DMW Daily, May 8, 2008Washington - The U.S. House
of Representatives on Thursday approved the PRO-IP Act, a bill pushed
for by Hollywood studios that would beef up law enforcement
dedicated to protecting intellectual property, as well as increase
penalties for
piracy.
[more..]
Philadelphia
- Comcast, the nation's largest cable TV operator and provider of high-speed
Internet to 14.1 million subscribers, is considering placing a 250GB monthly cap
on the amount of bandwidth that subscribers may use for downloading content, a
source from the company tells BroadbandReports.com.
[more..]
Seattle
- RealNetworks announced on Thursday that it will spin off its casual games
business, and distribute shares in the newly created company to its
shareholders.
[more..]
Palo Alto,
Calif. - Online social network
Facebook on Thursday introduced a number of new privacy protections intended to
safeguard younger users from sexual predators and cyberbullies, the Associated
Press reported.
[more..]
Washington - The Federal Trade Commission's (FTC) annual
undercover sting operation where underage consumers try to buy R-rated movie
tickets, DVDs and M-rated video games has found a dramatic improvement at video
game retailers, where its secret shoppers were able to buy M-rated games just
20% of the time -- down from 42% in 2007 and 85% in 2000.
[more..]
London - U.S. consumer
electronics and media retail chain Best Buy announced on Thursday that it paid
$2.1 billion to acquire 50% of the Carphone Warehouse, a mobile phone retailer
that counts over 2,400 stores in nine European countries.
[more..]
Mexico City - America Movil,
a provider of wireless services in Latin America
that claims 159.2 million subscribers in 16 countries, has announced a deal
with Apple to launch the iPhone in the areas it serves later this year.
[more..]
Los Angeles
- Live Universe, the company started by MySpace founder Brad Greenspan, has
acquired MeeVee, a provider of TV and online video listings, for an undisclosed
sum, TechCrunch reports.
[more..]
Dubai - KIT digital (formerly ROO Group), a provider of
video distribution and interactive marketing services, announced on Thursday
that it has raised $15 million through a private placement of equity.
[more..]
New York
- Giant Realm, an online entertainment portal whose sites target males 18-34
and attract 4.2 million unique monthly visitors, announced on Thursday that it
has received a $2 million investment from SoftBank Capital.
[more..]
n/a
New York
- Despite its much-publicized removal of its programs from Apple's iTunes Store
in December, NBC has begun offering streaming full-length episodes of shows
including "The Office" and "30 Rock" for free on the
iPhone, Silicon Alley Insider reports.
[more..]
Los Angeles
- Microsoft recently doled out one-time bonus checks to independent digital
music distributors including The Orchard and IODA, apparently to balance out
the reported $1 per Zune sold it has granted to major labels including
Universal Music Group, Hypebot reported.
[more..]
Los Angeles
- Warner Music Group has added DRM-free songs to Wal-Mart's online music store,
which dropped songs from Warner as well as Sony BMG and Universal Music when it
decided to offer only MP3s, Hypebot reports.
[more..]
New York - Last.fm, the
social music discovery service owned by CBS, has signed a deal to power AOL
Europe's online radio service, beginning in the U.K.,
France and Germany.
[more..]
Somerville,
Mass. - The Echo Nest, a
developer of enhanced music search, recommendation and interactivity
technology, on Thursday launched Recommend, an API that can be used to offer a
music discovery and recommendation tool n ay website, blog, social network or
retail site.
[more..]
Redwood City, Calif. - Electronic Arts
has launched a new sub-brand, EA Sports Freestyle, which will target what it
says is the growing casual sports games audience.
[more..]
New York
- Marvel Entertainment said on Thursday that it has entered into an exclusive
licensing agreement with video game developer THQ, which will create video
games based on the Marvel's kid-friendly Super Hero Squad franchise.
[more..]
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