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.

Hong Kong - Alibaba.com, a large e-commerce portal in China, has raised $1.5 billion in its initial public offering (IPO) of shares on the Hong Kong stock market, and saw its share price nearly triple in trading on Tuesday.

Hong Kong - Chinese e-commerce portal Alibaba.com has raised $1.5 billion in its initial public offering (IPO) over the weekend, The Wall Street Journal reported.

Beijing - China Digital TV, a provider of smart card systems for pay-TV operators in China, raised $192 million in an initial public offering of shares on Friday, then saw its shares more than double in value from $16 to a high of $35 during their first day of trading.

Dulles, Va. - AOL parent Time Warner may be preparing to spin off its newly formed advertising unit through an initial public offering (IPO), TechCrunch reported on Thursday.

Los Angeles - Platinum Studios, the owner and rightsholder to an independent library of comic book characters, announced on Monday that it has raised $5 million in a new round of equity financing, and has filed with the SEC for an initial public offering of shares.

Tokyo - Sony announced on Tuesday that it plans a $3 billion initial public offering for its financial unit on the Tokyo Stock Exchange, Reuters reported.

Buffalo, N.Y. - Synacor, a provider of online content and technology for Internet service providers, has filed with the Securities and Exchange Commission for its initial public offering of stock to raise an estimated $86 million.

West Palm Beach, Fla. - ValueRich, a multimedia company that focuses on emerging companies and investors, has raised $5.7 million in its initial public offering of stock.

Hangzhou, China - Alibaba.com, China's largest business-to-business site, is currently preparing for a $1 billion initial public offering (IPO) later this quarter in Hong Kong, PEHub.com reported, citing the official China Securities Journal.

New York - Perfect World, an online game developer and operator in China, saw its shares rise 30% in their initial public offering on the Nasdaq on Thursday.

Woburn, Mass. - Monotype Imaging, a provider of text imaging products for consumer electronics devices, has priced its initial public offering of 11 million shares of common stock at $12 per share to raise a total of $132 million.

Reston, Va. - Shares of comScore rose more than 25% by Wednesday afternoon in their first day of trading, hours after the provider of Internet audience measurement services, netted $73.7 million in its initial public offering (IPO).