Mark Hefflinger

Indie Label Collective Merlin Signs MySpace Music Deal

Authored by Mark Hefflinger on November 23, 2009 - 9:00am.
Los Angeles - MySpace Music, the joint venture between the News Corp.-owned (NYSE: NWS) social network and the major record labels, on Monday announced a global licensing agreement with Merlin, which represents independent labels accounting for 10% of global music sales. The parties did not say whether Merlin received any equity stake in MySpace Music, although Merlin did note that they have agreed on an "indie participation plan" for Merlin labels and artists, representing "an opportunity to participate in and benefit from the financial growth of MySpace Music with very minimal threshold qualifications."

Sony to Launch Online Entertainment Store in 2010

Authored by Mark Hefflinger on November 20, 2009 - 11:23am.
Tokyo - Sony (NYSE: SNE) announced plans on Friday to launch a new online store next year that will sell books, music and movies next year, and deliver content to networked televisions and other devices. The company did not provide many details about the "Sony Online Service," as it is tentatively being called, but is expected to be positioned as a competitor to Apple's iTunes Store.

Google Book Settlement Gets Preliminary Approval; Hearing in 2010

Authored by Mark Hefflinger on November 20, 2009 - 11:02am.
New York - The judge overseeing the settlement agreement between Google (NASD: GOOG) and authors and publishers over the direction of its massive book-scanning project has pushed a hearing on a revised settlement back to Feb. 18, while at the same time granted preliminary approval to the new deal. "The preliminary approval order sends a positive initial message; this agreement promises to benefit readers and researchers, and enhance the ability of authors and publishers to distribute their content in digital form," Google said in a statement.

eBay Completes Sale of Skype Unit to Investor Group

Authored by Mark Hefflinger on November 20, 2009 - 9:34am.
San Jose, Calif. - Nearly three months after first announcing the deal, online auction giant eBay (NASD: EBAY) said that it has completed the sale of a majority stake in its Skype Internet telephone business to an investment group headed by Silver Lake Partners. Under the deal, the investor group -- which also included Joltid Limited, the Canada Pension Plan Investment Board and Andreessen Horowitz -- paid $1.9 billion and a $125 million note in exchange for a 70% stake in the unit.

MySpace to Acquire imeem Music Streaming Service

Authored by Mark Hefflinger on November 19, 2009 - 9:29am.
Los Angeles - News Corp.'s (NYSE: NWS) MySpace has agreed to acquire streaming music service imeem for an undisclosed sum, although sources told CNET News.com that the deal is valued at about $8 million. The deal reportedly includes a payment of $1 million in cash, as well as earn outs and accounts receivable.

Dell, China Mobile to Launch Mini 3i Smartphone This Month

Authored by Mark Hefflinger on November 23, 2009 - 11:42am.
Beijing, China - PC maker Dell (NASD: DELL) said on Monday that China Mobile will be the first operator to sell its new Mini 3i smartphone, set to launch in China later this month. The device features a 3.5-inch multi-touch display, 3-megapixel camera, Bluetooth, GPS and up to 32GB of memory. Dell said the Mini 3i is "the result of a year-long collaboration with China Mobile," which counts over 500 million subscribers.

MOG to Launch Music Subscription Service Next Week

Authored by Mark Hefflinger on November 23, 2009 - 11:40am.
Berkeley, Calif. - MOG, a network of user-created music blogs that counts 10 million monthly visitors, said on Monday that it will launch its previously announced subscription-based music streaming service on Wednesday, Dec. 2. The unlimited streaming service, which has secured licensing from all four major record labels, will cost $5 per month.

tags: Blogs | Music | MOG |

Nintendo Debuts Wii Pay-per-View Service in Japan

Authored by Mark Hefflinger on November 23, 2009 - 11:39am.
Los Angeles - Nintendo has launched a pay-per-view programming service for its Wii video game console in Japan, Variety reports. The "Wii's Room" service launches with 12 content partners and around 120 titles, including episodes of "Sesame Street," which range in price from 33 cents to $5.60 each. Partners initially include Toei, TV Asahi, NHK Enterprises, NTV and Yoshimoto Kogyo, with Disney Japan slated to join by year's end.

tags: Games | Video | TV | Nintendo | Japan |

Roku TV Set-top Service Adds 10 New Content Partners

Authored by Mark Hefflinger on November 23, 2009 - 11:38am.
Saratoga, Calif. - Roku, a maker of network-connected TV set-top boxes, said on Monday that it has added content from ten new partners to its "Channel Store," including Blip.tv, Facebook, Flickr, Pandora and Revision3. The set-top also offers television access to streaming content from Netflix, Amazon Video On Demand and MLB.TV.

tags: Video | TV | Facebook | Pandora | Flickr | Roku |

Smashwords to Distribute E-books on Amazon Kindle Store

Authored by Mark Hefflinger on November 23, 2009 - 11:37am.
Los Gatos, Calif. - Smashwords, a publisher and distributor of independently-published e-books, announced on Monday that it will supply its catalog to Amazon.com's (NASD: AMZN) Kindle Store. Smashwords says it will pay authors and publishers 42.5% of the digital list price set by the author for e-book sales through Amazon. The company, which distributes over 4,800 titles from 2,200 authors and 80 small publishers, also recently signed distribution deals with Barnes & Noble and Sony.

