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Upcoming Event:
Feb. 25-26, 2009

Digital Music Forum East
Connecting People & Knowledge Since May 2000
December 4, 2008 · Today’s Sponsor:

Top Stories

New York - Media conglomerate Viacom, which owns Paramount Pictures and a range of cable channels under MTV Networks, announced on Thursday that it will cut 850 jobs across all sections of the company, or about 7% of its total workforce, citing evolving economic conditions. [more..]
Dallas - Communications giant AT&T announced on Thursday that it will cut 12,000 jobs, or about 4% of its total workforce, citing "economic pressures, a changing business mix and amore streamlined organizational structure." [more..]
Los Angeles - NBC Universal on Thursday began laying off what are expected to be as many as 500 employees, or 3% of its workforce, including at least 30 at NBC News, 80 at CBNC, 70 at Universal including the studio and theme parks, and 50 in its local media group, according to The Hollywood Reporter. [more..]
London - Project Kangaroo, a Web video-on-demand joint venture in the works from U.K. broadcasters the BBC, ITV and Channel 4, has been criticized by the U.K.'s Competition Commission for potentially restricting competition, The Register reported. [more..]
London - Pinnacle, a U.K.-based distributor of physical music products like CDs for more than 1,000 independent record labels, has gone into administration (i.e. declared bankruptcy), according to published reports. [more..]
San Francisco - GoFish, a San Francisco-based online youth entertainment and media network that draws about 69 million unique visitors a month, said on Thursday that it has secured $22.5 million through a private placement co-led by Panorama Capital, Rustic Canyon Partners and Rembrandt Venture Partners. [more..]
Reston, Va. - LucidMedia, the developer of an online contextual display ad platform and network, said on Thursday that it has raised $8.8 million in its third round of funding, with a portion of the proceeds going toward the opening of a new sales office in New York City. [more..]
Atlanta - ThePort Network, a provider of social media tools for businesses, announced on Thursday that it has raised a $4.1 million second round of funding, led by American City Business Journals. [more..]
Reston, Va. - Koofers, the developer of an online community where college students share old exams, quizzes and class notes for use as study aids, has secured the first $500,000 of a planned $2 million first round of funding, reported, citing a regulatory filing. [more..]

DMW Notice Board

Future of Television Conference
Watch video interviews with some of the top speakers at the event on our website, as well as on our YouTube channel. Our friends at Web2point0.TV, ProAce have also provided us with video clips from the keynotes and panels, which you can watch on our channel.

Digital Media Insider - January 9, 2009, Las Vegas (During CES)
An exclusive gathering for digital media industry movers and influencers. By invitation only.
A limited numbers of sponsorship opportunities still available.

For more information, please contact Jay Baage at

Digital Music Forum East - February 25-26, 2009 - New York, NY

EARLY REGISTRATION is now open for Digital Music Forum East 2009
(ONLY $599 until December 5 - $500 OFF Regular Price)
This is a "must attend" event for anyone interested in the future of the music business. Don't miss the opportunity to be part of the industry's future! For more information, including sponsorship and speaker inquiries, please contact Ellen Gildersleeve at

Featured Advertisments
Digital Family Reunion – Dec. 11, 2009 – Los Angeles
On Thursday, December 11th from 5:00pm to 10:00pm, the Digital Family Reunion (DFR) is bringing the Southern California technology and business communities together for the holidays at the Skirball Cultural Center. In association with some of the regions top trade associations and social networking groups, the DFR is throwing the holiday party of the millennium... so far! Join us for this unique business networking event, which includes a leadership panel forecasting 2009, a conversation with the recipient of the DFR "Outstanding Achievement Honor", promotion of three important non-profit initiatives, showcase tables from over 25 technology associations and networking groups, entertainment and much more. Visit for information or to purchase tickets. Enter promo code DFR31 for the DMW readers discount.

Briefly Noted

New York - Online magazine has hired former New York Gov. Eliot Spitzer, who resigned amidst a prostitution scandal earlier this year, to write a column dealing with the economy, Reuters reported. [more..]
New York - Viacom's Comedy Central network has re-launched its website, which now features some 5,000 video clips and 12,000 text-based jokes arranged by topic, in addition to information on various stand-up comedy tours. [more..]
Los Angeles - Tapulous, developers of the iPhone and iPod touch music game "Tap Tap Revenge," has announced the release of two new versions of the game, one of which features dance music from EMI and independent artists, while the other features original recordings of Christmas songs by Weezer (Universal/Geffen Records). [more..]
New York - Qtrax, an ad-supported digital music service, announced on Thursday that it has signed a deal to license major record label Sony BMG's catalog for its offering. [more..]
London - Shazam, a provider of mobile music identification applications, announced on Thursday that it has increased its database from 6 to 8 million tracks, following new partnerships and direct sourcing activities. [more..]
London - VidZone Digital Media, a London-based digital distributor of independent music, has signed a deal with YouTube that will put 4,000 of its indie label artist music videos on the site, MusicWeek reported. [more..]

Job/Event/Marketplace Classifieds

- Synacor - Buffalo, NY
- Liquid Digital Media - Redwood City, CA
- New York University - New York, NY
- MySpace Records - Los Angeles, CA
- Questex Media Group, Inc. - Santa Ana, CA
- meebo - Mountain View, CA

Newsletter Sponsors


DMW Information

Executive & Editorial Team

Ned Sherman: CEO, Publisher & Editor-in-Chief
Paul Sherman: Co-Founder & Executive Editor
Tinzar Sherman: VP, Marketing & Events
Mark Hefflinger: DMW Newsletter Editor
Joakim Baage: VP, Content and Senior Writer:
Ellen Gildersleeve: Director, Marketing & Events
Duan Li: Marketing & Events Coordinator

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