DMW Daily, February 11, 2008Sunnyvale, Calif. - It looks like Google needs to worry no more: Yahoo Inc’s board has decided to reject Microsoft Corp.’s unsolicited $44.6 billion offer for the company. [more..]
Dulles, Va. - After rejecting Microsoft's unsolicited $46 billion takeover bid on Monday, Yahoo is considering restarting merger talks with AOL, the Times of London reported. [more..]
Beverly Hills,
Calif. - In another bad sign for
Toshiba's next-generation HD DVD format, online DVD rental service Netflix
announced on Monday that it has decided to begin exclusively stocking
high-definition DVDs in Sony's Blu-ray format.
[more..]
Barcelona - Korea's Samsung Electronics,
U.K. chip designer ARM and
U.S.-based Texas Instruments separately announced plans on Monday to introduce mobile
products based on Google's Android mobile phone software platform, with the
latter planning to introduce a prototype this week at the Mobile World Congress
in Barcelona.
[more..]
New York
- The volume of blog post chatter about a new album can significantly affect
future sales, and in turn predict sales for record labels, according to a new
study co-authored by NYU Stern professor Vasant Dhar and former student Elaine
Chang.
[more..]
Dulles, Va. - Hoping to stimulate the development of
new mobile services, AOL said on Monday announced the creation of its new open
mobile platform, which the company plans to make available to developers this
summer.
[more..]
London - Seatwave, a
fan-to-fan, online ticket exchange company based in London, announced that it has raised a $25
million third round of venture capital, led by Fidelity Ventures.
[more..]
New York
- First30Days, a self-help website that will deliver expert advice on various
life changes, on Monday launched a beta version of its service and announced
that it has raised "significant" first round financing, led by Hearst
Interactive Media.
[more..]
New York - Lotame Solutions, a provider of behavioral
targeted advertising for social media services, announced on Monday that it has
raised a "multi-million" first round of financing, led by Battery
Ventures.
[more..]
o Digital Media Week in Review: Google v. Microsoft; Splitting Up AOL? Ending the Writers’ Strike? Major Labels in China
DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz? [more..]
Ft. Lauderdale, Fla.
- CBS' CBSSports.com said on Monday that, for the first time, this year it will
offer all 63 games of the NCAA Division I Men's Basketball Championship --
including the championship game -- via its broadband NCAA March Madness on
Demand service.
[more..]
New York
- Bertelsmann-owned publisher Random House has announced plans to begin selling
individual chapters to select book titles online, for $2.99 each.
[more..]
Atlanta
- Time Warner's CNN plans this week to launch iReport.com, a new site that will
feature citizen journalism photos and videos submitted by CNN viewers.
[more..]
Los Angeles - CBS Mobile has
partnered with Qualcomm's MediaFLO USA to expand its mobile access to
the reality series "Big Brother" to a real-time, 24/7 live feed of
activity from inside the Big Brother house.
[more..]
Los Angeles
- Comedy producer National Lampoon announced on Monday that it has acquired the
assets of Comedy Express, a multi-platform comedy media company, for an
undisclosed sum.
[more..]
Hollywood,
Calif. - Viacom's Paramount
Pictures on Monday launched a new mobile entertainment unit under its digital
division, which will focus on developing mobile entertainment and alternative
distribution models for the studio.
[more..]
Port Washington, N.Y. - Market research firm NPD Group on
Monday introduced a new series of quarterly reports that will track
subscription-based PC games, video games and PC software.
[more..]
Red Bank, N.J. - BigString Interactive on Monday introduced
a Facebook application that lets members of the social network broadcast
original live video content.
[more..]
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