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DMW Daily, December 12, 2008

Top Stories
o Report: U.S. Game Sales Rise 10% in November to $2.91B
o Time Warner Names CEO Jeff Bewkes as New Chairman
o Google Brings Chrome Browser Out of Beta Mode
o Lycos Europe to Liquidate, Return $66.7M to Shareholders
o Some YouTubers Now Making Six Figures Off of Ads
o Report: Angel Group Investments Down at Least 10% in 2008
o Chinese Sports Site World Sports Network Gets Funding
Opinion & Analysis
o DMW Vlog: Tom Arnold and Illeana Douglas On Shooting For The Web
Briefly Noted
o Yahoo Layoffs Include Flickr Veteran
o Report: Nokia "Comes With Music" Service DRM Cracked
o Andrew Lloyd Webber Launches YouTube Channel
o EA to Publish Music-Adventure Game Featuring Jack Black
 Top Stories
o Report: U.S. Game Sales Rise 10% in November to $2.91B 
Port Washington, N.Y. - Once again bucking the overall economic downturn, U.S. video game sales were up 10% in November, to $2.91 billion, while year-to-date sales are up 22%, to $16.04 billion compared with $13.14 billion at the same point a year ago. [more..]
o Time Warner Names CEO Jeff Bewkes as New Chairman 
New York - Time Warner said late Thursday that it will install CEO Jeff Bewkes as its new chairman, replacing Dick Parsons at year's end. [more..]
o Google Brings Chrome Browser Out of Beta Mode 
Mountain View, Calif. - Google has removed the "beta" label from its new Chrome Web browser just 100 days after it was initially launched. [more..]
o Lycos Europe to Liquidate, Return $66.7M to Shareholders 
Haarlem, The Netherlands - The shareholders of Lycos Europe, the portal and Web hosting service, voted this week to liquidate the company and return $66.7 million in proceeds from asset sales to shareholders, PaidContent UK reports. [more..]
o Some YouTubers Now Making Six Figures Off of Ads 
New York - Several amateur video producers on YouTube (NASD: GOOG) that were invited to join the company's "partner" program and share in advertising revenue are now earning six-figure incomes from the site, The New York Times reported. [more..]
o Report: Angel Group Investments Down at Least 10% in 2008 
Kansas City, Mo. - Angel finance investments in North America have decreased at least 10% over 2007 levels, according to a new survey by the Angel Capital Association (ACA). [more..]
o Chinese Sports Site World Sports Network Gets Funding 
Shanghai - World Sports Network, a consumer sports website in China, said this week that it has raised an undisclosed sum in its first institutional round of venture funding from Valhalla Investments. [more..]
 Opinion & Analysis
o DMW Vlog: Tom Arnold and Illeana Douglas On Shooting For The Web 
n/a
 Briefly Noted
o Yahoo Layoffs Include Flickr Veteran 
London - The round of 1,500 layoffs at Yahoo this week included a number of high-profile members of the team at photo-sharing site Flickr, including George Oates, designer of the site's clean user interface, the Guardian reported. [more..]
o Report: Nokia "Comes With Music" Service DRM Cracked 
London - The digital rights management (DRM) security protecting Nokia's new Comes With Music unlimited mobile music service has been cracked, Electric Pig reported. [more..]
o Andrew Lloyd Webber Launches YouTube Channel 
Los Angeles - English playwright and musical theatre composer Andrew Lloyd Webber's Really Useful Group production company has launched its own YouTube channel, Variety reports. [more..]
o EA to Publish Music-Adventure Game Featuring Jack Black 
Los Angeles - Electronic Arts has signed a deal with Double Fine Productions to publish "Brutal Legend," a third-person action/adventure/music game starring actor Jack Black, GameDaily.com reported. [more..]