Realizing that its languishing stock will sink lower on news that earnings will lag expectations, Silicon Graphics announced a corporate stock buyback program Monday.
ReelShort.com, the entertainment Netcaster backed by Universal Pictures, will relaunch today as Hypnotic.com as it tries to transform itself into an online film studio.
Oliver Wolfson, whose short film "Bowlin' Fer Souls" bowed recently on Netcaster
Reflecting the studio's efforts to expand its digital operations in Europe, Ron Geller has been appointed senior veep for the new Sony Pictures Digital Entertainment-Europe.
Online music storage company Myplay.com has laid off part of its editorial and marketing staff as it moves away from creating its own content for its Web site.
BMG Entertainment, the music arm of German media giant Bertelsmann AG, on Tuesday became the last of the five majors to announce its strategy for selling digital music on the 'Net. BMG's service…
National broadcaster Doordarshan (DD) has partnered with Microsoft for a news portal.
Calling him a watchdog on the Web, the Writers Guild of America, West has upped Joe Rubalcaba to credits coordinator of Internet/advertising/publicity.
The Kirch Group is reportedly looking at adding former sports weblet TM3 to its growing family of networks as a low-cost music and comedy channel.
BERLIN -- Swiss-German media outfit Highlight Communications has managed to lure Heinz Wermelinger, president of BOL.com, away from Bertelsmann's online bookshop.