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Qtrax to Launch Ad-Supported Legal P2P Service Next Week

Authored 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.

tags: Advertising | P2P | Music | Qtrax |

Big Redlasso Clients Depart in Wake of Network Demands

Authored 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.com

Authored 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 Resigns

Authored 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" Movie

Authored 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 Milestone

Authored 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 Week

Authored 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 Downloaders

Authored 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.

tags: Video | Policy | P2P | AT&T | ISP |

Time Warner Pulls Out of Bidding War for Weather Channel

Authored 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.

Report: U.S. Game Sales Up 37% in May to $1.12 Billion

Authored by Mark Hefflinger on June 13, 2008 - 8:40am.

Port Washington, N.Y. - Sales of video game hardware and software in the U.S. were up 37% in May from a year ago, to $1.12 billion, boosted by Take-Two Interactive's (NASD: TTWO) bestseller "Grand Theft Auto IV," which sold 871,300 units during the month, according to data from market research firm NPD Group. Nintendo led hardware sales for the fourth consecutive month, moving 675,000 Wii consoles and 453,000 DS handhelds, compared with sales of 209,000 Sony (NYSE: SNE) PlayStation 3 consoles and 187,000 Microsoft (NASD: MSFT) Xbox 360s.

Macrovision Buys Assets of TV Commerce Firm ThoughtWorthy

Authored 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 - Update

Authored by Heather Hopkins on June 13, 2008 - 7:16am.

I got a request today to update the chart I posted back in February comparing the online audience for Yahoo! Search and Google.com given yesterday's announcement about a advertising deal between the two. Last time I did the analysis I found an age gap - with Yahoo! Search users skewing younger than Google.com users - and also found that Google users tend to be bigger spenders online. The age gap has closed slightly so that Yahoo! Search users still do tend to skew younger than Google but by a smaller margin than in February.

WooMe Raises $12.5 Million for Online Video Dating Service

Authored 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 Round

Authored 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.

Chinese Online Ad Network AdChina Lands $10 Million

Authored 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.