Detroit - The lucrative catalog of the Beatles will likely be made available in downloadable digital format for the first time in 2008, former Beatle Paul McCartney tells Billboard. [more..]

New York - Struggling video game publisher Atari has announced the resignation of chief executive David Pierce, along with a restructuring that will include layoffs and a complete withdrawal from the game development business as the company re-focuses on publishing and distribution in North America. [more..]

New York - The Orchard has completed its merger with Digital Music Group, Inc., a fellow provider of digital distribution services for music and video. [more..]

San Diego - Video game publishers would do well to take advantage of the online storefronts offered by next-generation video game consoles, as games with downloadable content sell 114% more than other titles, according to a report from market research firm Electronic Entertainment Design and Research (EEDAR). [more..]

San Diego - Mad Catz Interactive, a manufacturer of video game accessories, announced on Wednesday that it will acquire Saitek, a U.K.-based maker of PC games accessories and other products, for about $30 million. [more..]

Wilmington, Del. - Zone4Play, a developer of Internet, TV and mobile games content, announced on Wednesday that it has formed a joint venture with interactive TV production company Two Way Media, to exploit opportunities in the U.K. gambling and entertainment market. [more..]

Santa Clara, Calif. - Vobile, a developer of video anti-piracy technology, has received an investment pegged at below $10 million from AT&T  and Disney's Steamboat Ventures, The Wall Street Journal reported. [more..]

Boca Raton, Fla. - OpenPeak, the developer of a touch-screen interface and software merging telephony, Internet content and digital media on a reinvented "home phone," announced that it has raised $30 million in its third round of venture capital financing, led by RRE Ventures and Castletop Capital. [more..]

San Francisco - On Networks, a producer and distributor of original, on-demand HD programming, announce on Wednesday that it has raised $12 million in its second round of funding, led by Accel Partners. [more..]

Indianapolis, Ind. - ChaCha, a "human-powered" search engine, announced on Wednesday that it has raised $8 million in private equity funding and received a $2 million grant from Indiana's 21st Century Technology Fund. [more..]

Palo Alto, Calif. - Fatdoor, the developer of a neighborhood community platform and social networking service, announced on Wednesday that it has raised $5.5 million in first round funding, led by Norwest Venture Partners, and hired Jennifer Dulski, former head of Yahoo's local markets and commerce division, as its new CEO. [more..]

The nation’s #1 talk radio station, WABC in New York City, will host the resurrection of Don Imus’s Imus in the Morning when it airs on December 3rd [more..]

According to TNSMI/Campaign Media Analysis, presidential hopeful Mitt Romney is spending approximately $85,000 per day on TV commercials, and CNN says the $10.2 million he has spent this year is a record for a presidential campaign up to this point. [more..]

Steve Sternberg, Executive VP of Audience Analysis at Magna Global, believes the notion that TV viewing habits will adjust due to a prolonged strike is “nonsense" [more..]

New York - Time Warner's CNN Worldwide on Wednesday announced plans to "significantly increase the number of correspondents worldwide," as part of a multi-million dollar investment that will include the creation of a London-based digital production unit. [more..]

Redmond, Wash. - Microsoft said on Wednesday that its Xbox Live online games and entertainment service for the Xbox 360 now counts more than 8 million members in 26 countries, adding that a free system update set for release on Dec. 4 will for the first time allow for the download of full games. [more..]

New York - The former editor-in-chief and another editor at Muze, a provider of informational databases on music and other media, have announced the formation of The Tactic Company, which will provide editorial content and recommendations for handheld devices and website publishers, Billboard reported. [more..]

Milpitas, Calif. - Consumer electronics maker Creative announced on Wednesday that it has now shipped a total of 25 million MP3 players, eight years after shipping its first Nomad MP3 payer in 1999. [more..]

Vancouver, Canada - Yahoo's Flickr photo-sharing site is now host to over two billion photos, as a user from Australia posted the two-billionth image to the site yesterday. [more..]

New York - Viacom's MTV Networks said on Wednesday that it has partnered with mobile social networking firm Intercasting, to develop a mobile social network around MTV Tr3s, the company's Latino youth channel. [more..]

San Francisco - WorldTV on Wednesday announced the launch of its service that lets users create their own personalized Web TV stations, populated with clips from YouTube, MySpace, Dailymotion and other video-sharing sites. [more..]

Sunnyvale, Calif. - Social music discovery service Social.FM announced on Wednesday the release of a Facebook application that automatically scans users' profiles and creates an online radio player featuring full-length tracks from their favorite artists. [more..]

New York - Hovr, a distributor of free, ad-supported mobile games and other content, on Wednesday announced the launch of a new white-label service that will allow consumer websites, mobile portals and wireless carriers to offer their users ad-supported mobile games under their own brands. [more..]