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DMW Daily, April 17, 2009

Top Stories
o Four People Associated With The Pirate Bay Found Guilty In High-Profile Case
o Ashton Kutcher Becomes the First to Reach 1 Million Followers on Twitter
o Report: U.S. Game Industry Sees Kink in Armor; Sales Down 17%
o Report: Online Radio Audience Grows, But iPod Usage Cuts Listening Time
o eBay to Acquire Korean Commerce Site Gmarket
o Internet Ad Platform Dataxu Raises $6 Million
Briefly Noted
o Spot Runner Sued For $13 million In Securities Fraud
o NBCU Profits Drop 45 Percent Due To Soft Ad Market
o Report: Hulu iPhone App Is Coming Soon
 Top Stories
o Four People Associated With The Pirate Bay Found Guilty In High-Profile Case 
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o Ashton Kutcher Becomes the First to Reach 1 Million Followers on Twitter 
Los Angeles - Hollywood Actor and Producer Ashton Kutcher became the first person to reach one million followers on the mobile microblogging service Twitter. In doing so, Kutcher won a much-publicized duel with CNN to get to 1 million followers first. [more..]
o Report: U.S. Game Industry Sees Kink in Armor; Sales Down 17% 
Port Washington, N.Y. - In a sign that the bullish video game industry is not immune to the economic downturn, U.S. sales were down 17% in March, to $1.43 billion, according to market research firm NPD Group. [more..]
o Report: Online Radio Audience Grows, But iPod Usage Cuts Listening Time 
New York - The number of Americans who listen to online radio at least once a week grew to 42 million, up from 33 million in 2008, according to a new study from Arbitron and Edison Research. [more..]
o eBay to Acquire Korean Commerce Site Gmarket 
San Jose, Calif. - Hoping to sharply boost its business in Korea, online auction giant eBay said that it will pay up to $1.2 billion to acquire Korean e-commerce site Gmarket. [more..]
o Internet Ad Platform Dataxu Raises $6 Million 
Cambridge, Mass. - DataXu, the developer of an Internet advertising system, has raised $6 million in its first round of venture capital, according to a report in peHUB, which cited a regulatory filing. [more..]
 Briefly Noted
o Spot Runner Sued For $13 million In Securities Fraud 
New York - WPP has filed a $13 million lawsuit against Spot Runner, the Los Angeles self-service ad creator in which it has a stake, as well as the agency's chairman-CEO, Nick Grouf, and its board for securities fraud and breach of contract, reports Ad Age. [more..]
o NBCU Profits Drop 45 Percent Due To Soft Ad Market 
GE said its cable operations continued to deliver double-digit growth, but NBC Universal had a "tougher performance overall due to a soft advertising market and fewer major DVD releases" compared with a year earlier, writes TheStreet.com. [more..]
o Report: Hulu iPhone App Is Coming Soon 
New York - Online video service Hulu is in the process of developing an app for Apple's (AAPL) iPhone and iPod touch, according to a report on the blog Silicon Alley Insider. [more..]