New York - Major record label Universal Music Group announced on Monday that it has signed a licensing deal with the imeem social network, that will provide on-demand, interactive streaming of Universal's music and video catalog to imeem's 19 million users. [more..]

Los Angeles - A pair of indie rock veterans and their managers have teamed to create CASH Music, a site that will allow artists to release new music, and create deeper relationships with fans, who can create remixes and spend up to $5,000 to get an executive producer credit on an artist's album. [more..]

London - Video game publisher Take-Two Interactive has won its appeal of the British Board of Film Classification's (BBFC) refusal to provide a rating for its controversial game "Manhunt 2," which effectively banned the violent game from sale in Britain, GamesIndustry.biz reported. [more..]

McLean, Va. - Clearspring Technologies, a provider of services that help media companies and advertisers syndicate and track widgets, said that it has launched its Widget Ad Network. [more..]

Los Angeles - EdgeCast Networks, a provider of content delivery network services, announced on Monday that it has raised $6 million in its second round of funding, led by Disney's Steamboat Ventures. [more..]

San Mateo, Calif. - MixerCast, the developer of an online media-sharing service, has received $4.25 million of a $5.57 million second round of venture capital financing, PEHub.com reported, citing a regulatory filing. [more..]

Miami, Fla. - Scrapblog, an online service that helps users create multimedia scrapbooks, has received an undisclosed sum of new funding from Disney's Steamboat Ventures. [more..]

Shanghai, China - Focus Media, China's larges digital media group, announced on Monday that it will acquire CGEN Digital Media Company, the operator of an in-store digital advertising network in China, for $168.4 million in cash. [more..]

San Francisco - Adknowledge, the operator of a behavioral targeting online ad network, announced that it has acquired Cubics, the developer of an online ad network for the Facebook developer community. [more..]

Rohit Bhargava: Here's the question lots of people are asking today: where and how much does privacy really matter to you online? [more..]

he problem with paid content on the web isn’t that it’s not possible — it’s that it’s HARD to do, because it requires that the content not be a commodity — and content not being a commodity typically means it’s not available anywhere else for free, blogs Scott Karp. [more..]

Redmond, Wash. - Microsoft announced on Monday that it has signed an agreement with NBC Universal's CNBC, to become the exclusive third-party provider of display and contextual ads on CNBC.com -- which counts more than 2.6 million monthly unique users. [more..]

Los Angeles - Warner Bros. Domestic Television Distribution will add segments from the online network No Good TV to its syndicated entertainment news show "Extra," TVWeek.com reports. [more..]

London - Nokia on Monday announced that it has partnered with European wireless broadband operator The Cloud, on a deal that will provide free Wi-Fi access to Nokia device owners connecting to the online Nokia Music Store from The Cloud's 7,500 Wi-Fi hotspots. [more..]

Palo Alto, Calif. - Vuze, an online entertainment distributor that uses BitTorrent peer-to-peer technology, announced on Monday that it has secured exclusive online rights to offer the Japanese anime series "NEKO Rahmen" for download on Vuze. [more..]

New York - Mobile entertainment distributor Thumbplay said on Monday that it has partnered with Microsoft's MSN Mobile, to provide ringtones, wallpapers, game and video clips on the mobile portal -- which counts over 120 million unique monthly users. [more..]

Bristol, England - Video game publisher Majesco announced on Monday that it has partnered with the creators of the music-based game "PaRappa the Rapper" -- musician and game designer Masaya Matsuura, and artist Rodney Alan Greenblat -- to develop an original music-based game exclusively for the Nintendo Wii. [more..]

New York - Take-Two Interactive's 2K Sports division said on Monday that it plans to publish a new boxing title, "Don King Presents: Prizefighter," for the Xbox 360, Nintendo Wii and DS in the spring of 2008. [more..]