DMW Daily, May 5, 2008

 Top Stories
Redmond, 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..]
 Opinion & Analysis
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..]
 Briefly Noted
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..]