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April 28, 2004 --
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Main Stories
o
Comcast Withdraws $48.4 Billion Disney Merger Proposal
o RIAA
Sues Another 477 Alleged Music File-Swappers
o
Report: Terra Lycos Looking to Sell U.S.-based Lycos Unit
o Apple
Reports 70 Million Songs Sold in First Year of iTunes Store
o RealNetworks Reports $12.3
Million in Music Revenue for Q1 2004
o Japanese Electronics Firms to
Launch Broadband "Any Music" Service
o Europe's Wisdom Group Raises
$46 Million for 'Net Entertainment Ventures
o Streaming Video Delivery
Provider The FeedRoom Raises $5.1 Million
o Mobile Games Firm Airborne
Entertainment Lands $2.2 Million
o American Greetings Acquires
MIDIRingTones
> DMW Announcements:
--Washington Digital Media Conference - June 18,
2004
--Digital Media Law Report - Volume 3 - March/April
> Featured
Advertisement:
--Streaming Media East 2004 Conference & Exhibition, May
10-12, 2004
--PricewaterhouseCoopers' Entertainment and Media Outlook
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o
Briefly Noted: Musicmatch -
prepaid download cards, Chilmark Media, GoVideo, Square Enix U.S.A.,
NCSoft, Capcom, Electronic Arts, In-Fusio, THQ Wireless - NFL
>
Job/Event/Marketplace Classifieds:
--Digital Media Content Manager
--Inside and Outside Sales Representatives
--HireStrategy - Treasury Manager
--Account Executive
--Regional Manager, Business Development
--Director Business Development (DBD)
--Infrastructure Sales Executive
--IT Perm and Contract Placement Services
--Advanced Selling for High Tech Professionals
--2nd Annual BNA Contracting and Homeland Security Forum -- May
10-12
--AeA Micro Cap Financial Conference for Public Tech Companies,
May 16-18
--Supplier Diversity Summit at SUPERCOMM 2004, June 21, Chicago,
IL
--Customized Your Corporate Logo With Quality Products!
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o Comcast Withdraws $48.4 Billion
Disney Merger Proposal
Philadelphia -- Comcast, the nation's largest cable TV operator,
announced on Wednesday that it has withdrawn its $48.4 billion
proposal to merge with The Walt Disney Company. "It has become clear
that there is no interest on the part of Disney's management and
Board in putting Comcast and Disney together," said Comcast
president and CEO Brian Roberts. "We have always been disciplined in
our approach to acquisitions. Being disciplined means knowing when
it is time to walk away. That time is now." Roberts added that, as a
result of the bid withdrawal, the company in a position to move
forward with its previously announced $1 billion stock repurchase
program. The company will also explore a possible purchase of
bankrupt cable TV operator Adelphia, Reuters reported.
http://biz.yahoo.com/prnews/040428/phw023_1.html
http://biz.yahoo.com/ap/040428/comcast_disney_39.html
http://biz.yahoo.com/rb/040428/media_disney_comcast_13.html
_____________________________________________
o RIAA Sues
Another 477 Alleged Music File-Swappers
Los Angeles -- The Recording Industry Association of America (RIAA)
on Wednesday sued an additional 477 individuals for copyright
infringement via music file-swapping, bringing the total number of
U.S. residents sued by the major label trade group to 2,454.
Wednesday's actions were filed against "John Doe" defendants, with
the intention of having each defendant's name revealed by his or her
Internet service provider through subpoena. The new lawsuits
included 69 defendants at 14 universities, including Princeton and
Brown; a round of suits filed in March also targeted 89 college
students.
