Sony Music Entertainment has invested $3 million in debt financing in eUniverse.com, in exchange for 10.7% of the online entertainment venture.
Comic book giant Marvel Enterprises has tapped Steve Milo as prexy of the company's new-media arm.
Sony will provide video and game content for a fiber-optic network from Japan's largest telecom carrier, Nippon Telegraph and Telephone Corp., with a trial run starting in a few months.
Bruce Block has ankled his post as chief technology officer for customizable CD creator MusicMaker.com to join the RIAA as senior veepee of technology.
The Hollywood Stock Exchange on Tuesday said it plans to merge with online sports gaming venture Predict It, a move that gives it a much-needed $10 million in additional funding.
Digital music storage site MyPlay.com has expanded its content offerings by bowing a "Celebrity DJ Mix" feature where Netizens can listen to streaming music picked by talent.
Even if the music industry defeats Napster in court next month, it faces losses of $3.1 billion over the next five years as a result of piracy, according to a report released Tuesday by Internet…
Web sites affiliated with Cable TV networks commandeered 60% of the 1.52 billion media-related page views recorded in July, according to a study done by the Cable Television Advertising Bureau.
As the expanding supply of bandwidth turns data access into more of a commodity business, content will once again reign supreme -- and soon.
Sean "Puffy" Combs has hooked up with hip-hop Web site Hookt.com, helping to secure the financial future of the company as others are stumbling to remain afloat.