DMW Daily, December 13, 2007

 Top Stories
New York - Dow Jones & Company, publisher of The Wall Street Journal, announced on Thursday that its shareholders have approved a $5.6 billion sale of the company to News Corporation, with 60.27% of shares voting in favor of the deal. [more..]
Silver Spring, Md. - Discovery Holding and Advance/Newhouse Programming Partnership said on Thursday that they will combine their stakes in Discovery Communications to spin-off the cable television programmer into a new publicly traded company. [more..]
Tokyo - D&M Holdings, the Japan-based consumer electronics firm whose brands include Denon, Marantz and Boston Acoustics, announced on Thursday that it has sold most of the assets of its ReplayTV digital video recorder business to DirecTV Group. [more..]
Princeton, N.J. - Invidi Technologies, a provider of targeted advertising for broadband TV services, announced on Thursday that it has raised $25 million in its third round of venture capital financing, led by WPP's GroupM. [more..]
Denver - NewsGator Technologies, the provider of a desktop RSS news feed reader, has raised $12 million in its fifth round of venture capital, led by new investor Vista Ventures. [more..]
McLean, Va. - Mobile Posse, a provider of permission-based mobile advertising services, has raised $10 million in its second round of funding, led by SoftBank Capital, PEHub.com reported. [more..]
 Opinion & Analysis
If a studio is going to experiment with the launch of a major motion picture on the internet, the Jackass franchise is probably a smart bet. [more..]
With the official list of names on baseball’s infamous “Mitchell Report” revealed today, a quick glance at Google’s Hot Trends list shows that today’s search term du jour is, indeed, “Mitchell Report.” [more..]
In case you were wondering what you would like as an elf, Office Max has brought back last year's popular microsite Elf Yourself and it's a good example of great viral, interactive marketing, blogs Heather Dougherty of Hitwise. [more..]
Miley Cyrus’s “Best of Both Worlds” tour, one of the best selling ever, has added 14 dates in January. [more..]
 Briefly Noted
Palo Alto, Calif. - The Facebook online social network said on Thursday that it plans to offer its popular developers' platform to other social sites, and license the Facebook Platform methods and tags to other platforms. [more..]
Washington - Satellite radio providers XM and Sirius, which are awaiting federal regulators' approval of their proposed $13 merger, on Thursday announced additional support for the deal from Reps. Joe Baca (D-Calif.), Bob Filner (D-Calif.) and Connie Mack (R-Fla.), along with General Motors and several on-air personalities. [more..]
London - Orb Networks is set to announce that its remote PC media access application will support Apple's iPhone and iPod Touch, The Register reports. [more..]
San Francisco - Microsoft has scrapped PlaysForSure, a three-year-old program that placed logos on electronics devices whose digital rights management (DRM) systems were compatible with certain online music and video stores, CNET News.com reports. [more..]
Hollywood, Fla. - News Corp.'s MySpace announced on Thursday a partnership with Sprint, which will become the first U.S. carrier to link to the free MySpace Mobile website once it officially launches in early 2008. [more..]
Boulder, Colo. - New Frontier Media, a producer and distributor of adult entertainment that operates adult video-on-demand services for cable and satellite operators, announced that it will launch the first HD adult VOD service with Penthouse Media Group early next year. [more..]
New York - Mobile entertainment distributor Thumbplay on Thursday announced a deal with iLike, a social music discovery application that claims 15 million users, that will place "Get ringtone" links on artist, album and song pages on iLike.com and the iLike Facebook application. [more..]
Dulles, Va. - For the second straight year, weather was the most popular search term on AOL Search during 2007, while WWE wrestler Chris Benoit, the Apple iPhone and Britney Spears topped AOL's News, Gadget and Celebrity search lists, the company said on Wednesday. [more..]