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
Entertainment venture Rumpus has acquired Zeeks.com, a popular gaming and community site for kids. Rumpus will use the site as an additional channel for its feature-length animated features and sale…
For the online entertainment community, it might just be a small world after all. Seeking new revenue streams, studios that develop Web animation are turning their attention overseas to find…
Sundance may have rejected his short film "Bullet in the Brain," but tyro helmer David Von Ancken still managed to turn himself into the center of attention in Park City last January.
While rumors continue about a merger between Vivendi Universal's cash-strapped pay TV channel Telepiu and News Corp.'s Stream, talks could lead to the more modest strategy of lowering the prices of…
Stunted by a lack of major-label content and competition from free file-sharer Napster, EMusic.com has put itself on the block, and industry sources say Universal Music Group is the buyer.
Marking the latest in a crush of digital music announcements this week, Universal Music Group and Sony Music confirmed that they have teamed with Yahoo! to offer digital music subscription services…
A "little" movie that grossed $171 million worldwide, won three Oscars and spawned a remarkably profitable franchise, "Rocky" is nonetheless rarely cited as a meaningful or masterful film. It does…
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.