DMW Daily, December 2, 2008Dulles, Va. - Jonathan Miller, the former CEO of
AOL, has been attempting to raise money to buy all or part of Yahoo, The Wall
Street Journal reported on Tuesday.
[more..]
New York - While digital
music sales in the U.S.
are expected to grow from 18% to account for 41% of overall music sales in five
years, this will not compensate for a decline in overall sales, which will
shrink over the next five years from $10.2 billion to $9.8 billion, according
to a forecast from Forrester's JupiterResearch.
[more..]
Dallas - Video rental giant Blockbuster announced on Tuesday
that it has signed a three-year deal with concert promoter and venue owner Live
Nation, to serve as the exclusive physical retail ticketing outlet for the
company's new in-house ticketing company.
[more..]
Redmond,
Wash. - Microsoft said on Tuesday
that its Xbox 360 console outsold rival Sony's PlayStation 3 by 3-to-1 over the
"Black Friday" weekend after the Thanksgiving holiday.
[more..]
San Mateo, Calif.
- Mobile games publisher Glu Mobile said on Tuesday that it will cut an
unspecified number of jobs, in a move to trim its annual operating expenses by
$13 million.
[more..]
Seattle
- Online retail giant Amazon.com announced on Tuesday that it has completed its
acquisition of Canada-based AbeBooks, an online marketplace for used, rare and
out-of-print books that lists over 110 million titles.
[more..] Northbrook,
Ill. - Stats LLC, a provider of
sports-related information and data to media companies that is jointly owned by
the Associated Press and News Corp., announced on Tuesday that it has acquired SportVU,
an Israel-based developer of automated ID and motion capture technology.
[more..]
Shanghai - Chinese online games purveyor Shanda Interactive
Entertainment said that its Shanda Games unit has made investments in two
online gaming community operators, Shanghai Wei Lai and Shanghai Cai Qu.
[more..]
It was destined to happen anyway, and might be for the best in the long run, but it's still sort of sad to see the day finally come: The grownups are taking over YouTube, blogs Paul Sweeting. [more..]
Tokyo
- Nintendo plans to release an e-book title for the Nintendo DS that will let
gamers read classic books on the portable devices, Electricpig reports.
[more..]
Mountain View, Calif. - Google's YouTube has announced an online musical
collaboration that will cull online auditions and create a "YouTube
Symphony Orchestra," which will perform at New York's Carnegie Hall in April.
[more..]
New York
- Sling Media, a unit of EchoStar that develops media
"place-shifting" software, on Tuesday announced the launch of a video
entertainment website that offers free access to clips, TV shows, films, news
and sports from over 90 content providers.
[more..]
Burbank,
Calif. - Time Warner's Warner
Home Video said on Tuesday that its first Blu-ray Disc title to feature BD-Live
interactivity will be "The Dark Knight," scheduled for release on
Dec. 9.
[more..]
Orlando,
Fla. - eJamming, a developer of real-time
online music collaboration technology, said on Tuesday that it has licensed its
flagship product to Viacom's MTV Networks Music Group.
[more..]
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