Conflicting Reports Emerge on Ticketmaster-Live Nation Deal

1

Washington
– Shares of Ticketmaster (NASD:  TKTM) and Live Nation (NYSE:  LYV) rose Wednesday after a report by
TheDeal.com cited unnamed sources as saying the Justice Department would
approve the proposed merger — although "antitrust sources" told
Reuters that the report was "inaccurate," and that the Justice Dept.
has been preparing to challenge the deal in court. TheDeal.com’s report
indicated that the Justice Dept. would approve the deal "with conditions,"
and that lawyers in the antitrust division "were ‘unenthused’ about
pursuing the potential vertical combination threats" posed by the merger
of the ticketing and concert promotion giants.

Shares of both companies were up as much as 8% on Wednesday on the news.

Meanwhile, sources told Reuters
that "the DOJ has had a litigation team preparing the case for litigation
for months," adding, "we have the impression that efforts to settle
have fallen through."

British antitrust regulators approved the proposed
merger last month.

 

Related Links:
http://snipurl.com/tzf1q

(TheDeal.com)

http://online.wsj.com/article/BT-CO-20100106-708726.html

http://www.reuters.com/article/idUSN0615439420100106

Report: Mobile Music Firm Melodeo in Acquisition Talks

0

Seattle
– Melodeo, a provider of mobile music delivery technology, , is in acquisition
talks with at least two companies "that lost out on the bidding war for
Lala," Billboard reported, citing unnamed sources.

The story did not
mention who the potential suitors might be.

Seattle-based Melodeo’s
applications include the recently-released Effin Genius streaming music
application for the iPhone, which creates playlists based on the songs on
already on a user’s iPhone.

The company also operates nuTsie, which streams a
user’s iTunes library to a mobile phone or other Web-connected device, and
offers genre- and artist-based recommendations.

Sources told Billboard the
company is also planning in coming weeks to launch a new major product, and announce
new partnerships.

 

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

(Billboard)

http://www.nutsie.com/melodeo

Aggregate Knowledge Raises $9 Million for Recommendations

0

San Mateo,
Calif.
– Aggregate Knowledge, a
provider of content recommendation services, announced on Wednesday that it has
raised $9 million in its third round of financing, led by OVP Venture Partners.

Also participating in the round were Kleiner Perkins Caufield and Byers, DAG
Ventures, and existing angel investors.

San Mateo,
Calif.-based Aggregate Knowledge powers recommendations for major retailers and
publishers, and is now expanding its services to help advertisers manage,
personalize and monetize their desired audiences.

The company will use the
funds to hire additional staff as it expands its business into new markets.  

 

Related Links:
http://snipurl.com/tzej6

http://www.aggregateknowledge.com

DataSphere Gets $10.8 Million to Build Hyperlocal News Sites

0

Bellevue,
Wash.
– DataSphere, a provider of
hyperlocal news sites for news companies, has raised $10.8 million in a new
round of venture capital financing, led by Ignition Partners with participation
from two unnamed investors, PaidContent reported.

Bellevue,
Wash.-based DataSphere helps publishers further monetize their content by
repackaging their existing content to create hyperlocal news sites.

Customers
include TV station owners Fisher Communications and Cowles California Media, as
well as Reader’s Digest and Golf.com.

 

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

(PaidContent)

http://www.datasphere.com

Stealth Social Gaming Start-up DNA Games Nabs $2 Million

0

San Francisco
– DNA Games, a stealth-mode developer of social games, has raised $2 million in
new funding, PaidContent reported, citing a regulatory filing.

The company was founded in 2009
by a team of former executives from Bazaar Advertising.

San Francisco-based DNA
Games has yet to launch a formal website for the company.

 

Related Links:
http://snipurl.com/tze9p

(PaidContent)

The Echo Nest Lands $1.3 Million for Music Recommendations

0

Somerville,
Mass.
– The Echo Nest, the
provider of a music recommendation and search platform, has raised $1.3 million
in new funding from 14 unnamed investors, according to a regulatory filing.

Somerville, Mass.-based Echo Nest’s "machine
learning" platform was developed by MIT PhDs, and aims to improve the
relevance of music search and recommendations.

The company’s technology is
being used by streaming music service Spotify, and was recently integrated into
music blog network MOG’s new subscription-based streaming music service.

 

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

Skype Coming to Panasonic, LG Web-connected Televisions

1

Las Vegas – Skype, the Internet telephone service, on
Tuesday announced partnerships with consumer electronics firms Panasonic and
LG, to integrate voice and video calling via Skype into the companies’
respective Internet-connected HDTV sets. Set to become available in the spring,
the setup will require a new TV-ready webcam with a microphone designed to
"easily pick up sound from couch-distance."


 

Related Links:
http://share.skype.com/sites/en/2010/01/skype_on_your_tv.html

Spring Design Adds Google Books Access to Alex eReader

0

Fremont,
Calif.
– Spring Design, maker of
the dual-screen Alex eReader e-book reader device, announced on Tuesday that it
has signed a deal with Google (NASD: GOOG), giving Alex users access to more than one
million public domain books from Google Books. The titles will be available via
the Alex’s integrated Android browser and search applications.


 

Related Links:
http://snipurl.com/tz41s

http://www.springdesign.com

MSNBC.com Buys BreakingNews.com Domain

0

New York
– MSNBC.com, the network and website joint venture between Microsoft and NBC,
has purchased the domain BreakingNews.com, PaidContent reported. Last year, the
company took over a Twitter account called @BreakingNews from BNO News. The
BreakingNews.com website currently features the same scrolling feed of
headlines posted to the Twitter account.


 

Related Links:
http://snipurl.com/tz3sr

(PaidContent)

http://www.msnbc.com

http://breakingnews.com

Finnish Label to Halt New Signings Until P2P Sites Stopped

0

Los Angeles – A Finland-based record label has announced that
it will cease signing new artists until "our politicians have stopped the
P2P sites," TorrentFreak reported. "We are NOT able to sign more
artists. No demos or masters you send us will be considered for release,"
reads a note on Lion Music’s website. "The illegal file sharing on the net
is killing independent music…Our demo policy will not change before our
politicians have stopped the P2P sites. Illegal file sharing is not just about
stealing from rich major companies. It is about killing independent music and
making it impossible for many great musicians to have a chance to release
albums and have a musical career even as a part time job."


 

Related Links:
http://snipurl.com/tz3r8

(TorrentFreak)

http://www.lionmusic.com