Los Angeles - Hollywood talent agency William Morris Agency (WMA) announced on Monday that it has partnered with venture capital firms Accel Partners and Venrock, and telco giant AT&T to establish a new investment fund to seed start-ups in Southern California and elsewhere. [more..]

Los Angeles - Nine Inch Nails has launched a Radiohead-type release for its first offering since the band's major label contract with Interscope expired last October, including a mix of free and paid downloads, regular CDs and various limited edition versions. [more..]

New York - NBC Universal announced on Monday that it will launch a virtual women's network, featuring content from Bravo, Oxygen, iVillage and other NBC Universal assets, which it says "will enable advertisers to efficiently reach a prime, female demographic across multiple platforms with quality programming." [more..]

Burlington, Mass. - Mzinga, a provider of collaboration and customer relationship management software for businesses, has raised $32.5 million in venture capital, led by W Capital Partners. [more..]

Sunnyvale, Calif. - Tzero Technologies, a developer of technology used in the wireless distribution of high definition video, said on Monday that it has raised $18 million in its third round of funding, led by the CID Group. [more..]

Redwood City, Calif. - Turn, a provider of online targeted advertising services, has raised $15 million in its second round of venture capital financing, PaidContent reported, citing a company spokeswoman. [more..]

San Francisco - YieldBuild, a provider of online advertising services, announced on Monday that it has raised a $6 million second round of financing, led by Storm Ventures. [more..]

Denver - ManiaTV Network, an Internet-based television network, has raised $5.5 million in its third round of funding, led by DAG Ventures, PEHub.com reported, citing a regulatory filing. [more..]

New York - Juniper Content, a media and entertainment company focused on branded content services -- whose holdings including the Sorpresa Hispanic children's TV network and digital community -- announced on Monday that it has raised $2.14 million in a private placement of its shares. [more..]

Tokyo - Disney has partnered with Softbank to launch a mobile virtual network operator (MVNO) service in Japan, featuring handsets manufactured by Sharp that feature Mickey Mouse and buttons that lead directly to Disney content, AFP reports. [more..]

London - European music download store 7digital.com on Monday announced a deal with Warner Music Group's Warner Music International, to sell downloads in MP3 format to its customers in the U.K., Ireland, Spain, France and Germany. [more..]

Durham, N.C. - Independent record label Merge Records on Monday announced the launch of its own digital store, which will offer tracks from its artists in MP3 and FLAC formats. [more..]

Sunnyvale, Calif. - Social.FM, a social music service for mobile and Web users that allows sharing of streaming music playlists, on Monday announced a partnership with mobile media distributor Handmark. [more..]

Chicago - Pitchfork Media, the online publication devoted to indie music, said on Monday that video game publisher Take-Two Interactive's 2K Sports asked them to select half of the music featured in its "Major League Baseball 2K8" game. [more..]