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YouTube CEO Chad Hurley to Step Down

San Bruno, Calif. - YouTube (NASD:  GOOG) CEO Chad Hurley has announced that he will step down from the position, and become and advisor within...

Wal-Mart's Vudu Video Service Coming to Boxee

San Francisco - Vudu, the streaming movie service owned by Wal-Mart (NYSE: WMT), said on Thursday that its service will be available on Boxee's Web-to-TV platform, including...

Court Orders Triton to Pay Studios Over Pirate Website Ads

Los Angeles - A federal court has ordered online advertising firm Triton Media to pay Hollywood movie studios Disney (NYSE:  DIS) and Warner Bros. (NYSE:...

Report: DVD Kiosk Firm Redbox to Name Streaming Partner

Oakbrook Terrace, Ill. - Redbox, the operator of a network of automated DVD rental kiosks, is expected to announce a partner for a planned streaming video...

Report: Netflix Streaming Rights May Cost $2 Billion Through 2011

Los Gatos, Calif. - Online DVD rental and streaming video service Netflix (NASD: NFLX) could pay as much as $2 billion through 2011 for the rights...

Live Video Webcaster Ustream Lays Off 4.5% of Staff

San Francisco - Ustream, a provider of live video webcast distribution services, has laid off 4.5% of its staff, or 9 of 200 employees, TechCrunch reported. "This...

Report: Online Video Tops File-Sharing in Global Web Traffic

Los Angeles - Online video has surpassed peer-to-peer file-sharing as the largest generator of global broadband traffic, according to Cisco's (NASD: CSCO) Visual Networking Index Usage report. ...

Studios Sign On to Digital Entertainment Content ID Registry

Hollywood - A coalition of movie studios, pay-TV providers and technology firms on Wednesday launched the Entertainment Identifier Registry (EIDR), a not-for-profit global registry that aims...

MySpace Debuts 'Social Entertainment' Site Redesign

Los Angeles - News Corp.'s (NYSE:  NWS) MySpace online social network on Wednesday unveiled a long-awaited redesign of the site in beta, which now positions itself...

Rockabox Lands Funding for Online Video Distribution

London - Rockabox Media, a developer of online video distribution technology, has secured an undisclosed amount of first round financing from Frog Capital. Founded in 2008,...