http://biz.yahoo.com/rc/040428/media_lawsuits_1.html
http://www.riaa.com
____________________________________________
o Report: Terra
Lycos Looking to Sell U.S.-based Lycos Unit
New York -- Spanish Internet portal Terra Lycos has hired
investment bankers Lehman Brothers to explore a possible sale of its
U.S.-based Lycos Internet business, The Wall Street Journal reported
on Wednesday. The sale of Lycos, which CNET News.com reports sources
say could generate $200 million, would undo the $12.5 billion year
2000 merger of the Massachusetts-based company with the Spanish
portal Terra. "An acquisition of Lycos, one of the last available
premier Internet search and content properties, represents an
outstanding and unique value creation opportunity at a time when
advertising budgets are increasing, paid online content is gaining
broader acceptance and public markets are favorably rewarding
consolidation in the rapidly growing search market," reads a
document prepared by Lehman Bros. that was obtained by News.com.
http://makeashorterlink.com/?M2C132828
http://news.com.com/2100-1023_3-5201301.html
http://www.lycos.com
____________________________________________
o Apple Reports
70 Million Songs Sold in First Year of iTunes Store
Cupertino, Calif. -- Apple Computer announced on Wednesday that its
iTunes Music Store has sold over 70 million songs since launching
one year ago, and now claims a 70 percent market share of legal
downloads for singles and albums. Apple had previously said its aim
was to sell 100 million downloads in the first year of iTunes. The
company also introduced a number of new features to the service,
including CD jewel case printing, personal playlist sharing, "party
shuffle," the rights to play songs on two additional computers (now
a total of 5), and the ability to automatically convert unprotected
WMA files into its proprietary AAC format, making them playable on
an iPod.
http://biz.yahoo.com/prnews/040428/sfw037_1.html
http://www.apple.com/itunes/store
____________________________________________
o RealNetworks
Reports $12.3 Million in Music Revenue for Q1 2004
Seattle -- Media delivery technology provider RealNetworks announced
its first quarter 2004 revenues on Wednesday, reporting that it
generated more than $12.3 million in digital music revenue, despite
an overall net loss of $10.4 million during the period for the
company. The $12.3 million represents an increase of 55% over
revenue from the 4th quarter of 2003, and comes from the Rhapsody
and RadioPass monthly fee subscription services as well as from
sales of downloads through Rhapsody and the RealPlayer Music Store
launched at the beginning of the year. A RealNetworks spokesperson
said that the numbers "are further evidence that [Apple CEO] Steve
Jobs is dead wrong in saying that the music subscription market,
which now has an estimated 1 million paying customers (between
services like Rhapsody, Napster, MusicMatch and MusicNet) 'are not
succeeding.'"
http://biz.yahoo.com/prnews/040428/sfw107_1.html
http://biz.yahoo.com/prnews/040428/sfw106_1.html
http://www.real.com
____________________________________________
o Japanese
Electronics Firms to Launch Broadband "Any Music" Service
Tokyo -- A consortium of Japanese consumer electronics firms plan to
launch a broadband digital music subscription service called Any
Music on May 20, which will deliver songs directly to compatible
home audio equipment. Participating firms Kenwood, Sharp, Sony,
Pioneer, Onkyo, D&M, JVC and Yamaha said that stereos and other
devices featuring an Any Music button will be able to browse and
download songs directly to the devices via a remote control --
bypassing a PC -- and also transfer them to portable players. Users
will pay a $3 start-up fee and $3 monthly fee for Any Music, which
will initially offer a library of 38,000 songs at $1.50 per track or
$10 per album. Content will be provided by LabelGate, a music
distribution company formed by the joint investment of Japan's
leading record labels.
http://sharp-world.com/corporate/news/040420.html
http://www.anymusic.jp
____________________________________________
o Europe's
Wisdom Group Raises $46 Million for 'Net Entertainment Ventures
Madrid -- The Wisdom Group, a newly formed group of European
interactive entertainment businesses, announced on Wednesday that it
has raised $46 million in new funds from investors Apax Partners and
iNova Capital. The Wisdom Group's holdings bring together video game
development and distribution firms (PyroStudios, Play Wireless,
Proein); online information and entertainment distributors (LaNetro
Internet, LaNetro Mobile, Geofactory, YATT); and a computer-animated
film production company. All of these companies are managed by the
Perez Dolset family, which retains a 51% stake in Wisdom Group. The
funds will be used to finance the companies' national and
international expansion projects.
