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Samsung Wins MP3 Processor Contract for Next-Generation iPods

Authored by Mark Hefflinger on April 28, 2006 - 8:59am.
Napa, Calif. - Korea's Samsung Electronics announced that it will supply the MP3 media processors to be used in Apple's next-generation iPods, replacing former partner PortalPlayer, EE Times reported. In addition to the MP3 processors, Samsung also provides a large quantity of the NAND flash memory used in Apple's iPod Nano models.
tags: MP3 | Samsung | iPods | Next-Generation | Wins | Contract |

Linkin Park Wants Out of Warner Contract, Mentions Internet Distribution

Authored by Mark Hefflinger on May 2, 2005 - 3:35am.
New York -- Warner Music Group recording artists Linkin Park, in announcing on Monday that they want to split with Warner over the label's failure to share substantial profits from its planned IPO with artists, hinted at the recent leaking of Fiona Apple's unreleased record onto the Internet as a possible outcome for unsuccessful negotiations. "Possible avenues include relying more on touring, merchandising and endorsements, rather than leaving their future in the hands of a weakened WMG. Recently, new Fiona Apple music was released on the Internet for free," the band said, in a statement. Linkin Park has sold more than 35 million records over the past five years -- representing 10% of all Warner sales. "We feel a responsibility to get great music to our fans. Unfortunately, we believe that we can't accomplish that effectively with the current Warner Music," the band said.
tags: Internet | Warner | Contract | Linkin Park |

Game Developer Valve Wins Contract Dispute with Vivendi Over Cybercafes

Authored by Mark Hefflinger on November 30, 2004 - 4:12am.
Kirkland, Wash. -- Video game developer Valve Software announced that the U.S. District Court in Seattle has ruled that publishing partner Vivendi Universal Games breached its contract with the company when it distributed Valve's PC games in cybercafés around the world. The court did not rule on what, if any, damages to award Valve. "We're happy the court has affirmed the meaning of our publishing contract," said Valve CEO Gabe Newell. "This is good news for Valve and its cybercafé partners around the world." Valve and Vivendi have several other lawsuits pending, including a charge from Vivendi that Valve violated its publishing agreement with Vivendi by distributing its "Half-Life 2" game through an online system in addition to in stores, where Vivendi would share in profits.
tags: Games | Vivendi | Contract | Valve | Cybercafes |

Sirius Satellite Radio Signs Howard Stern to 5-Year, $500 Million Contract

Authored by Mark Hefflinger on October 6, 2004 - 2:58am.
New York -- In a major coup for the No. 2 satellite radio firm, Sirius Satellite Radio announced on Wednesday that it has signed a five-year, $500 million agreement with shock jock Howard Stern to broadcast his syndicated radio program on its satellite network beginning January 1, 2006. New York-based Sirius put the total cost of the Stern show, including production and cast compensation, at $100 million per year. Stern ranks as the No. 1 radio host among males 18-49, and has the highest-rated radio program in New York, Los Angeles and many of the 46 markets where he is heard by an estimated 12 million daily listeners. By contrast, Sirius currently counts only 600,000 subscribers for its $12.95 per month radio service, but is banking on a huge increase from Stern's loyal fans. "[Stern] is an entertainment force of unprecedented recognition and popularity in the broadcast world, who is capable of changing the face of satellite radio and generating huge numbers of subscribers for Sirius," said Sirius CEO Joseph P. Clayton. Stern's controversial show has drawn hundreds of thousands of dollars in indecency fines from the FCC, incurred by both his current employer, Infinity Broadcasting, and syndication partner Clear Channel, which dropped Stern's show from its stations in April. FCC indecency rules will not apply on the subscription-based, satellite-delivered Sirius service. "It has been my dream to have the top-rated show in radio since I was five years old," said Stern. "Sirius -- the future of radio -- will take this dream to a whole new level as I bring my fans my show my way. It will be the best radio they will ever hear."
tags: Howard Stern | Deal | Contract | Sirius Satellite Radio |

Lycos Sues Paid Search Firm Overture for Contract Breach Over Yahoo Merger

Authored by Mark Hefflinger on November 5, 2003 - 8:16am.
Waltham, Mass. -- Search engine and global Internet portal Terra Lycos has sued Yahoo's pay-for-performance search listings unit, Overture Services, over unfulfilled contractual obligations that Lycos says Overture violated by its merger with Yahoo, CNET News.com reported. Specifically, Lycos says Overture violated terms of its contract when it did not first seek Lycos' approval on the Yahoo merger, and also when it shared confidential information about its business with third parties. Lycos also alleges it is still owed $800,000 from Overture.
tags: Contract | Lycos | Overture | Yahoo Merger |

Avid Gets $6.7 Million Digital Upgrade Contract With NBC

Authored by Mark Hefflinger on September 18, 2003 - 6:33am.
Tewksbury, Mass. -- Avid Technologies, a manufacturer of professional video editing equipment, announced a new $6.7 million contract with NBC, to replace several of the network's tape-based news production systems with its digital newsroom systems. NBC will begin the deployment of Massachusetts-based Avid's systems at its NBC News headquarters in New York, its MSNBC news operations center in New Jersey, and NBC Washington bureau.
tags: NBC | Avid | Digital | Upgrade | Contract |