San Diego - RoyaltyShare, a Web-based provider of digital royalty collection and payment services for record labels and others in the industry, announced on Tuesday that it has received an investment from the William Morris Agency as an extension to its second round of financing.

Seattle - Starbucks (NYSE: SBUX) announced on Friday that it is restructuring the entertainment side of its business, and, after just a year at the helm, will turn over management of its Hear Music record label to partner Concord Music Group. In connection with the change in strategy, Ken Lombard, SVP and president of Starbucks Entertainment, has left the company to pursue other business interests, while chief technology officer Chris Bruzzo was promoted to SVP and head of the Entertainment group.

Los Angeles - Hollywood talent agency William Morris Agency (WMA) announced on Monday that it has partnered with venture capital firms Accel Partners and Venrock, and telco giant AT&T (NYSE: T) to establish a new investment fund to seed start-ups in Southern California and elsewhere. The joint fund will be managed by Richard Wolpert, a former president of Disney Online and chief strategy officer at RealNetworks.

Los Angeles - Habbo, a virtual world for teens that counts 8 million monthly users, announced on Wednesday that it has signed with the William Morris Agency, to facilitate potential cross-marketing and promotional partnerships in the film, sports, television and music industries. "As the Habbo community continues to increase, their audience will demand a mainstream in-game entertainment presence," said WMA chairman and CEO Jim A. Wiatt. "William Morris' Digital Group will be a key partner helping Habbo develop ideal business and marketing opportunities with the leaders of the entertainment industry."

New York - Narrowstep, a provider of Internet TV distribution technology, announced on Friday that it has partnered with talent and literary agency The William Morris Agency, to program TV channels for the Internet. "The rise of consumer power and choice in video is similar to the one I saw in the telecom business in the last two decades, and there is no better partner than entertainment industry powerhouse WMA to create opportunities for today's internet demand," said Narrowstep CEO David C. McCourt.