DMW Daily, December 11, 2007New York
- Struggling video game publisher Atari announced on Tuesday that it has completed
some of its restructuring plans, altering its relationship with parent company
Infogrames, and secured $4 million in new borrowing capacity to meet its
holiday season financing needs.
[more..]
Los Angeles
- Vivid Entertainment Group, a large producer of adult films, announced on
Tuesday that it has sued adult video-sharing site PornoTube.com and its parent
company Adult Entertainment Broadcast Network (AEBN) for copyright
infringement, for posting or allowing the posting of Vivid content on the site.
[more..]
San Bruno, Calif.
- Google's YouTube video-sharing site on Tuesday announced the expansion of its
YouTube Partner Program, which will now enable YouTube users in the U.S. and Canada to earn a cut of revenue
generated from ads placed alongside their videos.
[more..]
Seattle - RealNetworks, a provider of media delivery
technology and services, last week laid off about 100 employees, the Seattle
P-I reported.
[more..]
London
- Global revenue from mobile games is expected to hit $3.6 billion this year,
and rise to $6 billion by 2011, according to a report from market research firm
Understanding & Solutions.
[more..]
New York
- AT&T's chief executive announced on Tuesday that it plans to make its
U-verse digital TV service available to 30 million customers by 2010, up from
the 5.5 million it currently serves, the Associated Press reported.
[more..]
Wolverhampton,
England - ROK
Entertainment Group, a U.K.-based provider of mobile TV services, announced
on Tuesday that it has acquired a 51% controlling interest in Rock, a
manufacturer of notebook PCs.
[more..]
Arlington, Va. - Airline passengers will send more than 60
million text messages in 2010, according to a new study by Freesky Research.
[more..]
Washington
- REVShare, a provider of cost-per-action TV advertising services, announced on
Tuesday that it has raised $20 million in new funding from The Carlyle Group
and H.I.G. Ventures.
[more..]
Mountain View,
Calif. - Kosmix, a developer of
search engine technology, said that it has landed $10 million in a new round of
funding from new investor DAG Ventures and previous investors Accel and
Lightspeed.
[more..] Redmond,
Wash. - Smilebox, the provider of
a free service for sharing photos, videos and words formatted with provided
design templates, announced on Tuesday that it has raised $7 million in its
second round of venture capital financing, led by Bessemer Venture Partners.
[more..]
Paris - Bahu.com, a private
social networking site for high school students across Europe,
announced that it has raised an undisclosed sum of first-round funding, led by
Lightspeed-Gemini Internet Lab.
[more..]
FCC has issued a series of booklets outlining the EAS obligations not only for broadcasters, but also for cable systems, satellite radio and wireline video providers, blogs David Oxenford. [more..]
Rohit Bhargava: In a world where it seems that everyone (and their mom) is starting a blog for one reason or another, seeing one prominent and popular blogger decide to do it less often captured my attention, and it should capture yours too. [more..]
Cupertino,
Calif. - Apple on Tuesday
announced the top-selling songs and albums of 2007 at its iTunes Store -- now the
nation's third-largest music retailer -- with Fergie's "Big Girls Don't
Cry (Personal)" and Maroon 5's "It Won't Be Soon Before Long"
taking the top spots in each category, respectively.
[more..]
San Francisco
- Friendster on Tuesday announced the launch of its developer platform, which
will initially offer over 180 applications for the online social network's 56
million global users.
[more..]
Cupertino, Calif.
- Apple has upped its allowance on the number of iPhones its U.S. and U.K. customers may purchase from
two to five, Wired reports.
[more..]
New York
- Digital music retailer AmieStreet.com, where all songs start off free and
increase in price as they increase in popularity, announced on Tuesday that it
has launched a private beta test of a Japanese version of its service.
[more..]
Milpitas,
Calif. - SanDisk, a developer of
portable audio and video players, said that NBC Universal will make much of its
programming available on the company's new Fanfare service, which lets users
download video content from their PC for playback on their TV through a special
video player. T
[more..]
San Francisco
- Piczo, a social network for teens, announced on Tuesday that it has partnered
with Intercasting Corp. to create mobile support for its network.
[more..]
Foster City,
Calif. - Internet radio
distributor Live365 announced on Tuesday that its service is now available on
mobile phones running Microsoft's Windows Mobile 5 or 6.
[more..]
Grapevine, Texas
- GameStop, the world's largest video game retailer, announced on
Tuesday the opening of its first combination store and video game tournament
center.
[more..]
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