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November 24, 2003 --
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Main Stories
o
Warner Music Acquired By Bronfman Group for $2.6 Billion
o
Vivendi Planning to Offload $21 Billion in Assets, CFO Says
o
Senators Ask File-Sharing Services to Self-Regulate, Filter Illicit
Content
o Yahoo
to Buy Chinese Search Firm for Up to $120 Million
o
Briefly Noted: Movielink - SBC,
OMT - CBC-Galaxie, Rainbow Media Holdings - World Picks On Demand,
A&E Television Networks - Trusted Media Networks, Yahoo yodelers -
Guinness Book, Thomson - LYRA Audio/Video Jukebox, Atari - "Dragon
Ball Z: Taiketsu" - "Beyblade: Ultimate Blader Jam," Midway Games -
"SpyHunter 2," THQ - "Star Wars: Flight of the Falcon," Astraware -
MumboJumbo, Gaming Industry News, MP3.com's million-song library -
Archive.org
>
Job/Event/Marketplace Classifieds:
--Media Buyers
--TECORE Wireless, Software Development Engineer - MD
--Tallan, Account Executive - New York City
--Public Relations Manager - Woburn, MA
--The Secure Trusted Operating System Consortium (STOS) 2003
--Get a Jump on Fourth Quarter Sales Generation
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o Warner Music Acquired By Bronfman
Group for $2.6 Billion
London -- Time Warner on Monday confirmed that it has agreed to a
$2.6 billion takeover of its Warner Music division by a consortium
led by Edgar Bronfman Jr., the former Seagram CEO who engineered
that company's acquisition of Universal Music Group during the
1990's. Other backers included Thomas H. Lee Partners of Boston,
Providence Equity Partners and Bain Capital. "While we do not
foresee an immediate upturn in the overall market for recorded
music, we believe opportunities are emerging that bode well for the
long-term future of the business and that Warner Music will continue
to be in the forefront of capitalizing on these opportunities," said
Thomas H. Lee managing director Scott M. Sperling. Earlier in the
day, EMI Group announced that it had withdrawn its own $1.64 billion
offer for Warner Music. Eric Nicoli, chairman of EMI Group, said:
"We have concluded that it is no longer possible to reach an
agreement on terms which would be acceptable to both parties and in
the interests of EMI's shareholders."
http://biz.yahoo.com/bw/031124/245318_1.html
http://biz.yahoo.com/rb/031124/media_warnermusic_6.html
_____________________________________________
o Vivendi
Planning to Offload $21 Billion in Assets, CFO Says
Barcelona -- French media and entertainment conglomerate Vivendi
Universal plans to offload nearly $21 billion in assets over the
next two years, according to CFO Jacques Espinasse. Speaking in
Barcelona, Espinasse said that Vivendi planned to pay a dividend by
as early as 2005 and that the company hoped to make as much money
from its media assets as from its telecoms. He also confirmed that
the ongoing deal to sell Vivendi's entertainment assets to General
Electric is going smoothly.
http://www.vivendiuniversal.com/vu/en/home/index.cfm
_____________________________________________
o Senators Ask
File-Sharing Services to Self-Regulate, Filter Illicit Content
Washington -- A group of six U.S. Senators has written the heads
of the major file-sharing software firms, asking them to
self-regulate by providing warnings to their users on the risks of
file-sharing software, installing filters for copyrighted and
pornographic material, and altering the default settings on their
programs so that users don't automatically share files on their PCs
with others, CNET News.com reported. Firms including Grokster,
BearShare, Blubster, eDonkey2000, LimeWire and Streamcast Networks
received the letter, which was sent by a group of lawmakers
including Sen. Lindsey Graham (R-N.C.) and Sen. Dianne Feinstein
(D.-Calif.). "Purveyors of peer-to-peer technology have a legal and
moral obligation to conform to copyright laws, and end the
pornographic trade over these networks," Sen. Graham said in a
statement. "These programs expose our children to sexually explicit
materials and provide an anonymous venue for child pornographers to
hide behind the veil of technology."
http://news.com.com/2100-1028_3-5110785.html
____________________________________________
o Yahoo to Buy
Chinese Search Firm for Up to $120 Million
Sunnyvale, Calif. -- The Hong Kong unit of Yahoo said on Friday that
it will buy 3721 Network Software, a Chinese developer of keyword
search engines on the Internet, for as much as $120 million over two
years, Reuters reported. After the completion of the deal early next
year, 3721, which specializes in online search technologies, will
become a unit of Yahoo Holdings. Yahoo is planning to use the
technology to incorporate small- and medium-sized Asian businesses
into its search listings.
http://biz.yahoo.com/rc/031121/tech_china_yahoo_2.html
http://www.3721.com/english/about.htm
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> DMW Publications:
> Digital
Media Law Report
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>
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Industry Quarterly
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industry events.
