Shares of the newly merged AOL Time Warner ended their first day of trading lower, easing 1.6% to close at $46.47 and exhibiting yet again Wall Street's propensity to "buy on rumors, sell on news."
Running low on cash and facing an uncertain future in the online music space, Emusic.com has laid off 66 people -- 36% of its staff -- spread out across all its U.S. offices, and announced the…
Sci-fi, fantasy and horror entertainment venture Fandom is expected to lay off 37 people, 20% of its staff, today Move is attributed to redundancies at the company after the acquisition of publishing…
Internet production house ThoughtBubble Prods. has secured $4 million in funding from Formula Systems, an international information technology company. The capital investment is the first in the…
PortalPlayer has landed $22 million in investment coin from Paul Allen's Vulcan Ventures, FlatIron Partners and EarthLink.
Ah, synergy. The new version of Napster released Thursday hypes the new single "I Did It" from Bertelsmann Music Group's Dave Matthews Band, whose new album "Everyday" won't be in stores until Feb…
Palm Pictures, Sputnik7.com and MP3.com have entered into a five-year marketing and promotional agreement.
Cable network Court TV has picked up two crime Web sites, consolidating its grip on crime-related news both on- and off-line.
Digital music storage service Musicbank has inked a three-year licensing deal with the Harry Fox Agency, a subsid of the National Music Publishers' Assn.
Warner Music has tapped its former communications chief Jim Noonan to the newly created position of senior vice president of strategic promotions, the major label group said Wednesday. Noonan will…
Spanish pay TV group Sogecable is to acquire a 3% stake in Canal Plus Technologies for about 50 million euro ($47.6 million) as part of a strategic partnership with Canal Plus' digital and…