Los Angeles - Jammie Thomas, the 30-year-old mother of two who last week was ordered to pay $220,000 in damages in the first of the recording industry's file-sharing lawsuits to go to a jury trial, has announced that she will appeal the verdict. [more..]

New York - NBC Universal announced on Tuesday that it will acquire women's entertainment network Oxygen Media for $925 million. [more..]

New York - The Associated Press has filed suit against Moreover Technologies, and parent company VeriSign, alleging the companies have engaged in copyright infringement and have misappropriated the news organization's trademarks. [more..]

Tokyo - Sony plans to cut the price of its PlayStation 3 console in Japan by 10%, and also launch a 40GB model of the device in the Japanese market, Reuters reported on Tuesday. [more..]

New York - Struggling video game publisher Atari has announced that France-based parent company Infogrames has removed the company's five independent board members, after receiving the written consent of stockholders. [more..]

San Francisco - Sugar Inc., a women-focused online media network whose sites include PopSugar and ShopStyle, announced on Tuesday that is has acquired fashion blog network Coutorture Media. [more..]

Woodland Hills, Calif. - ReachLocal, a provider of local digital advertising and marketing services, announced on Tuesday that it has raised $55.2 million in its fourth round of venture capital financing, led by Rho Ventures. [more..]

Cambridge, Mass. - E Ink, a developer of electronic ink-based displays, has raised $16 million in Series B financing, PEHub.com reported, citing a regulatory filing. [more..]

McLean, Va. - Mixx, a social media site that lets users create personalized news feeds, announced on Tuesday that it has raised an undisclosed sum in first round funding from Intersouth Partners, and plans to launch a public beta test of its service this month. [more..]

Emeryville, Calif. - Catalyst Mobile, a provider of mobile music and entertainment services, announced that the company has secured $10 million in its second round of financing. [more..]

London - EnQii, a provider of digital out-of-home advertising services, announced on Tuesday that it has raised $10 million in new venture capital financing, from undisclosed investors. [more..]

Beijing - WangYou Media, a Web hosting service for blogs, video and other content in China, has raised $6.12 million in its second round of funding, PEHub.com reported, citing a regulatory filing. [more..]

Manchester, England - Blade Interactive, an eight-year-old, U.K.-based video game developer and publisher, announced on Tuesday that it has received a "multi-million" dollar investment from Total Asset Ltd. [more..]

Menlo Park, Calif. - Mobile Messenger, a provider of technology and services for mobile content distribution, announced that Silver Lake Sumeru, a private equity firm, has acquired a majority stake in the company. [more..]

San Francisco - Podaddies, an online video advertising start-up, has raised just over $1 million in angel funding from The Band of Angels and The Angels Forum. [more..]

San Francisco - WeGame.com, a San Francisco-based, stealth-mode online games start-up, has raised $500,000 in seed funding from True Ventures and The Hit Forge, PEHub.com reported. [more..]

Make sure to check out the interesting video interviews conducted by Levi Shapiro for the blog IPTV Evangelist from DMW’s sold-out Millennials Conference in New York City. [more..]

With Google making moves in this space and allowing anyone to monetize web video, we’ll soon see the kind of momentum that online text advertising once had, forcing the newspapers to increasingly move online, blogs Jay Baage.
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Rohit Bhargava blogs about a realization he had when going to see the movie Confidence in Australia on its opening weekend. [more..]

Guy Kawasaki interviews Frank Warren, founder of PostSecret, a website which has been awarded five Bloggies (the most distinguished weblog awards ceremony) including Weblog of the Year and Best American Weblog. [more..]

Alviso, Calif. - TiVo announced on Tuesday that it has partnered with RealNetworks to make the company's Rhapsody digital music service available to TiVo owners who have connected their set-tops to a broadband home network. [more..]

San Francisco - BitTorrent, the company launched by the creators of the popular peer-to-peer file-sharing application, on Tuesday announced the launch of a service that will use its technology to speed the delivery of streaming video, downloadable software and video games. [more..]

Tokyo - Japanese wireless carrier KDDI has announced that it has distributed 150 million songs through its LISMO Music Store service, which launched in November 2004 under the name EZ Chaku-uta Full, Billboard reported. [more..]

Sausalito, Calif. - Former CNET Networks CEO Shelby Bonnie, who resigned last year amid the company's stock options backdating investigation, on Tuesday announced the launch of his new venture, a non-partisan politics information site called Political Base. [more..]

Mountain View, Calif. - Multiverse Network, the developer of a platform for creating 3D virtual worlds, has partnered with Google to allow users to incorporate terrain from Google Earth and 3D models from Google's 3D Warehouse into their creations, CNET News.com reported. [more..]

Palo Alto, Calif. - Vuze, a media distribution application offered by file-sharing firm Azureus, announced on Tuesday that it has now reached an installed base of 10 million and opened its publishing platform to networks, studios and other content creators. [more..]

San Diego - Sony Electronics said on Tuesday that it has added content from CondeNet, Sports Illustrated, Blip.tv and Sony Pictures to the Bravia Internet Video Link service available for owners of its Bravia high-definition televisions. [more..]

Beverly Hills, Calif. - Former Disney head Michael Eisner's Tornante Company said on Tuesday that it has signed international distribution deals for its Vuguru new media production studio's "Prom Queen" Web series. [more..]

Bedford, Mass. - Groove Mobile, a provider of mobile music services, on Tuesday announced that Canadian wireless operator Bell Mobility has launched a subscription service offering unlimited access to its catalog of over one million tracks for $15 CDN per month. [more..]

New York - MLB.com, the official website of Major League Baseball, announced the fan voting has begun for the sixth annual This Year in Baseball Awards, which provides fans around the world an opportunity to choose the top players and moments from the 2007 season. [more..]