Available Now - Q3 Game Industry Quartertly - 105 pages -
Order
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> Featured Advertisement:
> Now Available: Complete Information for Department of Homeland Security
The new Department of Homeland Security is still an evolving government
body. But the 2003-2004 Directory of Homeland Security provides a
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http://www.tech-directories.com/dmw.htm
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o Briefly Noted: (Santa
Monica, Calif.) Movielink, an Internet video-on-demand joint venture
between a number of Hollywood movie studios, announced on Monday
that it has partnered with Internet service provider SBC
Communications to launch a co-branded version of its service. Under
the terms, the SBC-Movielink service will be promoted to SBC Yahoo's
3.1 million DSL subscribers. Santa Monica, Calif.-based Movielink,
which has a similar deal with Time Warner's Road Runner broadband
service, is a joint venture of MGM, Paramount, Sony Pictures,
Universal Studios and Warner Bros.
http://sbc.movielink.com
(Winnipeg, Canada) OMT, a provider of digital music services
announced on Monday that it has partnered with CBC-Galaxie -- the
Canadian Broadcasting Corporation's digital audio network -- to
launch an online commercial music service in December. Last week,
Winnipeg-based OMT purchased the 375,000-track online music library
of Musicmusicmusic. The subscription-based service will primarily be
marketed in Canada, and will include English and French content.
http://www.omt.net
http://www.galaxie.ca
(New York) Cable TV network operator Rainbow Media Holdings
announced on Monday the launch of several new multi-language
video-on-demand channels. World Picks On Demand will consist of 20
hours of programming per month each in Hindi, Spanish, Mandarin and
Russian. Content will include movies, musical performances, series,
religious and spiritual programs, children's shows, documentaries
and language instruction series.
http://www.rainbow-media.com/rainbow/media/release_release.jsp?nodeid=4099
(New York) A&E Television Networks, a cable TV network group
joint venture between the Hearst Corporation, ABC and NBC that
operates A&E, The History Channel and The Biography Channel,
announced on Monday that it will use Seattle-based Trusted Media
Networks' technology to deliver video on its websites. Trusted Media
Networks will provide media delivery technology for A&E programming
including show trailers, behind-the-scenes footage, director's
commentary and special offers.
http://www.aetv.com
http://www.trustedmedia.com
(Sunnyvale, Calif.) Yahoo, which uses a signature yodel in its
ads, said that it has broken the Guinness world record for the
largest simultaneous yodel. The company said that 1,773 yodelers
gathered last Wednesday at its corporate headquarters to accomplish
the feat.
http://biz.yahoo.com/bw/031120/205648_1.html
(Indianapolis) Consumer electronics maker Thomson announced on
Monday the release of its RCA-branded LYRA Audio/Video Jukebox, a
20GB portable video and audio player. The $449 RD2780 plays video
and audio in MPEG-4, MPEG-1, mp3, Windows Media Audio and mp3PRO
formats, and can hold up to 80 hours of video, 5,000 songs or
100,000 digital photos.
http://biz.yahoo.com/bw/031124/245113_1.html
http://www.rca.com/content/viewdetail/1,,EI700537,00.html
(Beverly, Mass.) Video game publisher Atari announced on Monday
the release of "Dragon Ball Z: Taiketsu" and "Beyblade: Ultimate
Blader Jam" for Nintendo Game Boy Advance. Developed by
Illinois-based WebFoot Technologies, the Dragon Ball Z title is
based on a license of the animated children's TV series from
FUNimation; the Beyblade title, developed by U.K.-based Full-Fat, is
based on a license of the Japanese anime TV series and trading card
game from d-rights.
http://biz.yahoo.com/bw/031124/245470_1.html
http://biz.yahoo.com/bw/031124/245607_1.html
http://www.webfootgames.com
http://www.full-fat.com
(Chicago) Midway Games announced on Monday that its "SpyHunter 2"
sequel to the classic arcade and NES title, developed for
PlayStation 2 and the Xbox, has shipped to retailers. Universal
Pictures obtained the rights to create a movie version of "SpyHunter,"
which will star pro wrestler The Rock and is scheduled for release
in the summer of 2005.
http://biz.yahoo.com/bw/031124/245204_1.html
http://www.midway.com
(Calabasas Hills, Calif.) Game developer THQ said on Monday that
it has released "Star Wars: Flight of the Falcon" for Nintendo Game
Boy Advance. The game was developed by San Rafael, Calif.-based
LucasArts, the video game unit of director George Lucas' production
company.
