DMW Daily, November 25, 2008

 Top Stories
London - 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..]
 Opinion & Analysis
I think by any traditional Youtube measure , you have to call it a success, with some major gotchas, blogs Mark Cuban. [more..]
 Briefly Noted
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..]