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My Damn Channel Raises $4.4 Million for Original Web Videos

New York - Digital entertainment studio My Damn Channel announced on Monday that it has closed a $4.4 million second round of funding, led by Intuitive...

Universal Music Pulls Music Videos From MTV Websites

New York - Music videos from Universal Music Group artists are being pulled from websites operated by Viacom's (NYSE:  VIA) MTV, after the parties failed to...

Report: Mobile Video Revenues to Hit $1.34 Billion by 2014

Los Angeles - Revenue from mobile video services is expected to grow from a projected $548 million this year to $1.34 billion in 2014, according to...

Viacom to Produce TV Movie Based on YouTube Star "Fred"

New York - Viacom's (NYSE: VIA) Nickelodeon children's network will produce a TV movie based on "Fred," an online video star on Google's (NASD: GOOG) YouTube whose channel...

Don Henley Settles Suit Over Misuse of Songs in Campaign Ads

Los Angeles - Musician Don Henley said on Thursday that he has settled claims for damages against a California politician who used his songs without permission...

Chinese Video-Sharing Site Tudou Raises $50 Million

Shanghai - Tudou, a video-sharing site in China, announced on Thursday that it has raised $50 million in a fifth round of venture capital financing. Singapore's...

FaceTime Video Calls on 3G Eat 3MB of Data per Minute

Los Angeles - Owners of Apple's (NASD: AAPL) iPhone 4 consume about 3MB of data per minute when using the smartphone's FaceTime feature to conduct video calls...

DISH to Enable Live TV Streaming TV to iPad, Other Devices

Philadelphia - Satellite TV provider DISH Network (NASD: DISH) plans to offer subscribers the option to stream live programming at no extra cost to mobile devices such...

THR: Gawker Settles Copyright Suit Over "McSteamy" Sex Tape

Los Angeles - Blog network Gawker Media has settled a $1 million copyright infringement lawsuit filed by "Grey's Anatomy" co-star Eric Dane and actress Rebecca Gayheart...

Judge Rejects RIAA Request to Freeze LimeWire Assets

Los Angeles - A federal judge will not freeze the assets of file-sharing service LimeWire and its founder Mark Gorton, rejecting a request from the Recording...