http://biz.yahoo.com/bw/031120/205617_1.html
http://www.thq.com
(The Midlands, England) Astraware, a developer of video games for
PDAs, said on Monday that it has partnered with Dallas-based game
developer MumboJumbo, to port several of the company's game titles
to the Palm OS and Pocket PC platforms. U.K.-based Astraware will
release versions of MumboJumbo's "Equilibria," "Chainz" and
"Snowball Run" in January.
http://www.astraware.com
http://www.mumbojumbo.com
(New York) Publisher Ziff Davis Media on Monday announced the
launch of Gaming Industry News, a monthly newsletter and a weekly
e-mail covering the video game industry. Former Industry Standard
editor Jimmy Guterman was named editor-in-chief of the publication,
which will cost $995 annually.
http://www.ziffdavis.com
(San Francisco) U.K. news site TheRegister reports that MP3.com
founder and current Lindows.com CEO Michael Robertson is negotiating
with Vivendi Universal to salvage the enormous digital song library
housed at MP3.com. Vivendi sold MP3.com last week to CNET Networks,
and said that the archive, which contains over one million songs
submitted by more than 250,000 artists, would be deleted sometime in
December. Brewster Kahle, the founder of Archive.org -- a site that
aims to store all of the webpages ever posted to the Internet for
posterity -- has offered to host the files. "Our approach is to
provide unlimited bandwidth forever for free," Kahle told
TheRegister. "There's no amount of material that frightens us.
MP3.com's collection is five terabytes. No sweat. We've been adding
forty terabytes a month."
http://www.theregister.co.uk/content/7/34143.html
http://www.mi2n.com/press.php3?press_nb=59551
http://www.mp3.com
http://www.archive.org
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> Classifieds:
> Media Buyers
This position reports to the European Marketing Manager.
Responsibilities: localization of website and advertising
creative, negotiate and purchase online media, manage and
coordinate online marketing campaigns, administer and execute
customer acquisition and retention programs, acquire, maintain
and grow relationships with large portals, email marketing
providers etc. Bachelor's degree in business reqd. 1-3 yrs
marketing or sales exp. required. Must have in-depth knowledge
and understanding of British or Spanish (Spain) online market.
Excellent interpersonal skills, and superior Negotiation skills.
Detail oriented, able to work independently. Send resumes to
jobs@vistaprint.com
___________________
> TECORE Wireless, Software Development Engineer - MD
Real-Time Engineers to develop real-time telecom software for
mobile switching platform. Must have OOA/OOD and C++/C#, ability
to develop, integrate and debug in a multi-tasking,
multi-threaded environment & knowledge of call processing, GSM,
TDMA, CDMA, AMPS, GPRS, SS7 & IP protocols. Must have BS in
Computer Science, EE or equivalent. Send resumes to HR@tecore.com
Visit http://www.tecore.com
____________________
> Tallan, Account Executive - New York City
The AE position will be responsible for generating and sustaining
profitable revenue streams from the sale of software development
projects. The AE establishes relationships with strategic buying
influences at client organizations in order to monitor and
maintain customer satisfaction levels and to uncover new
opportunities. Send resumes to
lisa.albis@tallan.com Visit
http://www.tallan.com
____________________
> Public Relations Manager - Woburn, MA
Lois Paul & Partners, a nationally known public relations agency
is currently seeking a proven PR Manager. Manages client accounts
providing daily PR and editorial support. Directs media
relations, writing or editing news releases, articles, speeches
and presentations. Manages tours, product launches, editorial
calendars and interviews. Manages team members directly or
indirectly. Participates in new business prospecting including
the development of pitches, presentations and proposals. Require
project mgmt skills, media relations, analytical and PC skills.
College degree reqd. Previous mgmt and PR exp. in high-tech reqd.
Send resume with salary requirements to
careers@lpp.com
____________________
> The Secure Trusted Operating System Consortium (STOS) 2003
Symposium STOS holds its 5th annual symposium Dec 1-5, at the
George Washington University in Washington, DC. The symposium
features tutorials, paper presentations and BOF sessions
regarding creating and deploying secure and trusted systems and
applications that run on them. Topics include Wireless Security,
Secure OS, Open/Closed Source, Forensics, Advanced Firewall
Techniques, and Authentication Solutions, but also a Darwin
Kernel Hack-a-thon and Urban Wireless Challenge. Fees are $695.
http://www.stosdarwin.org/dc03/
____________________
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http://www.tech-directory.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
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Copyright 2003 Digital Media Wire, Inc. All Rights Reserved.
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