Berlin - Major record label Sony BMG is developing an online music subscription service that will offer unlimited access to songs, according to comments made by CEO Rolf Schmidt-Holtz in an interview with Frankfurter Allgemeine Zeitung, the Associated Press reported. [more..]

Mountain View, Calif. - Google announced on Tuesday that Yahoo has joined its OpenSocial network, which will allow developers to create applications that work across many different social media sites. [more..]

Beijing - Jeboo, a company that provides Chinese Internet cafes with subscription movie download services, has filed a "reputation infringement" suit against the Motion Picture Association (MPA), according to JLM Pacific Epoch, which cited a report on ChinaNews.com.cn. [more..]

Palo Alto, Calif. - Peerflix, the provider of an online DVD trading service, has announced that it will shut down its swapping service, while continuing to maintain its vertical online ad network for movie fans, according to an e-mail sent to users. [more..]

San Francisco - The Turkish government has banned access to photo slideshow service Slide in the country, after a local court found that the site was "harboring pictures and articles that are considered to be insulting to Ataturk," in a country where insulting the founder of the republic is a crime, according to a Slide spokesperson. [more..]

Shanghai - Nineyou International, a developer and publisher of online games in China, has raised $100 million in private equity funding from Singapore's Temasek Holdings, PEHub.com reported. [more..]

San Diego - Tapioca Mobile, the developer of a platform that lets publishers deliver video, images and audio through SMS messages on mobile phones, has raised a $5 million first round of financing, led by Venrock, according to a regulatory filing. [more..]

Los Angeles - Viva Vision, a provider of mobile entertainment applications, announced on Tuesday that it has raised $2 million in new funding from Medical Capital Corporation. [more..]

New York - WePlay, an online community for youth sports, has secured $1.87 in Series A-1 funding, from investors including Pequot Private Equity, Creative Artists Agency and Major League Baseball, PEHub.com reported, citing a regulatory filing. [more..]

New York - Viewdle, a provider of video search technology, has raised an undisclosed amount of capital from KIT Capital, a Dubai-based investment firm. [more..]

From Future of Television Forum West – Joel Hyatt, co-founder of Current TV, said that their viewers by far prefer user generated so called "VCAM" ads over professional ads in his morning keynote. [more..]

Robin Goad blogs about how Facebook's market share of UK Internet visits is up again after a temporary dip. [more..]

Can the traditional TV advertising and distribution model evolve to adapt? Is the future of television a pluralistic, democratic one? I think that answer is still – remains to be seen, blogs Jay Baage. [more..]

Paul Sweeting blogs about how the video search and discovery process is critical for marketers looking to target consumers according to their interests and behaviors. [more..]

San Francisco - Social media service imeem on Tuesday released the Imeem Media Platform, a set of tools that will give developers access to the service's library of music, videos and photos, as well as imeem's 24 million members. [more..]

London - European mobile network operator Orange has launched a three-month trial of its ad-supported mobile music service with 800,000 of its 15.6 million subscribers. [more..]

Burbank, Calif. - Liberty Media's Starz Media said on Tuesday that it has added programming from Starz Entertainment and Manga Entertainment to Apple's iTunes Store. [more..]

Pittsburgh - Wizzard Media, a podcast hosting service that counted over 1 billion download requests last year, announced on Tuesday that it has signed a content licensing and advertising agreement with YouTube. [more..]

Centennial, Colo. - National CineMedia (NCM), a provider of in-theater digital advertising and programming to movie theaters, said on Tuesday that it has signed a deal to provide its services to Hollywood Theaters, the eighth-largest exhibitor in the U.S. [more..]

Cambridge, Mass. - Video game developer Harmonix, a unit of Viacom's MTV Networks, announced on Tuesday that its version of "Rock Band" for the Nintendo Wii will ship to retailers on June 22. [more..]

San Francisco - Double Fusion, a provider of in-game advertising services, announced on Tuesday that it has signed a deal with Gearbox Software, the developer of titles including "Brothers in Arms" and "Borderlands." [more..]