DMW Daily, February 19, 2009

 Top Stories
Stockholm, Sweden - The website of the international record label trade group IFPI was hacked on Thursday, with hackers posting a message on the site decrying the group's involvement in the case against Swedish file-sharing hub The Pirate Bay, which entered its fourth day of proceedings in court, Billboard reported. [more..]
Los Angeles - Following its move earlier this week to remove its video programming from CBS-owned TV.com, Hulu, the video site joint venture between News Corp. and NBC Universal, said it will no longer make its content available through Boxee's media center software. [more..]
Richmond, Va. - In the latest sign of hard times in the nation's newspaper industry, Media General, a publisher of 24 daily newspapers including The Tampa Tribune, Richmond Times-Dispatch and Winston-Salem Journal, said that it will require employees to take 10 unpaid furlough days by the end of September. [more..]
Palo Alto, Calif. - Attempting to avoid massive layoffs in the face of the ongoing recession, Hewlett-Packard (HP) has announced pay cuts for all of its employees. [more..]
Boston - A federal appeals court has solicited oral arguments to help guide its decision of whether to allow the trial of an accused music file-swapper to be broadcast on the Internet, p2pnet.net reported. [more..]
Los Angeles - Web TV studio ManiaTV has put itself up for sale, met with "a few dozen" suitors since the beginning of the year, and expects to complete a sale by the end of February, TelevisionWeek reported. [more..]
Boulder, Colo. - Disney has acquired Kerpoof, a developer of children's online entertainment content, for an undisclosed sum, TechCrunch reported. [more..]
New York - Tremor Media, an online video advertising network, has raised $18 million in its third round of venture capital financing, led by Meritech Capital Partners. [more..]
London - Slicethepie, an online fan-financed recordings community, has raised about $1.4 million in new funding from a group of private investors, Billboard reported. [more..]
 Opinion & Analysis
Here are a few thoughts on the real secrets behind Twitter's success, blogs Rohit Bhargava. [more..]
 Briefly Noted
New York - Hip-hop artist Flo Rida's single "Right Round" has broken the weekly digital download sales record with 636,000 units sold, Billboard reports. [more..]
Wilton, Conn. - The Entertainment Consumers Association (ECA), a non-profit organization that represents video game enthusiasts, on Thursday announced the formation of the ECA Institute, a 501(c)(3) organization. [more..]
Barcelona - Gracenote, a provider of music identification and database services, on Thursday announced that its MusicID 2 application or mobile is now available on over 30 handsets offered by wireless carriers AT&T. [more..]
Seattle - Video game engine developer Digini and game design studio Vyk Games on Thursday announced that they have merged to form Blade Games. [more..]