DMW Daily, May 5, 2008Redmond,
Wash. - Shares of Yahoo fell 15%
by late Monday, two days after Microsoft withdrew its $47.5 billion takeover
bid for the company.
[more..]
New York
- AOL could emerge as the big winner of this weekend's failed mega-deal between
Microsoft and Yahoo, with both companies potentially seeking to acquire the
Time Warner unit in their efforts to better compete with Internet ad leader
Google, The Wall Street Journal reported.
[more..]
Los Angeles
- Video game publishers Activision and Vivendi Games have discontinued their
memberships in the Entertainment Software Association (ESA) industry trade
group, and will also not be attending this year's Electronic Entertainment Expo
(E3) trade show, GameDaily reports.
[more..]
New York
- New York State Attorney General Andrew Cuomo on Monday introduced new
legislation, endorsed by leaders of the New York State Senate and Assembly,
that would increase penalties on those caught trying to record films in movie
theaters for piracy purposes.
[more..]
New York
- Trent Reznor's Nine Inch Nails on Monday released yet another album of new material
online for free, this time providing no paid options at all -- but rather a
range of DRM-free download options for "The Slip."
[more..]
Seattle
- Online retail giant Amazon.com announced on Monday that it will begin selling
out-of-print albums from major labels Sony BMG and EMI on-demand through its CreateSpace
service.
[more..]
Dallas
- GodTube, a Christian video-sharing site and online social network, has raised
$30 million in new financing from GLG Partners, at a valuation of around $150
million, PaidContent.org reported.
[more..]
New York
- The Associated Press (AP), the New York-based news wire, on Monday debuted
its Mobile News Network, a multimedia news portal targeted at wireless users,
particularly those with Apple iPhones.
[more..]
Indianapolis,
Ind. - Digonex Technologies
announced on Monday that major label Warner Music Group will use its technology
to test variable pricing on select digital album downloads.
[more..]
San Jose,
Calif. - Vusion, a provider of
HD-quality streaming video distribution services, on Monday announced its
official launch and the signing of Island Def Jam Music Group as its first
customer.
[more..]
New York - Hedge fund
operator and S Records founder Steven Nowack plans to launch a new music
discovery and delivery service at a press conference in New York tomorrow, which will be attended by
the Archbishop Desmond Tutu.
[more..]
Los Angeles
- CraveOnline, a male-focused network of entertainment sites, announced on
Monday that it has acquired two hockey-related sites, HockeysFuture.com and
HFBoards.com.
[more..]
The question is whether the dollars the big TV and media companies are creating online from the streaming of their current TV lineups are sustainable incremental dollars? Or is streaming the video a collateralized video obligation? [more..]
If a picture is worth a thousand words, OSG can be the difference between proving the effectiveness of a social media effort in a way that people understand, or having lots of numbers in a complex report destined to be ignored by all those who almost read it, blogs Rohit Bhargava. [more..]
San Francisco
- Digital music distributor IODA is set to announce tomorrow the launch of IODA
Label Stores, a white label download storefront that will allow labels and
artists to sell digital music directly to consumers.
[more..]
New York
- NBC News on Monday launched iCue, a free online collaborative learning site
that incorporates gaming, discussion and video resources.
[more..]
Waltham,
Mass. - Lycos on Monday added
online video-on-demand rentals to its Lycos Cinema service, which previously
offered ad-supported viewing.
[more..]
Beaverton,
Ore. - Digital watermarking
technology developer Digimarc said on Monday that it has licensed its patents
to Media Sciences International (MSI), which provides forensic tracking
services for secure distribution of promotional content to the major record
labels.
[more..]
Woburn, Mass. - Universal Music Group announced on
Monday that it has signed a broad license agreement with Gotuit, a provider of
metadata technologies.
[more..]
Redwood City,
Calif. - Electronic Arts has
partnered with AOL Sports to market and promote "EA Sports GameShow,"
the company's new online sports trivia game.
[more..]
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