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ArchivesPoll: Sweden's Pirate Party Will Win EU Parliament SeatAuthored by Mark Hefflinger on April 30, 2009 - 10:42am.
Stockholm, Sweden - Sweden's Pirate Party, formed in
the wake of law enforcement actions against file-sharing networks there, is
expected to garner 5.1% of votes in the upcoming European Union election,
according to a poll conducted by a Swedish newspaper, TorrentFreak reported. If
the results of the poll are duplicated in the actual elections, the Pirate
Party would get a set in the EU Parliament. "This poll confirms our recent
phenomenal growth in support, and says there will be pirates in Brussels after this
election," Pirate Party leader Rick Falkvinge told TorrentFreak.
Microsoft Windows 7 to Allow Remote PC Music StreamingAuthored by Mark Hefflinger on April 30, 2009 - 10:41am.
Redmond,
Wash. - Microsoft (NASD: MSFT) will include a
feature in its forthcoming Windows 7 operation system that lets users access
the music libraries on their home PCs remotely over the Internet from another
computer, CNET News.com reported.
Rhapsody Inks Promotion Deal for New Green Day AlbumAuthored by Mark Hefflinger on April 30, 2009 - 10:39am.
Seattle
- RealNetworks (NASD: RNWK) said on Thursday that its Rhapsody digital music service has
partnered with rock band Green Day to promote its upcoming album, "21st
Century Breakdown." The deal will see Rhapsody get a stream of the entire
album a week before its May 15 release, in addition to exclusive tracks for
Rhapsody subscribers, and a Green Day-themed Rhapsody TV ad campaign that will
run across Rhapsody partner MTV Networks' (NYSE: VIA) channels.
The Filter Adds Personalized Recommendations to DVDPostAuthored by Mark Hefflinger on April 30, 2009 - 10:38am.
Bath, England - The Filter, the
personalized recommendation engine firm founded by musician Peter Gabriel, said
on Thursday that it has partnered with Belgian online DVD rental service
DVDPost. The deal will bring Filter-powered personalized movie recommendations
to DVDPost customers, who can choose from a library of 22,000 titles.
U.S. Adds Canada to Piracy "Priority Watch List"Authored by Mark Hefflinger on April 30, 2009 - 9:50am.
Washington - The U.S. Trade
Representative on Thursday placed Canada,
Algeria and Indonesia
on its Priority Watch List of nations seen as havens for piracy.
Sirius XM to Adopt 'Poison Pill' Stockholder Rights PlanAuthored by Mark Hefflinger on April 30, 2009 - 9:18am.
New York
- Sirius XM Radio (NASD: SIRI) said on Thursday that its board has approved a "poison
pill" plan that would complicate any potential hostile takeover bids for
the company.
AOL Names Former Google Executive as New Head of Ad SalesAuthored by Mark Hefflinger on April 30, 2009 - 8:50am.
Dulles, Va. - Just weeks after taking the reigns at
AOL, Tim Armstrong on Thursday named a former colleague at Google (NASD: GOOG) as the unit's
new head of advertising.
Discovery to Launch New Network with HasbroAuthored by Mark Hefflinger on April 30, 2009 - 8:46am.
Silver Spring,
Md. - Discovery Communications (NASD: DISCA),
the owner of more than 100 cable TV networks, including the Discovery Channel,
TLC and Animal Planet, said on Thursday that it has formed a joint venture with
toymaker Hasbro (NYSE: HAS) for a new TV network and website devoted to children's
entertainment.
Disney Takes Equity Stake in Hulu; Adds ABC Full EpisodesAuthored by Mark Hefflinger on April 30, 2009 - 8:12am.
 Los Angeles
- Confirming earlier reports, Disney (NYSE: DIS) announced on Thursday that it has signed a
deal to take an equity stake in, and provide full-length TV episodes to Hulu,
the video website joint venture between News Corp. (NYSE: NWS) and NBC Universal (NYSE: GE). Coming to
Hulu will be shows from ABC, SOAPnet and Disney Channel, including "Grey's
Anatomy," "LOST," "Jimmy Kimmel Live," "The
View" and "General Hospital."
Report: Facebook in Talks on Funding; Seeks $5-$6B ValuationAuthored by Mark Hefflinger on April 30, 2009 - 7:42am.
