Report: Video Game Software Sales Down 6% in Q3

Authored by Mark Hefflinger on November 6, 2009 - 10:18am.
New York - Video game software sales across the U.S., Europe and Japan fell 6% during the third quarter of 2009, according to a report combining sales data from NPD Group, GfK Chart-Track Limited and Enterbrain. While Japan actually saw video game software unit sales increase by 15% in the third quarter -- compared with the 20% decline seen in the same period last year -- year-to-date sales in the country are down 9%, according to Enterbrain.

Skype Litigation Settled; Sale by eBay to Investors to Proceed

Authored by Mark Hefflinger on November 6, 2009 - 8:35am.
San Jose, Calif. - Skype parent company eBay (NASD: EBAY) announced on Friday that litigation between an investor group looking to acquire Skype and the creators of the Internet telephone service has been settled, and that its sale of a majority stake in Skype will now proceed. As a result of the settlement, the acquisition deal has been restructured, and Skype creators Niklas Zennstrom and Janus Friis will now join the investor group, led by Silver Lake, and make a "significant capital investment" in exchange for a 14% stake in Skype.

E.U. to Allow "3-Strikes" Laws in New Telecoms Regulation

Authored by Mark Hefflinger on November 5, 2009 - 12:35pm.
Brussels - The European Union has dropped language from proposed telecoms regulation that would have established Internet access as a "fundamental right," providing new leeway for countries like France and Great Britain that have enacted or are considering "three-strikes" laws that suspend repeat copyright infringers' Internet connections, according to published reports. The issue had been a sticking point holding up the telecoms regulation, and the new version represents a compromise between copyright and consumer interests.

No Doubt Sues Activision Over Avatars in "Band Hero"

Authored by Mark Hefflinger on November 5, 2009 - 11:13am.
Los Angeles - The rock band No Doubt has filed a lawsuit against "Band Hero" video game publisher Activision (NASD: ATVI), alleging the company overstepped the permission granted by the band to include their likenesses within the game, Reuters reported. According to the lawsuit, the band did authorize its likenesses to be used to create avatars to perform its own songs within the game, but did not authorize the No Doubt avatars to perform songs by other bands.

Beatles to Release Re-mastered Catalog on $279 USB Drive

Authored by Mark Hefflinger on November 4, 2009 - 10:38am.
London - The Beatles' record label, Apple Corps, and EMI Music have announced plans to release a limited edition apple-shaped USB drive, containing the entire Beatles re-mastered catalog in FLAC and MP3 format. The 30,000 USB apples will become available on Dec. 7 in the U.K. and Dec. 8 in North America, with a price tag of $279.

Report: Skype Creators, eBay, Investors Near Settlement

Authored by Mark Hefflinger on November 4, 2009 - 9:29am.
San Francisco - Litigation between the inventors and former owners of Internet phone service Skype, current owner eBay (NASD: EBAY), and an investor group looking to acquire Skype from eBay, could be nearing a settlement, The New York Times reported, citing several people who have been briefed on the situation. Niklas Zennstrom and Janus Friis -- the inventors of Skype and the peer-to-peer technology behind file-sharing service Kazaa and video portal Joost -- sued the investor group in a bid to block their acquisition of Skype from eBay.

DMW Vlog: Craig Newmark on What's Next For Craigslist

Authored by Jay Baage on November 4, 2009 - 6:58am.

DMW Vlog - Craigslist's Founder Craig Newmark was featured in a really interesting luncheon keynote interview at DMW's recent Digital Media Conference West. We caught up with him afterwards and talked briefly about what is next for Craigslist, what he sees as the most interesting online phenomena right now and which social networks he uses himself.

Report: Doug Morris to Step Down as Universal Music CEO

Authored by Mark Hefflinger on November 3, 2009 - 8:02am.
New York - Universal Music Group chairman and chief executive Doug Morris intends to step down from his CEO role next summer, BusinessWeek reports. The company is reportedly grooming international CEO Lucian Grainge to replace Morris, 71, who is expected to remain chairman of the world's largest record label.

Norwegian Court: ISP Telenor Need Not Block The Pirate Bay

Authored by Mark Hefflinger on November 6, 2009 - 9:57am.
Oslo, Norway - International record label trade group IFPI has lost its court case that sought to compel Norwegian ISP Telenor to block its subscribers' access to file-sharing hub The Pirate Bay, TorrentFreak reported.

Korean Social Network Cyworld to Shutter U.S. Service

Authored by Mark Hefflinger on November 6, 2009 - 9:42am.
Los Angeles - Cyworld, a Korea-based online social network owned by SK Telecom, has decided to shutter its U.S. service three years after launch, having failed to attract a large audience.

Judge Orders Site Selling Beatles Tracks to Cease

Authored by Mark Hefflinger on November 6, 2009 - 9:04am.
Los Angeles - A federal judge has ordered BlueBeat, a company selling unauthorized Beatles recordings online, to immediately cease the practice.

U.S. E-Commerce Spending Falls for Second Straight Quarter

Authored by Mark Hefflinger on November 6, 2009 - 8:46am.
Reston, Va. - For the first time on record, U.S. e-commerce spending has now seen negative growth for two straight quarters, according to new figures from comScore.

Drop in MySpace Traffic to Cut $100M Off Google Ad Deal

Authored by Mark Hefflinger on November 5, 2009 - 1:00pm.
New York - News Corp.'s (NYSE: NWS) MySpace may lose out on at least $100 million of the $900 million it was contracted to receive from a search advertising agreement with Google (NASD: GOOG), due to lackluster traffic to the website, the Financial Times reported.

Offerpal Names New CEO in Wake of "Scam" Allegations

Authored by Mark Hefflinger on November 5, 2009 - 11:46am.
Fremont, Calif. - Offerpal Media, a provider of monetization services for online game and social application developers, announced that it has replaced its CEO, after a controversy erupted over the past week concerning whether some of its practices qualify as "scams."

RealNetworks to Lay Off 4% of Staff

Authored by Mark Hefflinger on November 5, 2009 - 10:52am.
Seattle - RealNetworks (NASD: RNWK) will lay off 4% of its staff, or about 70 of its 1,700 employees, in a bid to cut costs amid the economic downturn, All Things D reports.

Report: Microsoft Looks to Extend Yahoo Deal Beyond U.S.

Authored by Mark Hefflinger on November 5, 2009 - 10:35am.
Tokyo - Microsoft (NASD: MSFT) is looking to expanding its search partnership with Yahoo (NASD: YHOO) beyond the U.S., provided it is able to gain approval from antitrust regulators in other territories, CEO Steve Ballmer said on Thursday, Reuters reported.

Eventbrite Lands $6.5 Million for Event Registration Service

Authored by Mark Hefflinger on November 5, 2009 - 10:11am.
San Francisco - Eventbrite, a provider of online event planning and registration services, has raised $6.5 million in new funding led by Sequoia Capital, TechCrunch reported, citing a regulatory filing.

Sling Media Founder Backs Web TV Index Clicker

Authored by Mark Hefflinger on November 5, 2009 - 8:40am.
Los Angeles - Clicker, an index of TV shows and other video available online, has received an investment from Sling Media founder and former CEO Blake Krikorian, who has also taken a seat on the company's board.

Everlater Lands Funding for Online Travel Journals

Authored by Mark Hefflinger on November 5, 2009 - 8:30am.
Boulder, Colo. - Everlater, the provider of an online travel journal service that lets users share travel experiences, announced that it has raised an undisclosed sum of first round funding, led by Highway 12 Ventures.

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Authored by Jay Baage on November 4, 2009 - 1:23pm.

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