Los Angeles - MySpace founder Brad Greenspan's LiveVideo Network venture this week made a $12.6 million offer for 25% of JumpTV, but the offer was turned down in favor of a previously announced merger agreement between JumpTV and NeuLion, Canada's Globe and Mail reported.

Toronto - JumpTV, a Toronto-based broadcaster of live and on-demand sports and international television programming over the Internet, announced on Monday that it will merge with NeuLion, an IPTV service that offers live and on-demand sports, international and religious programming over the Internet and through set-top boxes.

Washington - The U.S. Justice Department on Monday approved Sirius Satellite Radio's (NASD: SIRI) $5 billion purchase of rival XM Satellite Radio (NASD: XMSR), a deal announced more than a year ago that has been held up by regulators who said today that the combined company is not likely to harm competition or consumers. The proposed transaction still needs approval from the Federal Communications Commission (FCC); shareholders of both companies approved the deal in November.

Dulles, Va. - The head of media giant Time Warner (NYSE: TWX) said that he is open to a deal combining AOL with another company, The New York Times reported on Wednesday. CEO Jeffrey Bewkes told the paper that he favors "whatever configuration makes it the strongest and the most valuable." AOL reportedly has been in discussions about a possible combination with Yahoo (NASD: YHOO), which has been attempting to fend off a hostile takeover by Microsoft (NASD: MSFT).

Washington - Still awaiting approvals from the Justice Department and Federal Communications Commission, D.C.-based XM Satellite Radio (NASD: XMSR) and New York-based rival Sirius (NASD: SIRI) said on Friday that they have extended their merger deadline until May 1. Both companies have expressed optimism about receiving the necessary regulatory approvals, although some analysts have expressed concerned about the delays in recent weeks.

Washington - As the company continues to wait for a decision from federal regulators concerning its proposed merger with rival Sirius (NASD: SIRI), XM Satellite Radio (NASD: XMSR) on Thursday said that it boosted its revenue and narrowed its net loss during the fourth quarter.

Norwalk, Conn. - Wyndstorm, a D.C.-based developer of social network technology, said on Tuesday that it will become a publicly traded company through a reverse merger with Connecticut-based Internet telephony firm PacketPort.com.

Washington - One year after announcing plans to merge with rival Sirius (NASD: SIRI), XM Satellite Radio (NASD: XMSR) continues to spend large amounts of money in an effort to land regulatory approval to complete the proposed $5 billion deal, the Associated Press reported.

Dulles, Va. - After rejecting Microsoft's (NASD: MSFT) unsolicited $46 billion takeover bid on Monday, Yahoo (NASD: YHOO) is considering restarting merger talks with AOL (NYSE: TWX), the Times of London reported. The company, attempting to stave off a hostile takeover, also reportedly is exploring possible deals with Google (NASD: GOOG) and Disney (NYSE: DIS).

Washington - Following months of conjecture and anticipation, federal regulators could be on the verge of approving XM Satellite Radio's (NASD: XMSR) merger with rival Sirius (NASD: SIRI), according to a published report. Briefing.com on Wednesday cited an unnamed source in reporting that the merger "could receive approval from DOJ and FCC tonight."

Midlothian, Va. - Video game developer and publisher SouthPeak Interactive announced on Thursday that it has agreed to merge with Global Services Partners Acquisition Corp. (GSPA), a publicly-traded acquisitions firm, in a deal that values the company at $31 million.

Los Angeles - Twistbox Entertainment, a producer and publisher of mobile entertainment content, said on Thursday that it has agreed to merge with Mandalay Media, a development stage company.

San Francisco - Ourmedia, a nonprofit, free video hosting and sharing firm, announced that it has merged with Outhink Media, a provider of services to independent digital media producers.

Washington - Satellite radio providers XM (NASD: XMSR) and Sirius (NASD: SIRI), which are awaiting federal regulators' approval of their proposed $13 merger, on Thursday announced additional support for the deal from Reps. Joe Baca (D-Calif.), Bob Filner (D-Calif.) and Connie Mack (R-Fla.), along with General Motors (NYSE: GM) and several on-air personalities. Among the talent voicing support for the deal were Oprah Winfrey's Harpo Productions, Wynton Marsalis, Cal Ripken Jr. and Barry Switzer.

Santa Monica, Calif. - French media conglomerate Vivendi announced on Monday a deal with video game publisher Activision (NASD: ATVI), to combine its Vivendi Games unit with Activision to form a new company called Activision Blizzard, in a deal valued at $18.9 billion. Following the completion of the deal, Vivendi will hold a 52% stake in the combined company.

Atlanta - College Tonight, an online social network and marketing platform, announced on Thursday that it has completed its merger with Simex Technologies (NASD: SMXT), and as part of the transaction, raised $1.6 million in equity capital through private placements.

Washington - Consumer advocacy groups including the Consumer Federation of America, Consumers Union and Free Press on Monday urged the Federal Communications Commission (FCC) to reject the proposed merger of satellite radio providers XM (NASD: XMSR) and Sirius (NASD: SIRI), saying the deal would eliminate competition and negatively impact consumers.

Beijing - Hurray Holding Co. nasdhray, a provider of artist development, music production and mobile music distribution in China, announced on Monday that it has signed an agreement to merge with Enlight Media, a producer and distributor of entertainment content in China.

New York - The Orchard has completed its merger with Digital Music Group, Inc. (NASD: DMGI), a fellow provider of digital distribution services for music and video. Under terms of the all-stock transaction, shareholders of The Orchard will own about 60% of the combined company, which will be based out of New York, and continue to be led by Orchard president and CEO Greg Scholl.

New York - Sirius Satellite Radio (NASD: SIRI) announced on Tuesday that its shareholders today overwhelmingly voted to approve its previously announced $4.6 billion merger with rival XM Satellite Radio (NASD: XMSR). The proposed merger is still under review by the Federal Communications Commission (FCC) and the Justice Department, both of which last week sought additional information from the companies.