http://makeashorterlink.com/?N29225828
http://www.lanetro.com
http://www.pyrostudios.com
____________________________________________
o Streaming
Video Delivery Provider The FeedRoom Raises $5.1 Million
New York -- The FeedRoom, a provider of streaming media delivery
solutions for broadcasters and other media companies, announced on
Wednesday that it has raised $5.1 million in new funding. The
investment round was led by BEV Capital, with participation from
existing investors Warburg Pincus, Ridgewood Capital, Constellation
Ventures, Circle-T Partners, the New York City Investment Fund,
former CBS CEO Peter Lund and UBS Warburg's U.S. head of investment
banking Ken Moelis. New York-based FeedRoom's clients include NBC's
owned television stations, CBS Sports, AOL, Comcast, Reuters and
Tribune Television -- in all a network of 170 sites that deliver
over 1 million streaming video clips daily. The company will use the
funds to expand its sales and marketing efforts.
http://makeashorterlink.com/?N27E42728
____________________________________________
o Mobile Games
Firm Airborne Entertainment Lands $2.2 Million
Montreal -- Airborne Entertainment, a publisher of mobile games and
other wireless entertainment content, announced on Wednesday that it
has received a $2.2 million investment from Wellington Financial LP
Fund II as part of its ongoing second round of venture capital
financing. Montreal-based Airborne has created wireless applications
for customers including the WWE, NHL and a number of cable networks
and magazines owned by Time Warner and others.
http://www.airborne-e.com
____________________________________________
o American
Greetings Acquires MIDIRingTones
Cleveland, Ohio -- AG Interactive, a unit of American Greetings,
announced on Wednesday that it has acquired MIDIRingTones, a
provider of cell phone ringtones and other wireless entertainment.
Financial terms of the deal were not disclosed. Greeting cards maker
American Greetings said the acquisition is part of its expansion
into the wireless market, kicked off with the launch of its AG
Interactive division earlier this year. Since its inception in 2002,
Minnesota-based MIDIRingTones has secured licensing agreements with
over 75 music publishers.
http://biz.yahoo.com/prnews/040428/clw045_1.html
http://www.americangreetings.com
http://www.midiringtones.com
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> DMW Events:
Washington
Digital Media
Conference
June 18,
2004
|
Washington, DC
www.digitalmediaconference.com
OVERVIEW
Media and entertainment companies are
going through a digital transformation, which is impacting
traditional business models and changing the way we distribute,
access and market media and entertainment.
Washington Digital Media Conference
brings
together decision-makers from the leading
media, entertainment and technology
companies in the Greater Washington, DC area
for a 1-day executive forum
focused on business, legal/policy and
technology
developments impacting digital media.
Get a unique view of the future of media and entertainment from
the inside. Gain insight into new business opportunities driving
the transformation of entertainment and media businesses. Take a
hard look at how traditional challenges to sustainable business
models are dissolving, only to be replaced by new obstacles, and
how we can prepare now to overcome them. Examine media and
entertainment-based technologies emerging today and explore how
these technologies are driving the transformation of the media
and entertainment industries.
How are traditional business models being
reinvented? What are the challenges and opportunities involving
digital media? What do you need to do to stay competitive in the
technology age? Be a part of this inaugural event, which brings
together the business and government leaders who are transforming
the Greater Washington, DC area into a center for digital media
innovation and development.
REGISTRATION
Early Bird Registration: $195 (until May
24th)
Pre-Registration: $295 (until June 11th)
Registration: $395 (after June 11th)
Online :
http://kb.digitalmediawire.com/register.php?eventid=1067
Phone: 323-822-0936
To submit speakers for
or request information about exhibiting or sponsoring at the 2004
conference, please contact Tinzar Than, VP, Marketing & Events,
Digital Media Wire, Inc. at:
tinzar@digitalmediawire.com.
Digital
Media Law Report
New Featured Section
- Volume
3 - 2004
We are pleased to announce that we have added a "Featured
Section" to Digital Media Law & Policy Report.
