San Francisco - GoFish, an online youth entertainment and media network that draws about 66 million unique visitors a month, on Friday named Matt Freeman as its new CEO. Freeman, the founder and former CEO of interactive agency DDB Worldwide, succeeds Michael Downing, who is leaving the company for unspecified reasons. Tabreez Verjee, the president of GoFish, said that the hiring comes at a time when the company is in the midst of expanding its vertical advertising business and establishing ourselves as a digital entertainment media company.

San Francisco - GoFish, an online youth entertainment and media network, said on Monday that it has raised $1.5 million through a private placement.

New York - Viacom's (NYSE: VIA) MTV Networks has taken an equity stake in GoFish.com, a video entertainment site, and will distribute some of its content through the site, according to an SEC filing.

New York - Following the collapse of a planned merger with fellow video-sharing site GoFish, New York-based Bolt, Inc. has ceased operations, according to a note on the company's website.

New York, N.Y. - GoFish, a San Francisco-based video sharing site, on Thursday called off its planned $30 million acquisition of New York-based Bolt Media, after Bolt was unable to finalize a settlement in a copyright infringement lawsuit.

San Francisco - Internet video network GoFish announced on Tuesday that it has added a library of live, high-definition music performances, clinics and recording sessions through an agreement with Rehearsals.com. The two companies will share revenue from GoFish sponsorships and advertising of Rehearsals.com videos.

San Francisco - GoFish, a video-sharing site that features a mix of professionally-produced and user-generated content, announced on Friday that it has raised $10.3 million through a private placement of convertible notes.

Los Angeles - National Lampoon this week announced the formation of a broadband video network that will distribute its programming with new partners including YouTube, Joost, Lycos, Veoh, GoFish, Handheld Entertainment and BiggyTV. The National Lampoon Video Network will supplement existing distribution partnership the company has with AOL Video and Brightcove, as well as its own NationalLampoon.com and TogaTV.com portals.

San Francisco - Internet video distributor GoFish, said on Friday that it has applied to move its stock from the OTC Bulletin Board to the Nasdaq Capital Market.

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."

New York - Major record label Universal Music Group (UMG) announced on Friday that it has settled its copyright infringement lawsuit against video-sharing site Bolt Inc., with Bolt agreeing to pay a "multi-million" dollar sum for past damages and introduce filtering technology within 60 days.

San Francisco - Video-sharing site GoFish announced on Wednesday that it has licensed copyright filtering and identification from Audible Magic for its site. The company joins a roster of recent Audible Magic customer additions that includes YouTube and MySpace. San Francisco-based GoFish recently acquired youth-oriented social networking site Bolt Media. "This agreement also will assure our strategic content partners and advertisers that GoFish is committed to protecting the rights of artists around the world," said GoFish co-founder and CEO Michael Downing.

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ITU Ventures, a venture capital firm, announced today that Leslie E. Bider, former Chairman and CEO of Warner/Chappell Music, Inc., has joined the firm as Chief Strategist. Bider will focus on value creation at the portfolio and team levels.
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New York - Online entertainment site Bolt.com has agreed to pay several million dollars to settle a copyright infringement lawsuit with major record label Universal Music Group, The New York Times reported on Monday.

Los Angeles - Video-sharing site GoFish announced on Thursday that it has signed an agreement with Omni Film Distribution that will make Omni's library of over 1,300 feature-length and short films spanning all genres available to GoFish users. Under the terms, GoFish and Omni will share advertising revenue from the videos.