DMW Daily, December 11, 2007

 Top Stories
New 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.
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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..]
 Opinion & Analysis
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..]
 Briefly Noted
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..]