Beijing - China has warned that U.S. complaints to the World Trade Organization (WTO) regarding the nation's control on piracy will harm relations between the two nations, Reuters reported. [more..]

New York – Fred Anderson, former finance chief at Apple, said today that CEO Steve Jobs is at fault for a backdated 2001 stock option grant.  Jerome Roth, Anderson’s lawyer who spoke on his behalf, released the statement after his client had settled with the SEC, CNN reported.
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London - Viacom is currently in talks to acquire London-based online social music network Last.fm for a rumored purchase price of $450 million, DealBreaker.com reported, citing "a music business source familiar with the negotiations." [more..]

New York - Major record label Warner Music Group and German media conglomerate Bertelsmann jointly announced on Tuesday that they have settled litigation filed by Warner over Bertelsmann's 2001 investment in the original Napster file-sharing service. [more..]

Beijing - Yahoo China has been ordered by a court in Beijing to pay the major record labels about $27,200 in damages, having lost a case where the company was accused of linking to free music download sites, China's Xinhua news agency reported. [more..]

Palo Alto, Calif. - Photobucket, a provider of online photo and video hosting services favored by MySpace members, said on Tuesday that Photobucket videos are once again visible on MySpace, following discussions with the company. [more..]

Boston - The global online music market is predicted to grow 62% this year, to $2.7 billion, and will reach over $6.6 billion in 2011, according to a report from market research firm Strategy Analytics. [more..]

Santa Monica, Calif. - Yahoo's music unit announced on Tuesday that it has partnered with Gracenote, a provider of CD and digital track identification services, to offer its users access to Gracenote's new database of song lyrics. [more..]

Miami - News Corp.'s MySpace online social network on Tuesday introduced MySpace en Español, the beta version of a new Spanish-language version of its site for U.S.-based Hispanics, as well as a new Spanish-language, pan-regional site for Latin American residents. [more..]

Reston, Va. - Nearly two-thirds of U.S. subscribers to mobile TV services are male, and nearly half are below the age of 35, according to a study released on Tuesday by comScore. [more..]

San Francisco - CastTV, a developer of video search technology, announced on Tuesday that it has raised $3.1 million in its first round of venture capital, led by Draper Fisher Jurvetson. [more..]

New York - TargetSpot, a provider of ad serving technology and a marketplace for advertisers and Internet broadcasters, announced on Tuesday that it has received investments from Union Square Ventures, CBS Radio and Oddcast, and named co-founder Doug Perlson as its CEO. [more..]

Dallas - DG FastChannel, a provider of digital media services to the advertising and broadcast industries, announced on Tuesday that it will acquire Pathfire, a distributor of news and syndicated programming via satellite and the Internet, in a stock transaction valued at $30 million. [more..]

Burlington, Mass. - Volicon, a provider of digital video recording and broadcast monitoring equipment, has raised $1.1 million in its second round of funding, PEHub.com reported, citing a regulatory filing. [more..]

Providence, R.I. - Creative Circle Advertising Solutions, a developer of Internet advertising software for media companies, announced that it has raised an undisclosed amount of funds in its second round of venture capital. [more..]

New York - King Biscuit Records, which controls the Bill Graham and "King Biscuit Flower Hour" archives of concert audio and video, announced on Tuesday that it has partnered with Wolfgang's Vault, a site that offers vintage recordings and memorabilia from concert promoter Bill Graham's venues, to sell vintage concert recordings at ConcertVault.com. The offering comes at the same time that Wolfgang's Vault is embroiled in a lawsuit with Sony BMG and Bob Weir of the Grateful Dead, over the rights to some of the recordings it owns. At launch, the site will offer 52 live concert downloads, including performances by Iggy Pop, Humble Pie, Kansas, Steve Miller, The Alarm and Pat Benatar. The $9.98 full-length concerts will be delivered as 256K MP3 files. [more..]

New York - Sirius Satellite Radio announced on Tuesday that automaker Mercedes-Benz USA plans to increase the rate at which it installs Sirius radios in its vehicles to more than 80% for 2007. The companies further plan to offer Sirius on 90% of vehicles in 2008 and over 90% in 2009 -- far exceeding growth plans of 50% set less than two years ago. 
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San Francisco - Web video entertainment network GoFish on Tuesday announced the upcoming debut of "Seduce A Celeb," an online reality dating series produced by Scott Sternberg ("Hey Paula," "The Academy") that will star two cast members from Bravo's "Real Housewives of Orange County." The 14-week series is scheduled to debut on April 26, and will be hosted by Andrew Firestone of ABC's "The Bachelor." [more..]

Seattle - Social music discovery service iLike announced on Tuesday that it has surpassed one million registered users. The service includes an iTunes plug-in that monitors what users are listening to and provides personalized recommendations, as well as alerts on local concerts. The company said it is now processing over 200 million monthly track plays by its users. Seattle-based iLike also operates the indie music community GarageBand.com and personal broadcasting service Gcast.com. [more..]

Redwood Shores, Calif. - Command Audio, a developer of broadcast on-demand technology, announced on Tuesday that set-top box maker Scientific Atlanta has acquired a license to use its patented personal video recorder technology. Financial terms of the deal, which applies to all Scientific Atlanta products for the life of the patents, were not disclosed. [more..]

San Francisco - HandHeld Entertainment, a provider of personal media players and video download sites, said that it has bolstered its European presence by acquiring Holylemon.com, a provider of user-submitted and user-generated videos, pictures and games. Financial terms of the deal were not disclosed. Holylemon.com attracted more than 1.1 million unique visitors in March, including about a third from Europe. [more..]

Arlington, Va. - Washingtonpost.Newsweek Interactive (WPNI), the online publishing unit of The Washington Post Company, has launched Sprig.com, a new website aimed at style-conscious women also trying to be environmentally friendly. The multimedia site features a daily newsletter, original and user-generated content and a large database of "green" products and services. [more..]

Westwood, Mass. - Game developer Turbine and publisher Midway Games on Tuesday announced that their "The Lord of the Rings Online: Shadows of Angmar" massively multiplayer online PC game has shipped to retailers. The companies touted the game, which has been in development for over four years, as the only online multiplayer title based on the books of J.R.R. Tolkien. [more..]