DMW Daily, November 5, 2007

 Top Stories
New York - IAC, the media conglomerate run by Barry Diller that owns Ticketmaster, Citysearch, Ask.com and many other properties, announced on Monday a plan to split IAC into five publicly-traded companies. [more..]
Mountain View, Calif. - Google announced on Monday the development of Android, an open platform for mobile devices that will support Google's applications and services, and is being created in collaboration with T-Mobie, HTC, Qualcomm, Motorola and over 30 other firms. [more..]
Reston, Va. - Just 38% of consumers paid an average of $6 to download Radiohead's "In Rainbows" album during October, while 62% of global downloaders chose to pay nothing, according to a report from comScore, which counts a worldwide database of 2 million people whose online behavior it tracks. [more..]
Dulles, Va. - Richard Parsons will step down as the CEO of media giant Time Warner (NYSE: TW), the parent of AOL, effective Jan. 1, the company announced on Monday. [more..]
New York - News Corp. (NYSE: NWS) has reportedly lifted a moratorium on the use of Universal Music Group (NYSE: GE) artists in Fox TV shows and movies, ending a year-long ban that was instituted shortly after Universal sued News Corp.'s MySpace for copyright infringement, The Wall Street Journal reported on Monday. [more..]
Toronto - A new study commissioned by the Canadian government and conducted by the University of London found no direct evidence that file-sharing either increases or decreases CD purchases in the country, Billboard reported. [more..]
Los Angeles - News Corp.'s MySpace on Monday announced that it has completed the first phase of its new "HyperTargeting" ad program, which combs data on its users' profiles in order to serve more relevant ads, and signed up over 50 advertisers, including Taco Bell, Toyota, Sony and Microsoft. [more..]
New York - Dow Jones & Company has announced that The Wall Street Journal now counts over one million paying online subscribers, as subscriptions to WSJ.com increased 25.5% in the third quarter, Reuters reported. [more..]
Rochester, N.Y. - The number of U.S. Internet users grew 10% over the past year to reach an estimated 178 million, or 79% of adults, according to the latest Harris Poll. [more..]
Singapore - The market for premium mobile content in the Asia-Pacific region grew 57.4% in 2006, to $5.98 billion, an estimated $4.62 billion of which went to third-party content providers as opposed to be retained by mobile operators, according to a report from Frost & Sullivan. [more..]
Waltham, Mass. - W2 Group, a provider of social media marketing services, announced on Monday that it has received a $30 million investment from Monitor Clipper Partners. [more..]
New York - Millennial Media, a provider of mobile advertising services, announced on Monday that it has raised $15 million in second round financing, led by Charles River Ventures. [more..]
New York - eXelate, the developer of a "targeting data marketplace," has raised $4 million in its first round of venture capital, led by Carmel Ventures. [more..]
 Opinion & Analysis
Perhaps it was the prospect of hosting a show with no writers, or more accurately, the long arm of the South Carolina Democratic Executive Council got in the way: Stephen Colbert’s presidential bid has ended as quickly as it began. [more..]
Rohit Bhargava blogs about a recent tiff between PR professionals and Wired editor Chris Anderson.
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If all the value of my Facebook profile remains stopped at the edge of the facebook domain, I might have to give Google OpenSocial a try, blogs Mark Cuban.
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 Briefly Noted
Redmond, Wash. - Microsoft on Monday announced an agreement with Disney's ESPN, to add HD and standard-definition games, TV shows and video game programming to the Xbox Live online games and entertainment network for the Xbox 360. [more..]
Espoo, Finland - Nokia has postponed the launch of its re-imagined N-Gage mobile gaming service from this month until sometime in December, Reuters reported. [more..]
Washington - NPR on Monday announced the launch of a new NPR Music multimedia site, which features on-air and online content -- such as interviews, reviews, blogs and live performances -- aggregated from NPR and 12 NPR member stations. [more..]
Los Angeles - The Pirate Bay, a notorious Sweden-based BitTorrent tracker site, is offering what's believed to be its first marketing campaign for an artist, posting a logo and providing a link to download the new album from Swedish band Lamonte for free on its homepage, Billboard reported. [more..]
London - New Visions Mobile said on Monday that it has launched a cross-platform social network for Parlophone recording artist Kylie Minogue. [more..]
Mountain View, Calif. - Flock on Monday announced the full release of version 1.0 of its free, social Web browsing software for Mac, PC and Linux, which allows users to manage multiple social services like Facebook, Flickr, YouTube and Twitter from a single interface. [more..]