Dulles, 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.
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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..]