DMW Daily, April 30, 2009New York - Facebook has held "valuation discussions"
with a range of potential investors, including Providence Equity Partners,
General Atlantic, Bain Capital and Kohlberg Kravis Roberts, The New York Post
reported, citing "multiple sources close to or involved in the
situation."
[more..]
Los Angeles
- Confirming earlier reports, Disney announced on Thursday that it has signed a
deal to take an equity stake in, and provide full-length TV episodes to Hulu,
the video website joint venture between News Corp. and NBC Universal.
[more..]
Washington - The U.S. Trade
Representative on Thursday placed Canada,
Algeria and Indonesia
on its Priority Watch List of nations seen as havens for piracy.
[more..]
Dulles, Va. - Just weeks after taking the reigns at
AOL, Tim Armstrong on Thursday named a former colleague at Google as the unit's
new head of advertising.
[more..]
New York
- Sirius XM Radio said on Thursday that its board has approved a "poison
pill" plan that would complicate any potential hostile takeover bids for
the company.
[more..]
Silver Spring,
Md. - Discovery Communications,
the owner of more than 100 cable TV networks, including the Discovery Channel,
TLC and Animal Planet, said on Thursday that it has formed a joint venture with
toy maker Hasbro for a new TV network and website devoted to children's
entertainment.
[more..]
San Mateo,
Calif. - FreeWheel, the provider
of a Web video advertising platform, announced on Thursday that it has raised $12
million in its third round of funding, led by Foundation Capital and Battery
Ventures.
[more..]
Palo Alto,
Calif. - Booyah, a developer of
social mobile games, said on Thursday that it has raised $4.5 million in its
first round of financing from Kleiner Perkins Caufield & Byers, as part of
the firm's iFund -- which invests in developers of games for Apple's iPhone and
iPod touch.
[more..]
Los Angeles - Sawhorse Media, a developer of sites that
focused on the Twitter microblogging service, has raised an undisclosed sum of
seed funding, from investors including Fred Seibert and Marta Wohrle,
PaidContent reported.
[more..]
Stockholm, Sweden - Sweden's Pirate Party, formed in
the wake of law enforcement actions against file-sharing networks there, is
expected to garner 5.1% of votes in the upcoming European Union election,
according to a poll conducted by a Swedish newspaper, TorrentFreak reported.
[more..]
Redmond,
Wash. - Microsoft will include a
feature in its forthcoming Windows 7 operation system that lets users access
the music libraries on their home PCs remotely over the Internet from another
computer, CNET News.com reported
[more..]
Seattle
- RealNetworks said on Thursday that its Rhapsody digital music service has
partnered with rock band Green Day to promote its upcoming album, "21st
Century Breakdown."
[more..]
Bath, England - The Filter, the
personalized recommendation engine firm founded by musician Peter Gabriel, said
on Thursday that it has partnered with Belgian online DVD rental service
DVDPost.
[more..]
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