Archives

Marc Andreessen Joins Facebook Board of Directors

Authored by Mark Hefflinger on July 1, 2008 - 11:25am.

Palo Alto, Calif. - Online social network Facebook has announced that Marc Andreessen, Netscape co-founder and current chairman of white-label social networking platform Ning, has joined its board of directors. "Marc is an industry leader, and we're fortunate to have him join our board," said Facebook founder and CEO Mark Zuckerberg. "He has experience that is relevant to Facebook in so many ways: scaling companies that are experiencing extraordinary growth, creating successful technology platforms, and building strong engineering organizations. I know Marc will be a great mentor to me and our leadership team."

Redford to Helm Sundance Channel Short Films for Mobile

Authored by Mark Hefflinger on July 1, 2008 - 11:24am.

New York - Sundance Channel founder Robert Redford, who along with partners NBC Universal and Showtime, sold the network to Cablevision last month for $500 million, plans to produce a series of short films for mobile phones for the network, The New York Times reported. Redford, who will continue to consult for the network, told The Times he would probably direct and possibly appear in the short films.

NBC Universal Names Vivi Zigler Head of Digital Entertainment

Authored by Mark Hefflinger on July 1, 2008 - 11:23am.

New York - NBC Universal (NYSE: GE) has promoted Vivi Zigler to the position of president of NBC Universal Digital Entertainment, where she will oversee the NBC Universal Digital Studio and NBC Digital Entertainment, including NBC.com. Zigler was most recently EVP of NBC Digital Entertainment and New Media, where under her leadership NBC.com saw significant increases in traffic and profitability.

"Rock Band" to Add 12 Downloadable Tracks from The Who

Authored by Mark Hefflinger on July 1, 2008 - 11:21am.

New York - Viacom's (NYSE: VIA) MTV Games and Harmonix studio on Tuesday announced that it will add a dozen songs from The Who to the tracks available for download for its "Rock Band" game via the Xbox Live Marketplace and PlayStation Store. The tracks -- which include three from The Who's "Live at Leeds" album, the first live tracks to be featured in the game -- will sell for $1.99 each or $19.99 for the entire collection when they are released on July 15.

RealD to Equip Up to 1,500 Cinemark Screens with Digital 3D

Authored by Mark Hefflinger on July 1, 2008 - 11:19am.

Los Angeles - RealD, a provider of digital 3D movie theater projection systems, announced on Tuesday that movie exhibitor Cinemark Holdings will add up to 1,500 RealD 3D screens to its circuit. Cinemark operates 408 theaters and over 4,600 screen in 38 states and 12 countries including Mexico. RealD said the deal will put it past the 5,000 screen installation mark worldwide.

Habbo to Host Teen Talks with Matthew Shepard Foundation

Authored by Mark Hefflinger on July 1, 2008 - 11:18am.

Los Angeles - Habbo, a virtual community for teens that recently surpassed 100 million avatars created by its users, has announced a partnership with the non-profit Matthew Shepard Foundation, which was founded by the mother of 21-year-old murdered in an anti-gay hate crime in 1998. The foundation will host an ongoing series of conversations within the virtual world, on topics including "how to deal with bullying, discrimination and hate experienced on and offline and how to encourage respect among peers."

Neopets Creators Launch New Studio Meteor Games

Authored by Mark Hefflinger on July 1, 2008 - 11:16am.

West Hollywood, Calif. - The original creators and founders of the social network and online game Neopets, which was sold to Viacom's MTV Networks for $160 million in 2005, on Tuesday announced the launch of Meteor Games, a new independent game studio based in West Hollywood, Calif. The company's first product will be an all-new intellectual property that combines massively multiplayer online games and social networking, and is being designed and created by Meteor co-founders Adam Powell and Donna Williams.

TopTenREVIEWS Lands $6 Million for Product Reviews Site

Authored by Mark Hefflinger on July 1, 2008 - 9:59am.

Ogden, Utah - TopTenREVIEWS, a site that offers product reviews and pricing comparisons on consumer electronics and entertainment products and services, announced on Tuesday that it has raised $6 million in new funding from Highway 12 Ventures and Village Ventures.

Report: Label Revenue Outside Direct Music Sales Up 14%

Authored by Mark Hefflinger on July 1, 2008 - 9:39am.

London - U.K. record company revenues outside direct sales of music -- such as licensing, and other areas outside the recording copyright -- increased by 13.8% to $242 million in 2007, and now account for 11.4% of their domestic income, according to a report from the BPI, a record label trade group. The report noted that income from new digital business models -- such as on-demand Web and mobile streaming -- grew by 55.7% in 2007.

iPhone 3G Price Tag Without 2-Year Contract: $599/$699

Authored by Mark Hefflinger on July 1, 2008 - 9:00am.

Dallas - AT&T (NYSE: T) on Tuesday announced its pricing for the Apple (NASD: AAPL) iPhone 3G, noting that some time in the future it will for the first time sell the device without a two-year contract agreement, for an extra $400.

tags: Mobile | Apple | AT&T | Cellphones | iPhone |

Minnesota to Pay ESA $65K for Overturned Video Game Law

Authored by Mark Hefflinger on July 1, 2008 - 8:37am.

Washington - The Entertainment Software Association (ESA), a U.S. video game publisher trade group, has announced that the state of Minnesota has been ordered by a federal court to pay the group $65,000 in attorneys' fees, expended during a challenge to the state's law banning the sale of violent games to minors.

tags: Games | Law | Lawsuits | ESA | Tim Pawlenty |

Report: Microsoft to Cut Xbox 360 Price to $299

Authored by Mark Hefflinger on July 1, 2008 - 8:00am.

Los Angeles - Microsoft (NASD: MSFT) plans to slash $50 off the price of its Xbox 360 video game console in advance of the industry's E3 trade show this month, bringing the price for the 20GB model to $299, according to The Hollywood Reporter, which cited "a major retailer." The cut would make the Xbox 360 Pro $100 cheaper than Sony's (NYSE: SNE) 40GB PlayStation 3, and bring it closer to the top-selling Nintendo Wii, which currently costs $250.

Nokia Licenses Warner Music Group for "Comes With Music"

Authored by Mark Hefflinger on July 1, 2008 - 7:34am.

Espoo, Finland - Mobile phone giant Nokia (NYSE: NOK) announced on Tuesday that it has signed a deal to add Warner Music Group's (NYSE: WMG) catalog to its "Comes With Music" line of phones that ship with a year's worth of unlimited music downloads, as well as its Nokia Music Stores. The company previously licensed Universal Music Group tracks for the service in December 2007, and Sony BMG in April.

Warner Music Group logo

Authored by Mark Hefflinger on July 1, 2008 - 7:33am.
Warner Music Group logo

Social Games Developer Playfish Lands $1 Million

Authored by Mark Hefflinger on July 1, 2008 - 7:19am.

London - Playfish, a U.K.-based developer of games for social media, has raised a $1 million round of bridge financing from Accel Partners, VentureWire reported.

Video Game Publisher Playlogic Closes $3 Million in Equity

Authored by Mark Hefflinger on July 1, 2008 - 7:08am.

Amsterdam - Video game publisher Playlogic Entertainment announced that it has raised $3 million in equity, at $1.15 a share.