Chicago - Media conglomerate Tribune is pondering a sale of its Tribune Media Services business, which provides online TV listings and also produces and aggregates news and entertainment content, the Chicago Tribune reported. [more..]

Marina del Rey, Calif. - The U.S. market for advertising-funded mobile entertainment content will be worth $336.35 million by 2013, expanding the mobile entertainment space by 4.6%, according to a report from industry trade group the Mobile Entertainment Forum (MEF). [more..]

Reston, Va. - ComScore, a provider of Internet audience measurement services, said that it has paid $44.3 million in cash to acquire Seattle-based M:Metrics, a provider of mobile Web measurement services. [more..]

New York - Blockbuster is planning to test in-store kiosks that consumers will be able to use to download full-length movies to portable devices, the company said at its annual shareholder meeting, the Associated Press reported. [more..]

New York - "American Idol" winner David Cook saw a record 14 of his songs enter the Billboard Hot Digital Songs chart today, including the No. 1 "The Time of My Life," which sold 236,000 downloads. [more..]

New York - Glam Media, a network of over 500 websites and blogs targeted at women that count a collective 35 million unique monthly users, announced on Thursday the launch of GlamTV, a new video distribution and advertising platform. [more..]

Washington - A consortium of digital watermarking technology developers announced on Thursday that they have endorsed a set of privacy principles issued by the Center for Democracy & Technology (CDT).
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New York - Predictive online marketing firm [x+1] has announced a new $16 million funding round, led by Advanced Technology Ventures, with participation from previous backers Hudson Venture Partners and Blue Chip Venture Company. [more..]

Stratham, N.H. - Laser Light Engines, a company that says it is developing "an innovative digital light source to upgrade the future cinema experience," has landed a $5 million first round of financing, PEHub.com reported, citing a regulatory filing.
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Copenhagen, Denmark - Zmags, a provider of digital publishing software, said on Thursday that it has raised $4.2 million in its second round of venture capital financing, led by OpenView Venture Partners. [more..]

For video content producers, the money will be where the money is right now. On TV rather than the net. And I'm not saying that because I own HDNet, blogs Mark Cuban. [more..]

For the record companies as well as artists, the answer is going to lie in figuring out how to use the exclusive rights granted them by copyright law to construct a business model that lets them share in value other people create from their music. My suggestion: stop thinking so much about your "exclusive" rights and think more about maximizing value, blogs Paul Sweeting. [more..]

London - Apple is expected to soon begin selling movies from four major Hollywood studios from its iTunes Stores in the U.K. and Canada, which to this point had only sold music and TV shows, the Times Online reports. [more..]

Los Angeles - Former Disney head Michael Eisner's Vuguru digital content studio has debuted its newest Web series, "Foreign Body," which will comprise 50 episodes with a new installment offered daily. [more..]

Washington - Harman International Industries, a maker of audio and infotainment products sold under numerous brand names, said on Thursday that company founder Sidney Harman will retire as chairman. [more..]

New York - Digital music service eMusic said on Thursday that it has added nine new publishers to its MP3 audiobook store, which it says is now selling nearly 13,000 titles per month. [more..]

San Francisco - Mobile games publisher Hands-On Mobile has announced that its mobile version of "Guitar Hero III" has sold a record nearly 1 million downloads, and was the top-selling mobile game on Verizon phones in the first quarter. [more..]