London - Major record label EMI announced on Monday that it has accepted a buyout offer of about $4.7 billion from British private equity firm Terra Firma. [more..]

New York - News Corp.'s MySpace has agreed to share the identities of around 7,000 registered sex offenders whose profiles it has deleted from the site with Attorneys General in eight states who had requested the information. [more..]

Los Angeles - The Writers Guild of America (WGA), which represents movie and TV writers, has issued a "Pattern of Demands" for approval by its members -- including increased compensation for reused and original works featured online and released on DVD -- in advance of contract negotiations set to begin in July. [more..]

New York, N.Y. - Alltel Corp., the Arkansas-based voice and data communications service provider, has agreed to be acquired by New York-based Goldman Sachs and Texas-based TGP Capital for $2.5 billion. [more..]

Redwood City, Calif. - Video game developer and publisher Electronic Arts announced on Monday that it has made a $167 million equity investment in Chinese online game operator The9, which will give EA an approximate 15% stake in the company. [more..]

Hong Kong - A Hong Kong man thought to be the first ever convicted of copyright infringement of movies on the BitTorrent file-sharing network has lost his appeal, Reuters reported. [more..]

New York - Online social network Facebook plans this week to announce a new tool that will allow companies to market to its users via their own branded pages, the Wall Street Journal reported on Monday. [more..]

Los Angeles - YouTube favorite "Little Loca," aka actress Stevie Ryan, is among the first from the site's roster of amateur talents to land a paying TV gig, the Los Angeles Times reported. [more..]

New York - Comic book publisher and licensing company Marvel Enterprises announced on Monday that it has authorized a $200 million stock buyback plan. [more..]

Tewksbury, Mass. - Starent Networks, a provider of technology that lets mobile operators offer multimedia services to subscribers, has set the terms of its upcoming initial public offering (IPO), in which it expects to raise $81.9 million selling 10.5 million shares at between $9 and $11 per share. [more..]

Los Angeles - Gorilla Nation, a provider of online advertising services, announced that it has raised $50 million in its first round of financing, from Great Hill Partners, which will receive a significant minority stake in the company. [more..]

Rotterdam - Minoto Entertainment Europe, a Netherlands-based developer of online game services, announced on Monday that it has raised an undisclosed of new financing, from Lunatech Ventures. [more..]

Beijing - C9 Media, a producer and distributor of interactive TV programming in China, announced on Monday that it has raised $750,000 in new financing, from Dragonvest Partners. [more..]

Weehawken, N.J. - Origin Digital, a provider of video applications services, announced on Monday that it has received an undisclosed sum of new financing from Constellation Ventures II, which the company will use for product development and marketing. [more..]

Los Angeles - Presidential hopeful Hillary Clinton has asked visitors to her website to vote for what should become her official campaign song. Suggestions include "Beautiful Day" and "City of Blinding Lights" by U2; "Ready to Run" by the Dixie Chicks; "Right Here, Right Now" by Jesus Jones; and "I'll Take You There" by the Staple Singers. Users are also encouraged to submit their own suggestions. [more..]

San Antonio, Texas - Radio giant Clear Channel announced on Monday a new service that will allow its local stations to interact with listeners via mobile phones. The free service, initially available for New York's WHTZ, WAXQ, WKTU, WWPR and WLTW, will allow users to send text messages to the studio, participate in contests, make requests, receive song alerts, and view the last ten songs played. Clear Channel said it plans to add downloads of station logos, wallpapers and ringtones later this summer, and expand the service to up to 100 of its stations by the end of 2008. [more..]

Washington - XM Satellite Radio on Monday announced that it will launch a radio channel dedicated to the 2008 presidential election. A preview of the channel, which will feature both original XM content and C-SPAN archived audio content, will launch in June with live coverage and a re-broadcast of candidate debates hosted by CNN. [more..]

Los Angeles - Venevision, a Spanish-language TV distributor owned by Venezuela's Grupo Cisneros, plans to launch a series of mobisodes for several of its telenovelas, Variety reports. Twenty 2.5-minute episodes of "Querido Profe" and seven 7.5-minute episodes of "Mi Ultimo Deseo" will initially be available for downloads to computers and mobile devices. [more..]

*A correction has been made to this story.
New York - Turner Broadcasting's Adult Swim animated TV division has launched a digital music promotion called "Warm & Scratchy," where users can download a free sampler album of indie music, as well as post the playlist to their blogs or social network profiles. The sampler offers tracks from artists including TV On the Radio, Les Savy Fav, The Rapture, Broken Social Scene and Liars. [more..]

Burbank, Calif. - Disney Interactive Studios on Monday announced a location-based feature for its "Pirates of the Caribbean: At World's End" game for Nintendo DS, that will allow visitors to its theme parks who bring a DS loaded with the game to download new game content at hotspots hidden near the Pirates of the Caribbean attractions. The download unlocks new content such as unlimited health and "savvy," as well as additional costumes. [more..]