ArchivesQtrax to Launch Ad-Supported Legal P2P Service Next WeekAuthored by Mark Hefflinger on June 13, 2008 - 10:17am.
New York - Qtrax, the developer of a free, ad-supported music file-sharing service, said in a note on its website that it plans to launch its service next Wednesday, on June 18. The company notably misfired with its first launch announcement, claiming it had landed licensing deals with all the majors at an industry conference in January before the deals had been signed. Qtrax recently signed a licensing deal with major label EMI, and has also secured licenses from labels Universal Music, Sony BMG, Beggars Group and TVT, as well as all of the major music publishers. Big Redlasso Clients Depart in Wake of Network DemandsAuthored by Mark Hefflinger on June 13, 2008 - 10:16am.
New York - In the wake of a raft of cease-and-desist notices sent by networks demanding that Redlasso no longer tailor TV news clips for bloggers, several of the company's high-profile clients -- including The Huffington Post and Crooks and Liars -- have stopped using the service, Silicon Alley Insider reported. The networks sent their notices to New York-based Redlasso in late May, and gave the company until May 29 to respond. The service is still producing condensed TV news clips for the Web for sites including TVNewser, PopCrunch and HotAir. Bleacher Report Content to Feature on FoxSports.comAuthored by Mark Hefflinger on June 13, 2008 - 10:15am.
San Francisco - Four months after officially launching its community-driven online sports network, San Francisco-based Bleacher Report said on Friday that it has forged a new partnership with Fox Sports. Through the agreement, Fox Sports will feature original Bleacher Report content on its FoxSports.com site, alongside content from its own writers. More than 4,000 writers have contributed a total of 30,000 original stories to Bleacher Report since September. CEO of Video Compression Firm On2 Technologies ResignsAuthored by Mark Hefflinger on June 13, 2008 - 10:14am.
Tarrytown, N.Y. - On2 Technologies, a developer of video compression technology, announced on Friday that Bill Joll has resigned as its president and CEO. Matthew Frost, the company's executive vice president and general counsel, has been named to the positions of COO and interim CEO. SouthPeak, Legacy to Publish Game Based on "Igor" MovieAuthored by Mark Hefflinger on June 13, 2008 - 10:13am.
Midlothian, Va. - Video game publisher SouthPeak Interactive said on Friday that it will co-publish "Igor," based on the forthcoming animated film from The Weinstein Company and MGM Studios, along with developer Legacy Interactive. The game is slated for release alongside the film in September for Nintendo Wii, DS and the PC. "Stonewall Brawl" Game Commemorates Gay Rights MilestoneAuthored by Mark Hefflinger on June 13, 2008 - 10:11am.
Los Angeles - Gay cartoonist Eric Orner and Jay Laird, a developer with Metaversal Studios, have teamed to create an online Flash game based on the historic 1969 Stonewall riots -- which are often cited as the origin of the gay rights movement in the U.S., GayGamer.net reported. "Stonewall Brawl" is slated to launch on Metaversal's BurningVillage.com website on June 22, to coincide with Gay Pride celebrations in New York City and San Francisco. MySpace Site Redesign to be Unveiled Next WeekAuthored by Mark Hefflinger on June 13, 2008 - 9:19am.
Los Angeles - News Corp.'s (NYSE: NWS) MySpace online social network is preparing to unveil a major site redesign next week, aimed at widening its demographic appeal and increasing user engagement. AT&T Considering Extra Bandwidth Fees for Heavy DownloadersAuthored by Mark Hefflinger on June 13, 2008 - 9:06am.
New York - AT&T (NYSE: T), the nation's largest Internet service provider, is looking at charging its customers who consume the most bandwidth downloading and uploading content extra for its services, the Associated Press reports. Time Warner Pulls Out of Bidding War for Weather ChannelAuthored by Mark Hefflinger on June 13, 2008 - 8:56am.
New York - Time Warner (NYSE: TWX) has withdrawn from its attempt to acquire the Weather Channel, according to a report by Reuters on Friday, which cited sources close to the negotiations. tags: Deals | TV | Acquisitions | NBC Universal | Time Warner | The Weather Channel | Blackstone Group | Bain Capital |
Report: U.S. Game Sales Up 37% in May to $1.12 BillionAuthored by Mark Hefflinger on June 13, 2008 - 8:40am.
Macrovision Buys Assets of TV Commerce Firm ThoughtWorthyAuthored by Mark Hefflinger on June 13, 2008 - 8:15am.
Santa Clara, Calif. - Macrovision (NASD: MVSN), a provider of anti-piracy technology and informational media databases, announced on Friday that it has acquired website and technology assets from ThoughtWorthy Media, a platform that allows TV viewers to identify, research and purchase online the music, products and advertising they see on television. Analysis: Google Users Big Spenders Online - UpdateAuthored by Heather Hopkins on June 13, 2008 - 7:16am.
WooMe Raises $12.5 Million for Online Video Dating ServiceAuthored by Mark Hefflinger on June 13, 2008 - 6:38am.
San Francisco - WooMe, an online video dating service that utilizes webcams, announced this week that it has landed a $12.5 million second round of financing, led by Index Ventures with participation from return backers Atomico and Mangrove Capital Partners. Blog Search Engine Technorati Gets $7.5M of $10 Million RoundAuthored by Mark Hefflinger on June 13, 2008 - 6:31am.
San Francisco - Technorati, a search engine for blogs, has called down $7.5 million of a $10 million fourth round of venture capital financing, PEHub.com reported, citing a regulatory filing. tags: Deals | VC | Blogs | Search | Technorati | Publishing | Draper Fisher Jurvetson | Mobius Venture Capital | FG Incubation |
Chinese Online Ad Network AdChina Lands $10 MillionAuthored by Mark Hefflinger on June 13, 2008 - 6:20am.
Shanghai, China - AdChina, a Shanghai-based online ad network, announced this week that it has raised $10 million in first round funding, led by Mayfield China. |
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