DMW Daily, March 6, 2009

 Top Stories
Washington - Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, this week reiterated his plans to introduce a bill that would repeal the U.S. ban on Internet gambling. [more..]
Los Angeles - Universal Music Group has emerged the winner of a lawsuit brought by producers of hip-hop artist Eminem's early recordings, over the amount of royalties owed from sales of digital song downloads and ringtones, Bloomberg reported. [more..]
Seattle - The Motion Picture Association of America (MPAA) has accused RealNetworks of destroying evidence that would help its case against the company over RealDVD, a software program that can copy the contents of a DVD, according to published reports. [more..]
Seattle - Newspaper publisher Hearst has asked a handful of the journalists at its Seattle Post-Intelligencer to take positions at a prospective Web-only version of the publication, should it fail to find a buyer and be shut down, the paper reported on Thursday. [more..]
New York - An independent programmer plans to soon launch an online store that will sell applications that run on Apple iPhones that have been "jailbroken" so that they can run any application, including those not approved by Apple, the Wall Street Journal reported. [more..]
San Francisco - Publisher Hearst is considering a plan that would eliminate roughly half the newsroom jobs -- about 150-225 positions -- at the San Francisco Chronicle, Bloomberg reported. [more..]
Amsterdam - Fabchannel.com, a provider of live concert webcasts based in Amsterdam, announced this week that it will shut down after nine years in operation, citing "bad economic prospects within the music and online advertising market." [more..]
Framingham, Mass. - Nimbit, a provider of online promotional tools and direct-to-fan sales services for labels and musicians, has raised $1 million in new funding from CommonAngels. [more..]
Beijing - TongXue, a Chinese social networking site with over 10 million registered users, has raised $6 million in new financing, from investors including Tano Capital. [more..]
Los Angeles - BackType, a service that lets users find, follow and share comments from across the Web, has received $300,000 in seed funding from True Ventures, TechCrunch reported. [more..]
 Briefly Noted
London - A music professor at Stanford University has found over the course of an eight-year survey of his students that they have come to prefer the tinny sizzle sound of MP3s over the uncompressed sound from a vinyl record and other formats, the Times Online reported. [more..]
Los Angeles - Boxee, a TV set-top box that streams Web video content, has reintroduced access to video site Hulu via a workaround RSS feed, following Hulu's decision to pull its content from the service. [more..]
Los Angeles - Online video game rental service GameFly has introduced its first video game retail kiosks at Texas Tech University, Kotaku reported, citing the school's Daily Toreador. [more..]