We will use this
section to provide in depth coverage of certain cases, events and
policy developments each month.
Subscriptions
-
Order
Volume 3 - March/April 2004 Report
-
Order
Past Events
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Sponsorship Materials
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Partners & Clients
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> Featured Advertisement:
> Streaming Media East 2004 Conference & Exhibition, May
10-12, 2004
Streaming Media East is the premier learning, networking, and
problem-solving event for streaming and digital media professionals,
technology experts, and business executives. In conference sessions
and on the exhibit floor attendees will explore how a broad range of
digital media technologies can be integrated with streaming media
services to provide innovative solutions to business problems.
http://www.streamingmedia.com/east/
___________________
> PricewaterhouseCoopers' Entertainment and Media Outlook
Purchase the book every entertainment and media executive must
have. The PricewaterhouseCoopers' Entertainment and Media
Outlook: 2003-2007 analyzes key trends and forecasts spending in
the U.S. and Canada across 14 industry segments, including a
Global Overview that forecasts spending and analyzes trends
worldwide (also sold separately).
More
Information
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Top
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o Briefly Noted: (Indian
Wells, Calif.) Musicmatch, a developer of music jukebox software and
provider of digital music subscription services, announced on
Wednesday that it will begin selling prepaid download cards at
retailers in June. Cards will be sold in units of 10 music tracks
for $9.90, 15 tracks for $14.85 and 20 tracks for $19.80. San
Diego-based Musicmatch partnered with Portland, Ore.-based Vesta to
develop the cards, which will be sold through AT&T's Prepaid Web
Cents service.
http://www.trustvesta.com
http://www.webcents.att.com
http://www.musicmatch.com
(Memphis, Tenn.) Chilmark Media announced on Wednesday that it
has raised $1 million through a private placement of its stock with
venture capital firm Berganstone International. Tennessee-based
Chilmark said the funds will be used exclusively to fund the launch
of the company's mobile games, ringtones and music content in the
Chinese market.
http://biz.yahoo.com/prnews/040428/nyw023_1.html
http://www.thechilmarkgroup.com
(Scottsdale, Ariz.) Consumer electronics firm GoVideo, known for
its "combo" devices including DVD+VCR, Dual-Deck VCR and DVD
Recorder+VCR, announced on Wednesday that it has promoted president
and COO Ed Brachocki to the position of CEO.
http://www.govideo.com
(Los Angeles) Square Enix U.S.A., the U.S. distribution arm of
the Japanese game developer, announced on Wednesday that it will
release an expansion pack for its "Final Fantasy XI" massively
multiplayer online roleplaying game simultaneously in Japan and
North America in the fall. "Chains of Promathia" will be released to
the game's 500,000 current active players in both PC and PlayStation
2 editions.
http://www.square-enix-usa.com/seui/index.htm
(Austin) Korean online game developer NCSoft on Wednesday
announced the North American commercial launch of "Lineage II: The
Chaotic Chronicle" as well as Cryptic Studios' "City of Heroes."
Both massively multiplayer online titles will sell for $50, plus a
monthly subscription fee of $14.95.
http://www.lineage2.com
http://www.cityofheroes.com
http://www.ncsoft.net
(Sunnyvale, Calif.) Japanese game developer Capcom announced that
its "Onimusha 3: Demon Siege" title for PlayStation 2 has shipped to
North American retailers.
http://www.capcom.com/news/news.xpml?prid=450137
(Redwood City, Calif.) Game developer Electronic Arts on
Wednesday released "Top Down Baseball Challenge," a free two-player,
Web-based baseball game. Players can win tokens and potentially a
cash jackpot for hitting homeruns, getting consecutive hits,
stealing bases or striking out batters.
http://biz.yahoo.com/bw/040428/285718_1.html
http://www.easports.com/free/home.jsp
(Bordeaux Cedex, France) French mobile game publisher In-Fusio
announced that it has recently opened an office in Los Angeles that
will target the U.S. market. The company says it has the largest
share of the mobile games market in Europe, and offers a roster of
65 titles to carriers including Verizon, Sprint, AT&T, Vodafone,
Orange, SFR, Telefonica Moviles and China Mobile.
