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Social NetworkingIndie Label Collective Merlin Signs MySpace Music DealAuthored 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."
tags: Marketing | Social Networking | Music | MySpace | Indie | News Corp. | Merlin | MySpace Music |
MySpace to Acquire imeem Music Streaming ServiceAuthored 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.
Microsoft: 2 Million Xbox Live Users Accessing FacebookAuthored by Mark Hefflinger on November 24, 2009 - 10:23am.
Redmond,
Wash. - Microsoft (NASD: MSFT) said that at
least 2 million Xbox Live users have logged into Facebook over the past week,
taking advantage of new integration of social media sites into the online game
service, CNET News.com reported. Xbox Live claims 20 million total users. While
no similar figures were given for Twitter logins, Microsoft spokesman David
Dennis also told CNET that 1.7 million Xbox Live users had visited the
company's new Zune marketplace to watch video.
Attentio Nabs $786K for Social Media Monitoring ToolsAuthored by Mark Hefflinger on November 24, 2009 - 9:03am.
Brussels,
Belgium -
Attentio, a developer of social media monitoring services for brands and
companies, has raised $786,000 in financing from SRIB/GIMB, TechCrunch
reported.
Russian Online Game Developer Nival Network Gets $5 MillionAuthored by Mark Hefflinger on November 24, 2009 - 8:56am.
Los Angeles
- Nival Network, a Russia-based developer of online games, has raised $5
million in new financing from an unnamed investor, TechCrunch reported.
Facebook, Zynga Face Class Action Suit Over Offer-based AdsAuthored 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.
Study: Online Video Ads Less Effective on Social NetworksAuthored 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.
Report: Video Viewing on Social Media Sites Doubles in YearAuthored by Mark Hefflinger on November 20, 2009 - 9:56am.
New York - Internet users now spend nearly double the amount
of time watching videos on social networking sites than they did just one year
ago, according to newly released figures from Nielsen.
MySpace Debuts Music ChartsAuthored by Mark Hefflinger on November 19, 2009 - 11:54am.
Los Angeles
- News Corp.'s (NYSE: NWS) MySpace on Thursday introduced its own MySpace Music Charts,
which will provide data on the most popular music amongst MySpace Music users.
The charts will run across all genres, and include real-time data on current
trends.
Adknowledge Buys Ad Network Unit of SocialMedia.comAuthored by Mark Hefflinger on November 19, 2009 - 9:59am.
Kansas City,
Mo. - Adknowledge, a provider of
behavioral online advertising services, announced on Thursday that it has
acquired the advertising business of SocialMedia.com.
tags: Games | Deals | Advertising | Social Networking | Acquisitions | Adknowledge | SocialMedia.com |
Facebook Alters Privacy PolicyAuthored by Mark Hefflinger on November 18, 2009 - 1:24pm.
Palo Alto,
Calif. - Facebook has instituted
a new privacy policy, following a comment period during which some 7,000 of the
service's 300 million users provided feedback on the proposed changes. The company
simplified the language of the policy, and plans to add definitions of key
terms, screen shots of important pages, and informational "learn
more" videos.
Xbox 360, PlayStation 3 Get Facebook, Social Media IntegrationAuthored by Mark Hefflinger on November 18, 2009 - 12:47pm.
Foster City,
Calif. - A day after Microsoft (NASD: MSFT)
introduced Xbox 360 integration with social media services including Facebook,
Twitter and Last.fm, Sony (NYSE: SNE) Computer Entertainment America announced its own
integration of Facebook on the PlayStation 3 platform.
tags: Games | Social Networking | Sony | Microsoft | Facebook | Xbox 360 | PlayStation 3 | last.fm | Twitter |
Burda Digital Buys 25% Stake in Business Social Network XingAuthored by Mark Hefflinger on November 18, 2009 - 10:58am.
Hamburg,
Germany - European
media group Hubert Burda Media's Burda Digital unit on Wednesday announced that
it has acquired a 25% stake in business-focused online social network Xing.
LimeLife Raises $1 Million for Women's Lifestyle SiteAuthored by Mark Hefflinger on November 18, 2009 - 9:52am.
Menlo Park,
Calif. - LimeLife, a
women-focused community site offering news, entertainment and lifestyle content, has
raised $1 million in new venture capital financing, PaidContent reported,
citing a regulatory filing.
Report: MySpace in Talks to Acquire Music Streamer imeemAuthored by Mark Hefflinger on November 17, 2009 - 8:23am.
Los Angeles
- News Corp.'s (NYSE: NWS) MySpace online social network is in "late stage
negotiations" to acquire the music streaming service imeem, TechCrunch
reported, citing multiple unnamed sources. Founded in 2003, San Francisco-based
imeem started off as a music-focused social network application, but later shifted
focus to concentrate on music streaming.
Social Network Application Developer RockYou Gets $50 MillionAuthored by Mark Hefflinger on November 17, 2009 - 7:34am.
San Mateo,
Calif. - RockYou, a developer of
social network applications and advertising technology, has raised $50 million
in its fourth round of venture capital financing from existing investor
Softbank, TechCrunch reported.
Zynga Raises $15.1 Million for Casual Social GamesAuthored by Mark Hefflinger on November 17, 2009 - 7:25am.
San Francisco
- Zynga, a publisher of casual games on social networks, has raised $15.1
million in a third round of funding, PEHub.com reported, citing a regulatory
filing. Investors include Kleiner Perkins Caufield and Byers, Foundry Group and
Reid Hoffman.
tags: Games | Deals | VC | Social Networking | Kleiner Perkins Caufield & Byers | Zynga | Foundry Group | Reid Hoffman |
Social Games Firm Playdom Acquires Green Patch, Trippert LabsAuthored by Mark Hefflinger on November 13, 2009 - 9:02am.
Mountain View,
Calif. - A day after it raised
$43 million in new financing, social games developer Playdom announced that it
has acquired Facebook game developer Green Patch, and iPhone and social game
developer Trippert Labs.
Berlin's Wooga Lands $7.5 Million for Social GamesAuthored by Mark Hefflinger on November 12, 2009 - 8:11am.
Berlin
- Wooga, a Berlin-based developer of games for online social networks, announced
on Thursday that it has raised $7.5 million in new financing, led by Balderton
Capital.
Playdom Raises $43 Million for Social Online GamesAuthored by Mark Hefflinger on November 11, 2009 - 1:35pm.
Mountain View,
Calif. - Playdom, a developer of
online games for social networks whose titles include "Mobsters," has
raised a $43 million first round of funding, led by New Enterprise Associates, TechCrunch
reported.
tags: Games | Deals | VC | Social Networking | Norwest Venture Partners | New Enterprise Associates | Lightspeed Venture Partners | Playdom |
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