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DMW Daily, December 3, 2008

Top Stories
o Report: Online Spending Jumps 15% on "Cyber Monday"
o iTunes Store 2008 Chart-Toppers: Coldplay, Leona Lewis
o Yahoo Taps CBS Radio to Run Launchcast Service
o Cox Newspapers to Close DC Bureau in April
o Conde Nast to Shutter Flip.com Teen Scrapbooking Site
o Electronic Arts Buys Korean PC Game Developer J2MSoft
o Wikipedia Gets $890K Grant to Simplify User Interface
o Cinedigm Secures $8.9 Million for Digital Cinema Rollout
o Angie's List Gets Another $7M for Local Consumer Reviews
o News Corp.'s Orbis Acquires U.K. Games Firm Electracade
Opinion & Analysis
o How Flip Video Is Using Personalization To Stand Out
o Guy Kawasaki: How to Use Twitter as a Twool
Briefly Noted
o Amazon Launches MP3 Store in the U.K.
o Fox to Broadcast Bowl Championship Series Title Game in 3D
o Microsoft's Massive to Serve Game Ads for Activision Blizzard
o MySpace Mobile Launches Streaming Video Service
o Songbeat Launches Stream-Recording Application
o MySpace Returns URL to Band Named "Mobile"
o MobiTV Hits 5 Million Subscribers
 Top Stories
o Report: Online Spending Jumps 15% on "Cyber Monday" 
Reston, Va. - "Cyber Monday" was a huge success for online retailers, according to new figures released by comScore. [more..]
o iTunes Store 2008 Chart-Toppers: Coldplay, Leona Lewis 
Los Angeles - Apple has provided some details of the top-selling albums and songs of the year at its iTunes Store, revealing that Coldplay's "Viva la Vida" album and Leona Lewis' song "Bleeding Love" were the most popular downloads of 2008, the Associated Press reported. [more..]
o Yahoo Taps CBS Radio to Run Launchcast Service 
Sunnyvale, Calif. - Driven largely by rising royalty rates, Yahoo said on Wednesday that it has signed a deal that will move its Launchcast Internet radio service under the umbrella of CBS Radio. [more..]
o Cox Newspapers to Close DC Bureau in April 
Washington - Citing a need to trim costs in the face of a worsening economy, Atlanta-based Cox Newspapers, publisher of the Atlanta Journal-Constitution and 16 other daily papers, said that it will shutter its DC bureau on April 1. [more..]
o Conde Nast to Shutter Flip.com Teen Scrapbooking Site 
New York - Publisher Conde Nast has announced plans to shutter Flip.com, its online social network and scrapbook creation site aimed at teenaged girls, FishbowlNY reported. [more..]
o Electronic Arts Buys Korean PC Game Developer J2MSoft 
Seoul, South Korea - Video game publisher Electronic Arts announced on Wednesday that it has acquired Korean PC game developer J2MSoft for an undisclosed sum. [more..]
o Wikipedia Gets $890K Grant to Simplify User Interface 
San Francisco - The Wikimedia Foundation, the non-profit that operates the Wikipedia online encyclopedia, announced on Wednesday that it has received an $890,000 grant from the Stanton Foundation, which will fund a project designed to make it easier for first-time users to contribute articles to the site. [more..]
o Cinedigm Secures $8.9 Million for Digital Cinema Rollout 
Morristown, N.J. - Cinedigm Digital Media Corp. (formerly AccessIT) announced on Wednesday that it has secured a new eight-year, $8.9 million credit facility, which will be used to fund the deployment of its digital cinema projection systems in Premiere Cinemas theaters. [more..]
o Angie's List Gets Another $7M for Local Consumer Reviews 
Indianapolis, Ind. - Angie's List, a provider of consumer reviews of local services, announced that it has received a new $1 million equity investment, as well as $6 million in subordinated debt funding from Prism Mezzanine Fund. [more..]
o News Corp.'s Orbis Acquires U.K. Games Firm Electracade 
London - Orbis, a provider of interactive gaming and betting technologies, announced that it has acquired U.K.-based online games developer Electracade for $3.8 million in cash. [more..]
 Opinion & Analysis
o How Flip Video Is Using Personalization To Stand Out 
Their groundbreaking idea of a compact video camera with popup USB connection is no longer the differentiator it once was. To take it's place, they've done something very smart with their most recent product, the Flip Mino (and Mino HD), blogs Rohit Bhargava. [more..]
o Guy Kawasaki: How to Use Twitter as a Twool 
I hope the Twitter community helps you as much as it has helped Alltop and me. With some effort, you may come to view Twitter as I do: the best new marketing twool of this century. [more..]
 Briefly Noted
o Amazon Launches MP3 Store in the U.K. 
London - Amazon.com on Wednesday launched its MP3 store in the U.K., Music Ally reports. [more..]
o Fox to Broadcast Bowl Championship Series Title Game in 3D 
Los Angeles - News Corp.'s Fox Sports TV Group has announced plans to broadcast this year's college football Bowl Championship Series title game in 3D to a number of movie theaters, as well as to the Consumer Electronics Show in Las Vegas, Variety reports. [more..]
o Microsoft's Massive to Serve Game Ads for Activision Blizzard 
New York - Microsoft's Massive Inc. in-game advertising unit on Wednesday announced a multi-year deal to serve ads within 18 of Activision Blizzard's titles, as well as on the company's various websites and Battle.net online game service. [more..]
o MySpace Mobile Launches Streaming Video Service 
Los Angeles - News Corp.'s MySpace on Wednesday launched a public beta of a mobile streaming video service worldwide, allowing users to view videos they've uploaded or marked as a favorite on their mobile devices. [more..]
o Songbeat Launches Stream-Recording Application 
Berlin - Songbeat on Wednesday announced the official launch of its music discovery and download service, which records streaming versions of songs offered on free services like SeeqPod, Project Playlist and Last.fm to a user's computer and can automatically sync them into an iTunes library. [more..]
o MySpace Returns URL to Band Named "Mobile" 
Los Angeles - MySpace has apologized for apparently mistakenly taking over the URL that a Canadian band called "Mobile" had chosen on the site, Hypebot reported. [more..]
o MobiTV Hits 5 Million Subscribers 
Emeryville, Calif. - MobiTV, a provider of video distribution services for mobile devices, announced on Wednesday that it has surpassed 5 million subscribers. [more..]