http://www.infusio.com
http://makeashorterlink.com/?Q15332728
(Calabasas Hills, Calif.) Video game publisher THQ said on
Wednesday that its THQ Wireless unit has reached an agreement with
the National Football League (NFL) to develop a line of officially
licensed mobile content. The deal includes the creation of an
11-on-11 football simulation title featuring all 32 NFL and 900
actual players modeled to perform as they do on the field.
http://biz.yahoo.com/bw/040428/285143_1.html
http://www.thqwireless.com
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>
Classifieds:
> Digital Media Content Manager
Manage content acquisition and launch for various Digital Media
products. Coordinate with partners and Nextel Business
Development to obtain Digital Media Content for catalog· Manage
relationships with publishers and aggregators of Digital Media
content · Manage operational processes for posting of products
Coordinate with marketing and partners for promotion of Digital
Media products· Send resume and cover letter to
chris.allison@nextel.com.
Support field and marketing on application questions
www.nexteljobs.com
60461.
_________________
> Inside and Outside Sales Representatives
OpenAir Technonolgies, Inc. has several sales positions open for
account executives that will be responsible for cold-calling,
proposal preparation, gathering requirements, and closing the
sale. OpenAir Technologies, Inc. sells and maintains Next
Generation IP-PBX Phone Systems to commercial customers. Prefers:
2 plus yrs exp. in phone system (PBX), voice, and/or data sales.
Please send resume and salary requirements to:
sales@openairtech.com
_________________
> HireStrategy - Treasury Manager
Candidate will oversee a staff of two and will perform servicing
reports for 3 Lines of Credit, Cash allocations for the lines of
credit, forecast using a cash mgmt model, oversee wire
transfers/cash transfers, work with investment bankers and deal
teams, and handle business loan trusts. Qualified candidates will
have 4-7 years of exp. with an accounting foundation. Financial
services experience is preferred. Please send resume to
mmolinas@hirestrategy.com or visit
http://www.hirestrategy.com/quicklinks/hire185.asp
_________________
> Account Executive
Account Executive and Inside Sales position available for highly
motivated individuals with success selling software development
services to private sector customers. Since 1982, Information
Concepts (http://www.InfoConcepts.com) develops fixed-price,
custom web-based, mission critical, database applications.
Commissions based on gross sales with no limit on commission
earnings. Send resumes to
Resumes@InfoConcepts.com
_________________
> Regional Manager, Business Development
New Business Sales Executive needed by a Web training company
located in Washington, DC. Successful candidate will have the
ability to prospect, propose and close training and consulting
solutions with Fortune 1000 and technology companies.
Requirements include professionalism, strong communications
skills, knowledge of the internet, and a successful track record
of exceeding sales objectives. Competitive base plus incentives
and benefits. Send resumes to
lgant@westlake.com
____________________> Director Business Development (DBD)
Major, Hagen & Africa is the world's largest attorney recruiting
firm with the top in-house and law firm placement record
globally. The DBD will be responsible for client sourcing
strategies and the relationship development process with C-level
executives, General Counsels, CFO's and VP's of HR. Minimum of
two years' consultative selling experience including knowledge of
the Bay Area business sectors, preferably within the bio-tech/pharma
industry; JD or advanced degree is a plus. Submit resume and
salary requirements. Send resumes to
jmckinlay@mhaglobal.com
____________________
> Infrastructure Sales Executive
Systems Alliance is a Baltimore-based technology co. Position
reports to V P Sales and proactively markets tech infrastructure
incl. servers and storage. Responsibilities incl. dev. pipeline
of infrastructure opportunities & participating in dev. of
configs. Tech skills req'd are knowledge of various network
environments & architectures. 5+ yrs selling complex tech
solutions ideal. See sysalli.com/Careers/JobPostings.html for
more information. Send resumes to
pchapman@systemsalliance.com
____________________
> IT Perm and Contract Placement Services
Technical Staffing Solutions specializes in recruiting the hard
to find candidates with or without high level DoD security
clearances. We can provide your firm with solutions ranging from
1 permanent employee to a team of technical consultants for the
duration of your short or long term engagement. Send inquiries to
Skip Kearnes at
skearnes@techstaffsolutions.com or call 703-451-3882
for more information.
