Software giant Microsoft Corp. could lose as much as $2 billion on its upcoming vidgame console Xbox before it breaks even in about five years, according to a report released Tuesday by Merrill Lynch.
Universal's new-media movie studio Hypnotic.com has inked a deal with Coca-Cola to become the official online partner for the 2001 Coca-Cola Refreshing Filmmaker's Award, which has tapped UCLA…
Joining the ranks with Universal's Hypnotic.com and LivePlanet's Project Greenlight, MGM.com has bowed its "Win A Pitch Contest," which asks undiscovered talent to submit original ideas for motion…
Sun Microsystems has invested an undisclosed amount in Vivendi Universal subsid Canal Plus Technologies in an effort to promote the use of Sun's Java programming software in future interactive TV…
Shuttered online entertainment venture Stan Lee Media said Monday it plans to appeal a possible move by the Nasdaq Small Cap Market to delist the company's stock.
Vivendi Universal is close to clinching a deal to sell its stake in AOL France back to AOL Time Warner for about $700 million in cash or stock, pending a greenlight from Vivendi's Cegetel unit…
Online entertainment venture Underground Online Networks has secured an additional $13 million in financing, just days after pinkslipping 30% of its staff -- about 40 employees -- on Friday.
Today, the Consumer Electronics Assn. is hosting a daylong debate on copyright issues in the digital age, hoping to promote the thesis that consumers may lose out if Hollywood gets its way in…
Abandon Internet Group has inked a deal with Israeli tech company Tidex Systems to acquire the exclusive licensing rights to Living Video, a technology that gives content creators the ability to…
Maverick Records, Madonna's 50-50 joint venture label with Warner Music, has inked a marketing/licensing deal with online music portal and former industry pariah MP3.com.
Napster already is close to fulfilling its recent promise to block 1 million copyright-infringing song files from its database, but the effort isn't likely to significantly limit users' access to the…