Washington - In a letter to the U.S. Trade Representative sent on Monday, six lawmakers -- including House Financial Services Committee Chairman Barney Frank, and House Judiciary Committee Chairman John Conyers -- said the U.S. should consider altering its ban on Internet gambling instead of paying compensation to countries who say the U.S. is violating trade agreements, Reuters reported. [more..]

Frankfurt, Germany - A local court in Hamburg, Germany has sided with Vodafone and issued a preliminary injunction on the sale of Apple's iPhone, over objections to the company's exclusive distribution deal with rival mobile network T-Mobile, Reuters reported. [more..]

Washington - A bipartisan group of U.S. Senators has called for a "thorough review" of the video game industry's ratings process, in a letter to the Entertainment Software Ratings Board (ESRB) that focuses on Take-Two Interactive's violent "Manhunt 2" game. [more..]

San Francisco - Following reports that Comcast, the nation's second-largest broadband provider, is using technology to inhibit some users from sharing files using peer-to-peer technology on its network, comes news that fellow broadband provider Cox is employing similar tactics with its customers, The Register reported. [more..]

Chicago - Universal Music Group has pulled the plug on a Web-based project offered by recording artist Nine Inch Nails, which let fans create and post remixes from the master tracks used to create the band's recent album, Pitchfork reported on Tuesday. [more..]

New York - News Corp.'s MySpace has partnered with mobile music distributor Textango on a promotion that will provide a free download of an upcoming album from Epitaph Records artists Pennywise, Adweek reported. [more..]

King of Prussia, Penn. - Red Lasso, a stealth-mode start-up developing an online video distribution service for broadcasters, has raised $6.5 million in funding, from investors including Anthem Capital, Osage Ventures, the Guggenheim Opportunity Fund and Pat Croce, former president of the NBA's Philadelphia 76ers, VideoNuze reported. [more..]

Washington - TinselVision, a broadband video-on-demand service that delivers Indian TV and Bollywood films overseas, announced that it has raised more than $3 million in its second round of venture capital financing, led by Innovative Entertainment Limited. [more..]

P2P content distributors are nothing more than freeloaders. The only person/organization that benefits from P2P usage are those that are trying to distribute content and want to distribute it on someone else's bandwidth dime, blogs Mark Cuban.
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Los Angeles - Warner Bros. Intl. Television Distribution has announced plans to launch a series of video-on-demand services with cable, satellite and broadband providers in regions including the U.K., Europe and Asia, Variety reported. [more..]

Santa Monica, Calif. - Yahoo announced on Tuesday that it has signed an agreement with major record label Sony BMG, extending their video-on-demand deal to allow the distribution of Sony BMG music videos in additional territories. [more..]

New York - Consumer electronics maker Haier America on Tuesday introduced the Ibiza Rhapsody, a Wi-Fi-enabled portable media player that connects directly to RealNetworks' Rhapsody digital music service. [more..]

Washington - Washingtonpost.com has launched "Washington Post Investigations," a new online section containing stories and additional features produced by the newspaper's investigative reporters. [more..]

Cambridge, Mass. - Viacom's MTV Games and Harmonix game studio, and distribution partner Electronic Arts on Tuesday announced the release of their "Rock Band" game for Xbox 360 and PlayStation 3 in the U.S. [more..]