NBC has ponied up $85 million to acquire and pull the plug on money-losing Internet portal and new-media division NBC Internet.
Paul Sweeting: Backend
Marking the latest in a crush of digital music announcements this week, Universal Music Group and Sony Music confirmed that they have teamed with Yahoo! to offer digital music subscription services…
When most digital music companies are struggling to keep the beat, Launch Media is making what some may see as an audacious claim: It will be profitable by the third quarter of this year.
For an industry well known for its illusions, Hollwood is upping the ante when it comes to marketing on the Web: When it comes to hype, what you see isn't always real.
Independent labels are eager to dispel the misperception that digital music is the exclusive domain of high-tech upstarts and multinational congloms, according to a roundtable of indie execs convened…
R. Bernard Macleod, former managing director of Channel 4 Intl., has joined digital solutions provider Netdecisions as a senior adviser to oversee its broadband content strategy.
Digital video recording service TiVo announced Thursday that it is cutting expenses 35% by laying off nearly 25% of its workforce.
A year ago, it was impossible to find decent office space in the trendy high-tech districts, with rents skyrocketing to more than $5 per square foot, and prime space often causing bidding wars.
For the online entertainment community, it might just be a small world after all. Seeking new revenue streams, studios that develop Web animation are turning their attention overseas to find…