Arlington, Va. - Exits by venture-backed companies continued their drought during the third quarter, according to new data by Thomson Reuters and the National Venture Capital Association (NVCA).

Arlington, Va. - For the first time since 1978, there were no venture-backed initial public offerings (IPOs) during the second quarter, according to a new report from the National Venture Capital Association (NVCA).

Hong Kong - Chinese ringtone retailer A8.com has filed for an initial public offering on the Hong Kong stock exchange, and aims to raise up to $28 million, China Web2.0 Review reports.

Seattle - RealNetworks (NASD: RNWK) announced on Thursday that it will spin off its casual games business, and distribute shares in the newly created company to its shareholders.

New York - Eyeblaster, a provider of digital marketing services, has filed for an initial public offering of shares on the Nasdaq that aims to raised $115 million.

Boca Raton, Fla. - Penthouse Media Group, the publisher of Penthouse magazine and provider of other "adult entertainment and lifestyle" content, announced on Wednesday that it has filed for its initial public offering of stock to raise an estimated $250 million.

San Francisco - Current Media, the new media TV and Web video network founded by former Vice President Al Gore, on Monday announced plans to file for an initial public offering (IPO) of shares that could raise up to $100 million, according to an SEC filing. Founded in 2002 by Gore and partner Joel Hyatt, Current Media operates a cable TV network and website that feature a mix of professionally-produced and user-generated content, targeted at young adults.

Woodland Hills, Calif. - United Online (NASD: UNTD), a provider of consumer Internet and media services, announced on Wednesday that it intends to withdraw its registration for an initial public offering of shares for its Classmates Media unit, whose Classmates.com social network counts over 50 million members. The company stated that "proceeding with the IPO under current market conditions would not be in the best interests of its stockholders."

Woodland Hills, Calif. - Classmates Media, a unit of United Online that operates an online social network focused on reuniting schoolmates, expects to raise $117.7 million in its forthcoming initial public offering, Reuters reported, citing a regulatory filing.