Tokyo - Japanese electronics firm Toshiba announced that it has made a $20 million investment in MOD Systems, the developer of a digital media delivery system for retailers that lets consumers download digital content for burning to an optical format.

San Francisco - The major film studios have approved new technology that will allow retailers to burn DVDs on-demand from kiosks stocked with thousands more titles than would fit on their store shelves, the Financial Times reported.

Las Vegas - MOD Systems, a provider of in-store digital media systems, announced that it has signed new licensing agreements with Warner Music Group, Sony BMG, Universal Music Group, and EMI Music. Retailers utilizing the MOD System platform will have access to more than one million tracks and samples, providing patrons with the ability to browse a catalog, preview samples, create customized playlists, and then burn them to CD or download them to a music player or music-enabled phone.