Platform, the site's third-party developer platform. With the addition, developers will now be able to port their existing social media applications created through OpenSocial to imeem, which counts over 24 million users.

YouTube Lets Advertisers Target "About-to-Go-Viral" Videos

Authored by Mark Hefflinger on May 14, 2008 - 10:43am.

San Bruno, Calif. - Google's (NASD: GOOG) YouTube has introduced a new advertising product called "buzz targeting," which allows advertisers to target videos that are expected to "go viral." The company created an algorithm that "determines which YouTube partner videos are quickly becoming popular on the site and about to go viral. The algorithm looks at several factors, such as acceleration of views, favorites, and ratings activity, and then allows advertisers to target their ads specifically to these videos on YouTube."

Korea's LG, Samsung Team on Mobile TV Standard

Authored by Mark Hefflinger on May 14, 2008 - 10:22am.

Seoul, Korea - Korean electronics makers LG and Samsung announced on Wednesday that they have partnered to develop a new mobile TV delivery standard for the North American market, as the standards body for the region prepares to adopt a technology in early 2009.

tags: Mobile | Video | Mobile TV | TV | Korea | Samsung | LG | ATSC |

SK Telecom, Virgin Mobile in Talks Over Helio, Other U.S. Assets

Authored by Mark Hefflinger on May 14, 2008 - 9:28am.

Atlanta - According to published reports on Wednesday, South Korea-based SK Telecom and Virgin Mobile USA are in strategic negotiations regarding Helio, SK's wireless services joint venture with EarthLink, as well as other business assets in the U.S.

MySpace Wins $234 Million Judgment Against "Spam King"

Authored by Mark Hefflinger on May 14, 2008 - 9:08am.

Los Angeles - News Corp.'s (NYSE: NWS) MySpace has won a $234 million anti-spam judgment against "Spam King" Sanford Wallace and Walter Rines, who were found guilty after not showing up in court to defend against charges they violated the 2003 Can-Spam Act, the Associated Press reported.

Qtrax Signs Warner/Chappell to Free, Legal File-Sharing Service

Authored by Mark Hefflinger on May 14, 2008 - 8:50am.

San Jose, Calif. - Qtrax, the developer of a free, ad-supported music file-sharing service, has secured a deal with the last of the four major music publishers, Warner Music Group's (NYSE: WMG) Warner/Chappell, to license its repertoire for inclusion on the Qtrax service, Wired.com reports.

ISP Charter to Track Web Surfing for Targeted Ad Sales

Authored by Mark Hefflinger on May 14, 2008 - 8:30am.

Los Angeles - Charter Communications (NASD: CHTR), a provider of cable TV services that also counts 2.7 million high-speed Internet customers, plans to test a targeted advertising system that would track some of its subscribers' Web surfing in order to serve them more tailored ads, according to BroadbandReports. The company has partnered with NebuAD to build subscriber behavioral profiles and then sell them to third-party ad networks.

Charter logo

Authored by Mark Hefflinger on May 14, 2008 - 8:29am.
Charter logo

Charter Communications logo

Authored by Mark Hefflinger on May 14, 2008 - 8:27am.
Charter Communications logo

Analysis: Freesat Proves Popular Online in the UK

Authored by Robin Goad on May 14, 2008 - 8:06am.

The launch of Freesat, the free satellite TV service provided by the BBC and ITV in the UK, proved popular with online consumers during its launch week. UK Internet traffic to www.freesat.co.uk, the service’s online homepage, increased by 627% between the weeks ending May 3rd and May 10th, while UK Internet searches for the term ‘freesat’ increased by 752% over the same period, making it the fastest moving search term in the UK last week.

tags: Video | TV | UK | iTV | Metrics | BBC | Sky | Freesat |

Clear Channel Agrees to $17.9 Billion Buyout

Authored by Mark Hefflinger on May 14, 2008 - 7:35am.

San Antonio, Texas - Radio broadcaster Clear Channel (NYSE: CCU) has announced its sale to private equity firms Bain Capital Partners and Thomas H. Lee Partners, for $17.9 billion or $36 per share -- ending litigation between Clear Channel, the private equity firms and a consortium of banks funding the deal. The original value of the deal was $39.20 per share in October 2007, but the banks involved later got cold feet in light of the current credit climate, and the private equity firms sued to enforce the agreement.

SouthPeak Interactive Goes Public Through Acquisition

Authored by Mark Hefflinger on May 14, 2008 - 7:05am.

Midlothian, Va. - Completing a deal first announced last month, video game publisher SouthPeak Interactive said on Wednesday that it has gone public by acquiring a majority stake in Global Services Partners Acquisition Corp. (GSPAC), a shell company that trades on the OTC Bulletin Board.