___________________
> Advanced Selling for High Tech Professionals
Are Sales Cycles getting longer? Are your discounts getting
larger? Do prospects keep you at arms length? The Sandler Sales
Institute of VA has a GUARANTEED program for High Tech
Professionals that will help you to solve these problems. Held at
Virginia's Center for Innovative Technology, May 13th and 14th,
8:30am- 4:30pm. Admission is $995.00. For more information visit:
http://www.sandlersalesguru.com or call 866-904-0600. Send
inquiries to
kevin@sandlersalesguru.com
___________________
> 2nd Annual BNA Contracting and Homeland Security Forum -- May
10-12
Homeland security forum speakers from the Department of Homeland
Security:
include Steven Cooper, CIO; Josh Filler, Director of the Office
of State
and Local Government Coordination; David Bolka, Director of
HSARPA;
Gregory Rothwell, Chief Procurement Officer; Kevin Boshears,
Director,
Office of Small and Disadvantaged Business Utilization; Hugo
Teufel,
Associate General Counsel for General Law; and Patrick Schambach,
CIO,
Transportation Security Administration. Info/Registration:
http://www.homeland-conference.com/
___________________
> AeA Micro Cap Financial Conference for Public Tech Companies,
May 16-18
Find your next investment opportunity at the AeA Micro Cap
Financial Conference, May 16-18 in Monterey, California. Access
executives from 120 high-tech companies, gather information and
network with peers in just two days. If you are an investor
interested in growing public technology companies with up to $200
million market cap or revenues, then this is the conference to
attend. For more information visit,
http://www.aeanet.org/MC04
___________________
> Supplier Diversity Summit at SUPERCOMM 2004, June 21, Chicago,
IL
The Supplier Diversity Summit at SUPERCOMM 2004 in Chicago is a
forum for MWDVBEs and corporate supplier diversity teams to stay
current on the latest business, political, regulatory and
technical activities in the telecommunications industry. For more
information on the summit, visit http://www.tiaonline.org/events/supplierdiv2004.cfm
Send inquiries to
lream@tiaonline.org
___________________
> Customized Your Corporate Logo With Quality Products!
Pacific West Marketing offers quality, innovative, uniquely
designed products and concepts with a creative flair, for all of
your Special Events, Promotional Programs, Corporate Identity
Programs, Recognition & Awards, etc.
All of our quality products can be Customized with your Corporate
Logo! Please visit our website:
www.pacificwestmarketing.com
Make your next Promotion a Special Event!! Contact Pacific West
Marketing today: 949-489-2110 Email:
Ed@pacificwestmarketing.com
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About Us
Digital Media Wire, Inc. is a news organization, publisher and
events company serving the digital media industry since May 2000.
Our daily newsletter delivers original briefings on
business, legal and financial developments shaping digital media and
read by over 30,000 executives and professionals. To
subscribe for free, please
click here.
Digital Media Wire, Inc. is part of the Tech Wire Media Group, an
international network of publications that includes Digital Media
Law Report, Potomac Tech Wire, New England Tech Wire, Southeast Tech
Wire, Bay Area Tech Wire, Tri-state Tech Wire and European Tech
Wire. The network reaches more than 70,000 individuals from over 70
countries each business day.
Advertising & Sponsorship
Publications, Events & Information
Executive & Editorial Team
Chief Executive Officer: Ned Sherman
VP, Marketing & Events: Tinzar Than
Editor: Mark Hefflinger
Contact Us
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Copyright 2004 Digital Media Wire, Inc. All Rights Reserved.
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