DMW Daily, November 25, 2008London
- Talks on making the Beatles' catalog available from digital retailers like
iTunes have "stalled," Paul McCartney told the Associated Press on
Monday.
[more..]
New York - Major record label Warner Music Group on Tuesday reported
that digital revenue grew 26% in its fiscal fourth quarter, to $167 million,
while full-year digital revenue increased 39% to $639 million, and now represents
18% of its total revenues.
[more..]
New York - The Bono-backed
(RED) charity for AIDS in Africa plans to
launch a subscription-based digital music service on Monday that will offer
exclusive tracks from artists including U2, Coldplay, Jay-Z, Elton John and
Death Cab for Cutie, among others.
[more..]
New York
- Market research firm eMarketer on Tuesday revised its online ad spending
forecast downward for 2009, now expecting to see just single-digit growth of
8.9%, compared with the 14.5% boost it had predicted back in August.
[more..]
Los Angeles
- Comcast's Fandango movie ticketing service paid $17 million to acquire
Movies.com from Disney back in June, PaidContent reported, citing a Disney
regulatory filing.
[more..]
Santa Clara,
Calif. - PlaySpan, a provider of digital
micropayment services for online games and social media applications, announced
on Tuesday that it has raised $16.8 million in its second round of funding.
[more..]
Palo Alto,
Calif. - FanSnap, a live event
ticket search engine firm founded by former StubHub chief marketing officer
Mike Janes, announced on Tuesday that it has raised $5.5 million in its second
round of financing, led by General Catalyst Partners.
[more..]
New York
- Magnify.net, a provider of Web video distribution services, has raised
$750,000 in new financing, led by Innovation Ventures, Silicon Alley Insider
reported.
[more..]
I think by any traditional Youtube measure , you have to call it a success, with some major gotchas, blogs Mark Cuban. [more..]
San Bruno,
Calif. - Google's YouTube announced
on Tuesday that it will expand the size of the videos displayed on its site
into a 16:9 widescreen format.
[more..]
Dallas
- Video rental giant Blockbuster on Tuesday introduced its new video-on-demand
set-top box, the 2Wire MediaPoint digital media player.
[more..]
New York
- Major record label Universal Music Group announced on Tuesday that it has
partnered with instant messaging and group chat service provider Meebo, and
will provide Meebo users with ad-supported music videos.
[more..]
Burbank,
Calif. - Disney Interactive
Studios on Tuesday announced the release of "Ultimate Band" for the
Nintendo Wii and DS.
[more..]
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