Facebook, Zynga Face Class Action Suit Over Offer-based Ads

Authored by Mark Hefflinger on November 23, 2009 - 11:35am.
Sacramento, Calif. - A class action suit has been filed against Facebook and social network gaming firm Zynga, over "offer-based" advertisements that allegedly resulted in users being billed for unwanted services, Valleywag reported.

Mobile TV Chipmaker Telegent to Raise Up to $250M in IPO

Authored by Mark Hefflinger on November 23, 2009 - 11:14am.
Sunnyvale, Calif. - Telegent Systems, a developer of semiconductors that enable mobile TV services, on Monday filed with the Securities and Exchange Commission (SEC) to raise up to $250 million in its initial public offering (IPO).

Apple to Launch iPhone in South Korea This Week

Authored by Mark Hefflinger on November 23, 2009 - 10:16am.
Seoul, South Korea - Apple (NASD: AAPL) will launch the iPhone in South Korea later this week with local carrier KT Corp, which is already accepting pre-orders for the smartphone, the Associated Press reported.
tags: Mobile | Korea | Apple | Retail | iPhone | KT Corp. |

Report: Million Spotify Streams Earn Lady Gaga Just $167

Authored by Mark Hefflinger on November 23, 2009 - 10:03am.
Los Angeles - Despite racking up more than a million streams in Sweden during a five month period on ad-supported streaming service Spotify, artist Lady Gaga's song "Poker Face" generated a songwriting royalty payment of just $167 from Swedish performing rights society STIM, TorrentFreak reported, citing the local Swedish outlet Expressen.

Study: Online Video Ads Less Effective on Social Networks

Authored by Mark Hefflinger on November 23, 2009 - 9:36am.
Los Angeles - Online video advertising is more effective on content sites and within email than it is when place on social networking and video game-related sites, according to a report from Eyeblaster, a provider of third-party online ad distribution.

AOL to Unveil New Logo Following Next Month's Spinoff

Authored by Mark Hefflinger on November 23, 2009 - 8:42am.
New York - Hoping to reinvigorate its business, AOL said that it plans to alter its logo beginning Dec. 10, the day after the completion of its scheduled spinoff from parent Time Warner (NYSE: TWX).

Google Acquires Customized Ad Technology Firm Teracent

Authored by Mark Hefflinger on November 23, 2009 - 8:28am.
Mountain View, Calif. - Google (NASD: GOOG) announced on Monday that it has acquired Teracent, a developer of online display advertising customized by machine-learning algorithms.

Twitter Introduces Geo-tagging Feature

Authored by Mark Hefflinger on November 20, 2009 - 11:46am.
San Francisco - Twitter on Friday announced the launch of a new geo-tagging feature for its API, which will allow users of third-party applications like Seesmic, Birdfeed and Twindroid to opt-in to include their location information when they tweet. "The added information provides valuable context when reading your friends tweets and allows you to better focus in on local conversations," the company wrote on its blog.

tags: Publishing | Twitter |

EPIX to Premiere Pilot of First Original Series in 2010

Authored by Mark Hefflinger on November 20, 2009 - 11:44am.
New York - EPIX, the pay-TV and online video joint venture from Viacom (NYSE: NWS), Paramount, MGM and Lionsgate, announced on Friday that actor Sam Shepard will star in Lionsgate's "Tough Trade," the first original series pilot destined for the EPIX service. Production on the pilot, which is slated to debut on EPIX in 2010, begins next month.

tags: Video | TV | Viacom | MGM | Paramount | Lionsgate | Epix |

IFC Inks Deal to Distribute Indie Films on Netflix

Authored by Mark Hefflinger on November 20, 2009 - 11:42am.
New York - IFC Entertainment has signed a deal with online DVD rental service Netflix (NASD: NFLX), to distribute 53 independent films on the service, Variety reports. The deal includes "The Thin Blue Line," "Return of the Secaucus Seven" and "Following."  IFC's catalog is also available via iTunes, Blockbuster and Amazon.

tags: Movies | Netflix | IFC |