 New York - Facebook has held "valuation discussions"
with a range of potential investors, including Providence Equity Partners,
General Atlantic, Bain Capital and Kohlberg Kravis Roberts, The New York Post
reported, citing "multiple sources close to or involved in the
situation." The sources said Facebook is interested in new funding at a
valuation of $5 billion to $6 billion, but the private equity firms it has been
in talks with see the firm as being worth more in the range of $2 billion to $3
billion.
tags: Deals | VC | Social Networking | Facebook | Investments | Providence Equity Partners | Bain Capital | General Atlantic | Kohlberg Kravis Roberts |
Web Video Ad Platform FreeWheel Secures $12 MillionAuthored by Mark Hefflinger on April 30, 2009 - 7:33am.
San Mateo,
Calif. - FreeWheel, the provider
of a Web video advertising platform, announced on Thursday that it has raised $12
million in its third round of funding, led by Foundation Capital and Battery
Ventures.
Booyah Gets $4.5 Million From iFund for iPhone GamesAuthored by Mark Hefflinger on April 30, 2009 - 7:26am.
Palo Alto,
Calif. - Booyah, a developer of
social mobile games, said on Thursday that it has raised $4.5 million in its
first round of financing from Kleiner Perkins Caufield & Byers, as part of
the firm's iFund -- which invests in developers of games for Apple's iPhone and
iPod touch.
Twitter Aggregation Firm Sawhorse Lands Seed FundingAuthored by Mark Hefflinger on April 30, 2009 - 7:18am.
Los Angeles - Sawhorse Media, a developer of sites that
focused on the Twitter microblogging service, has raised an undisclosed sum of
seed funding, from investors including Fred Seibert and Marta Wohrle,
PaidContent reported.
Report: Hulu Tops Yahoo for Third Place in Web Video in MarchAuthored by Mark Hefflinger on April 29, 2009 - 12:06pm.
Reston, Va. - Hulu, the video site joint venture
between NBC Universal (NYSE: GE) and News Corp. (NYSE: NWS), overtook Yahoo (NASD: YHOO) to become the third
most-popular Web video site in March, according to Web audience measurement
firm comScore. Hulu served 380 million videos last month, to Yahoo's 335
million. Google (NASD: GOOG) and YouTube still dwarfed all competitors, with 5.9 billion
video views, with News Corp.-owned sites including MySpace taking second place
with 437 million views.
MPAA Taps Daniel Mandil to Head Anti-Piracy EffortsAuthored by Mark Hefflinger on April 29, 2009 - 12:03pm.
Los Angeles
- Movie studio lobbying group the Motion Picture Association of America (MPAA) announced
that it has named Daniel Mandil to oversee its worldwide legal affairs and anti-piracy
efforts. Mandil previously served as EVP, global general counsel and secretary
of major record label Sony BMG, and before that was a litigation partner at
Covington & Burling in New York.
Blog Network Buzz Media Names Alan Citron PresidentAuthored by Mark Hefflinger on April 29, 2009 - 12:02pm.
Los Angeles
- Entertainment and pop culture blog network Buzz Media said on Wednesday that
it has named Alan Citron as its new president. Citron was the founding general
manager at celebrity news site TMZ, and before that was founding president of
MusicNet and of Ticketmaster Online. Former Buzz president and company founder
Anthony Batt will become chief creative officer. Buzz recently laid off 20% of
its workforce, and this week cut the staff at its Idolator music blog to one.
Sony Adds 100 Free Streaming Movies to Crackle.comAuthored by Mark Hefflinger on April 29, 2009 - 12:01pm.
New York - Sony Pictures Entertainment's (NYSE: SNE) Crackle.com video
website said on Wednesday that it has expanded its feature-length film
selection to nearly 100 titles, and now offers free streaming of movies
including "Spider-Man 2," "Stripes" and "La Femme
Nikita." The company said Honda will be the launch sponsor for its new
film library.
Radio Giant Clear Channel Lays Off 590Authored by Mark Hefflinger on April 29, 2009 - 11:28am.
San Antonio, Texas - Clear Channel, the largest radio station owner in
the U.S.
with 900 stations, announced on Wednesday that it will lay off around 590
employees, following an earlier round of 1,850 layoffs in January.
France Reintroduces Three-Strikes Bill; Britain Rules Out the IdeaAuthored by Mark Hefflinger on April 29, 2009 - 10:56am.
Paris - A proposal that would see repeat file-swappers lose
their Internet connections has been reintroduced in the French parliament,
while the "three-strikes" concept has been ruled out by the
government minister in charge of intellectual property in the U.K., according
to published reports.
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