Online game developer and software developer WildTangent has secured $34 million in a third round of financing from heavy hitters Sony and Accenture, among others.
F/x studio Digital Domain has bowed Digital Solutions, a new division that's being described as equal parts ad agency, consultancy and Internet production company. Daniel Roth serves as prexy.
Fox has upped Carolyn Gray to veepee of advertising and online entertainment. New gig puts Gray in charge of managing all areas of the network's Fox.com ent and implementation. She'll also team with…
Universal Studios Intl. has agreed to provide U.K.'s Video Networks' video-on-demand service with feature films as well as film and TV library titles for several years.
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
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.