Social Games Publisher 6 Waves Secures $17.5 Million

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Hong Kong – Social games
publisher 6 Waves announced on Thursday that it has received a $17.5 million
investment from Insight Venture Partners.

Hong Kong-based 6 Waves says its more
than 20 titles, which include "Happy Harvest," "Animal
Paradise" and "My Fishbowl," count over 50 million monthly
active users.

The company offers developers distribution, localization,
monetization and infrastructure services.

6 Waves will use the funds to develop
infrastructure and grow its team.

 

Related Links:
http://www.6waves.com/press.php

Music Discovery, Marketing Site OurStage Gets $2.55 Million

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Boston
– OurStage, a provider of music discovery and online marketing services for
musicians, has raised $2.55 million towards an expected $6 million in second
round financing, Billboard reported.

The company raised $17 million in its
first round in 2008, and was reported to have raised $3 million towards this
second round in August 2009.

Billboard notes that an SEC filing lists 49
investors for the round.

Boston-based OurStage lets bands upload and market
their music to fans, who in turn can rate and rank them.

The company expects
its second round to bring it to profitability this year.

 

Related Links:
http://snipurl.com/u5cbh

(Billboard)

http://www.ourstage.com

Mobixell Networks Acquires Mobile Internet Firm 724 Solutions

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San Jose,
Calif.
– Mobixell Networks, a
provider of mobile multimedia and advertising services, announced on Thursday
that it has acquired mobile Internet firm 724 Solutions.

Financial terms of the
deal were not disclosed.

Founded in 2000, San Jose, Calif.-based Mobixell provides
multimedia processing and multi-channel mobile advertising to over 300 mobile
operators and content producers.

Mobixell said that the merged company "will
create a global organisation with local sales and support capability in the US, UK,
China, Switzerland, India,
Israel,
and other countries, and with a customer base of over 350 mobile operators
worldwide."

 

Related Links:
http://www.mobixell.com

http://www.724.com

NewsGator Acquires Social Computing Firm Tomoye

1

Denver
– NewsGator Technologies, a provider of news content aggregation services,
announced on Thursday that it will acquire Tomoye, a developer of social
computing technologies.

Financial terms of the deal were not disclosed.

Denver-based
NewsGator said it counts over 2.1 million paid enterprise social computing
users, with customers including USA Today, CBS, CNN and National Geographic.

Tomoye
counts among its social computing customers the U.S. Army, with 150,000 users.

"This
strategic move expands our market reach and gives us a broader portfolio of
solutions for current and future customers," said J.B. Holston, NewsGator
CEO.

 

Related Links:
http://snipurl.com/u5c6g

http://www.newsgator.com

http://www.tomoye.com

Grammys Telecast to Feature 3D Michael Jackson Clip

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New York
– This year’s Grammy Awards telecast will feature a 3D clip made by Michael
Jackson before his death, the Associated Press reported. The five-minute 3D
clip for Jackson’s
song "Earth Song" was to be included in the series of comeback
concerts that never happened. Target will offer free 3D "Grammy"
glasses in its retail stores from Jan. 24 until the day of the broadcast on
Jan. 31.


 

Related Links:
http://snipurl.com/u50hs

(AP)

Sirius XM Adds 257K Subscribers in Q4 2009

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New York
– Sirius XM Radio (NASD: SIRI) announced on Wednesday that it added 257,000 net subscribers
during the fourth quarter of 2009, to end the year with a total of 18.8 million
subscribers. "Based on preliminary financial data, we expect to report
over $100 million of free cash flow for 2009, an extraordinary improvement over
the pro forma negative free cash flow of $552 million that the company
experienced in 2008," said Sirius XM CEO Mel Karmazin. "This is the
first year in our history that we have generated positive free cash flow for
the entire year."  


 

Related Links:
http://snipurl.com/u50kp

http://www.sirius.com

"Tetris" Hits 100 Million Paid Mobile Game Downloads

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New York
– Classic video game "Tetris" has surpassed 100 million paid
downloads to mobile phones worldwide, according to distributors Blue Planet
Software and EA Mobile. The game was developer by Alexey Pajitnov in 1984
originally for the PC, but was later ported to the original NES, Nintendo Game
Boy and eventually mobile phones in 2001.


 

Related Links:
http://snipurl.com/u4zzp

Chinese Video Portal Youku Adds Copyright ID Platform

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Beijing – Chinese video
portal Youku on Wednesday announced the launch of a new copyright
identification management platform, calling it "the first of its kind in China."
The company said it plans to "embark on content acquisition on an
unprecedented scale" this year, and that the new system will
"accelerate the industry’s movement toward legitimate content."
"Trial operation of the copyright identification system has already begun
for European and American audio-video copyright holders," said Yao Jian,
Youku’s chief technology officer. "Following this initial stage of
operations, we will continue to improve and perfect the system, making it more
efficient and more convenient to use."


 

Related Links:
http://snipurl.com/u50h5

http://www.youku.com

YouTube Tests Movie Rentals with Sundance Partnership

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San Bruno, Calif.
Google’s (NASD: GOOG) YouTube plans on Friday to test the waters with movie rentals, as it
launches a partnership with the Sundance Film Festival to make five films from
this year’s and last year’s festival available for rental to U.S. users. The
film rentals, which include "The Cove," "Homewrecker" and
"Bass Ackwards," will cost $3.99 for 48 hours access. The company
also issued a call for more independent filmmakers to join its new rental
program.


 

Related Links:
http://ytbizblog.blogspot.com/2010/01/youtube-to-sundance-independent.html

Report: Manchester United Bans Players from Social Media Sites

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London
– Professional soccer club Manchester United, a team within the English Premier
League, has imposed a ban on social networking sites like Facebook and Twitter for
its players, according to reports. The reports indicate that a Facebook account
for Man U player Wes Brown was taken down, while the "Walls" of
profiles for Ryan Giggs and Rio Ferdinand were wiped clean. Twitter accounts
purported to be operated by Man U players Wayne Rooney, Ryan Giggs and Darren
Fletcher are no longer online.


 

Related Links:
http://www.theregister.co.uk/2010/01/19/man_utd_social_networking_ban/

http://snipurl.com/u50jq
(EPL-Talk.com)

http://snipurl.com/u50jw
(Manchester United statement)

http://www.manutd.com