Home › DMW Daily

DMW Daily, May 2, 2008

Top Stories
o New York Times: Microsoft Increases Bid for Yahoo
o Viacom Reports Higher than Expected Q1 Profits
o Google TV Ads Now Available to U.S. Advertisers
o NPD Report Indicates Blu-ray Players Still Slow To Catch On
o Report: Chinese Online Games Market to Triple in Five Years
Opinion & Analysis
o A Hole in the Apple?
Briefly Noted
o Nine Studios to Release Movies on iTunes on Same Day as DVD Release
o Grand Theft Auto IV Boosts Sony PS3 Sales According To Retailer
o World Golf Tour Raises Second Round of Funding
o Microsoft Popfly Introduces Casual Game Creator Alpha
o USAToday.com Launches Online Flight Community
o Sam's Club Launches E-Recycling Program
o RightsFlow Launches Outsourced Music Licensing Solutions
 Top Stories
o New York Times: Microsoft Increases Bid for Yahoo 
Sunnyvale, Calif. - Hoping to avoid a messy proxy battle, Microsoft has increased its bid for Sunnyvale-based Yahoo by "several dollars," The New York Times reported on its web site late Friday. [more..]
o Viacom Reports Higher than Expected Q1 Profits 
New York - Viacom Inc. today reported that its quarterly net profit rose 33 percent, beating Wall Street forecasts, on strong sales of the "Rock Band" video game and higher advertising revenue at its cable networks, including MTV Networks. [more..]
o Google TV Ads Now Available to U.S. Advertisers 
Mountain View, CA - CNET reports that Google announced on its AdWords blog that Google TV Ads, a program that has been in beta since June 2007, is now available to all U.S.-based advertisers. [more..]
o NPD Report Indicates Blu-ray Players Still Slow To Catch On 
New York - Blu-ray standalone players plummeted 40 percent from January to February, then rose only 2 percent from February to March in spite of winning the high def format war, according to a report by research firm NPD Group. [more..]
o Report: Chinese Online Games Market to Triple in Five Years 
Shanghai, China - China’s online video game market is expanding rapidly, with sales forecasted to grow from $1.7 billion in 2007 to $6 billion in 2012, according to a survey released by Niko Partners today. [more..]
 Opinion & Analysis
o A Hole in the Apple? 
The question now is whether even Apple, for all its marketing prowess, can persuade consumers where others have not that loading up their hard drives is a better way to store their movie library than simply putting it on the shelf, blogs Paul Sweeting. [more..]
 Briefly Noted
o Nine Studios to Release Movies on iTunes on Same Day as DVD Release 
Cupertino, Calif. - Nine major Hollywood studios said that they will begin releasing their movies on Cupertino-based Apple's iTunes on the same day they're released on DVD. [more..]
o Grand Theft Auto IV Boosts Sony PS3 Sales According To Retailer 
Foster City, Calif. – The launch of the much anticipated video Game “Grand Theft Auto IV” this week has reportedly led to an increase in sales of the Sony Playstation 3 game consoles in stores across the country. [more..]
o World Golf Tour Raises Second Round of Funding 
San Francisco - World Golf Tour, a San Francisco-based developer of photo-realistic online golf games, said on Friday that it has raised an undisclosed amount of funding in its second round, led by Menlo Park-based Panorama Capital. [more..]
o Microsoft Popfly Introduces Casual Game Creator Alpha 
Redmond - VA - Microsoft today announced Popfly Game Creator for Silverlight to compete with Adobe’s popular flash format. [more..]
o USAToday.com Launches Online Flight Community 
USAToday.com, the web site of USA Today, on Thursday launched an online flight community called "Today in the Sky." [more..]
o Sam's Club Launches E-Recycling Program 
N.E.W. Customer Service, the Sterling-based provider of extended service plans and buyer protection programs for consumer products, said that it has launched a new online electronics recycling service for Sam's Club. [more..]
o RightsFlow Launches Outsourced Music Licensing Solutions 
New York - RightsFlow, LLC, a private New York-based company, announced the launch of its outsourced music publishing licensing and royalty systems for record labels, distributors, online music retailers, and others engaged in distribution and sale of recorded music. [more..]