DMW Daily, February 14, 2008

 Top Stories
Washington - The Federal Communications Commission (FCC) announced that it will hold a public hearing later this month on broadband network management practices, in the wake of an admission from Comcast that it actively interferes with the peer-to-peer application usage of some of its customers. [more..]
New York - The New York Times has announced to editorial employees that it will cut 100 jobs from the company's newsroom this year, the Associated Press reported on Thursday. [more..]
Washington - The U.S. Justice Dept. has approved the buyout of radio giant Clear Channel Communications by private equity firms Bain Capital and Thomas H. Lee Partners, provided the company divest radio stations in Cincinnati, Houston, Las Vegas and San Francisco.
[more..]
San Francisco - Music-focused social network Imeem has acquired Snocap, the digital music licensing company founded by Napster creator Shawn Fanning, according to TechCrunch, which added that the purchase price will likely not be disclosed. [more..]
Redmond, Wash. - Japanese games maker Nintendo's U.S. unit on Thursday asked the U.S. Trade Representative to encourage the governments of China, Korea, Brazil, Mexico, Paraguay and Hong Kong to "take a more aggressive stance to combat piracy of Nintendo video games and systems." [more..]
Santa Clara, Calif. - Macrovision, a provider of anti-piracy and media delivery technologies, announced on Thursday that it has sold its software business unit to private equity firm Thoma Cressey Bravo (TCB) for around $200 million. [more..]
New York - Ratings and research firm Nielsen has acquired privately held, Utah-based Audience Analytics and its Audience Watch software, which Nielsen said will "significantly strengthen the company's ability to process, integrate, analyze and report large quantities of audience measurement data." [more..]
Toronto - JumpTV, an online broadcaster of sports and international TV programming, announced on Thursday a strategic realignment towards its sports and Hispanic broadcast content, while looking to sell off its content delivery network and content based outside of Latin America. [more..]
Santa Monica, Calif. - News Corporation has created a business incubator, SlingShot Labs, and provided it with an initial $15 million in financing to help nurture start-up companies that could contribute to the company's Web properties, BusinessWeek reports. [more..]
San Francisco - Seesmic, a start-up founded by French Web entrepreneur Loic Le Meur that is developing live video webcam communications technology, has raised $6 million in funding, led by Atomico. [more..]
Mill Valley, Calif. - Sparkplay Media, a developer of browser-based 3D multiplayer games, announced that it has raised $4.25 million in new financing, from Redpoint Ventures and Prism Ventureworks. [more..]
 Briefly Noted
Redwood City, Calif. - Electronic Arts announced on Thursday that it has signed a deal partnering its EA Sports brand with sports, entertainment and media company IMG. [more..]
New York - CBS has announced plans to discontinue its CSTV brand, which will become known as the CBS College Sports Network as of next month. [more..]
Los Angeles - NxTV, a provider of IP video-on-demand, IPTV and digital in-room entertainment to hotels, on Thursday announced a film and TV video-on-demand licensing agreement with NBC Universal. [more..]
Redmond, Wash. - Microsoft Game Studios has cancelled its planned massively multiplayer online game that was to be centered in the Marvel Comics universe, GamesIndustry.biz reports. [more..]
San Francisco - Zynga Game Network, a publisher of casual games on social media sites like Facebook, Bebo and Friendster, announced on Thursday that it has opened its network to third-party game publishers and developers. [more..]