BBC Worldwide, the BBC's commercial arm, is cutting half of the staff at its Internet shopping site Beeb.com to save money.
Still trying to salvage what is left of the one-time German minimajor, cash-strapped film group Kinowelt has sold off an 8% stake in Marburg-based video-on-demand company Media(netCom) for $3 million.
Pressplay, the digital music venture owned by media giants Vivendi Universal and Sony, is expanding its reach, offering its new subscription service through VU subsid MP3.com.
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Bernard Stolar has been tapped prexy and chief operating officer of vidgame publisher BAM Entertainment, which recently has focused on developing several titles based on movie and TV properties.
Film/television business software developer Creative Planet has upped prexy Kelyn Brannon-Ahn to CEO, replacing founder Allen DeBevoise, who retains the title of chairman.
Video-on-demand service Intertainer has received $15 million in funding from Thomson Consumer Electronics and Microsoft, in the fifth round of financing for the Culver City, Calif.-based company.
According to the NATPE interactive panel, a TV can be found in 98% of the country's homes and, since TV is the prime delivery system for entertaiment and information, the time is right to discuss…
Dutch TV production company Endemol has unveiled a new strategy for the New Year -- it aims to devote half its business to creating content for mobile phones and the Internet.
The Producers Guild of America has tapped Pixar Animation Studios the recipient of its new Vanguard Award, which recognizes achievement in new media and technology.
After enduring months of costly court battles over its ill-advised digital music "locker" scheme, Netco MP3.com is going to court against its own attorneys, California-based copyright law specialists…
Just days after ending all new downloading of its popular file-sharing application in response to legal pressure from copyright holders, Dutch Netco Kazaa struck a deal to sell off its peer-to-peer…