Feb. 25: U.S. Music Sales; Cablevision DVR; AFACT-iiNet; Sellaband Acquired

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New York - The number of U.S. music purchasers declined by 24 million between 2007 and 2009, a drop of 21% during a period when consumers were purchasing far fewer CDs but beginning to experiment more with digital music, according to data presented by market research firm NPD Group at Digital Media Wire's Digital Music Forum East conference in New York yesterday. [more..]
New York - Cablevision, the nation's fifth-largest cable TV provider, plans to begin deploying its controversial Remote Storage Digital Video Recorder service in April and expects it to be available to all of the company's 3 million subscribers by year's end, Multichannel News reported. [more..]
Sydney - A group of Hollywood movie studios and TV networks has appealed an Australian court's ruling that found ISP iiNet was not responsible for copyright infringements committed by its subscribers. [more..]
Cupertino, Calif. - Apple announced on Thursday that its iTunes Store sold its ten-billionth song download, the purchaser of which will receive a $10,000 iTunes Gift Card. [more..]
Munich, Germany - Sellaband, the fan-financed recordings site that recently filed for bankruptcy protections in Holland, announced late Wednesday that investors in Germany have agreed to acquire the company, Wired.com reported. [more..]
Washington - The Justice Department said that it won't challenge a proposal on antitrust grounds by Silicon Valley-based MyWire to form a new online subscription news aggregation service. [more..]
Washington - Searching for a way to free up valuable wireless airwaves, the Federal Communication Commission (FCC) is considering asking broadcast television stations to voluntarily relinquish some of their unused spectrum, Reuters reported.
[more..]
Dallas - IAC's dating site Match.com announced on Thursday that it will acquire fellow dating site Singlesnet. [more..]
San Francisco - Online social network hi5 announced on Thursday that it has acquired social gaming firm Big Six. [more..]

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Briefly Noted

New York - Lady Gaga is currently generating 25% of all of its traffic on Vevo, the music video portal joint venture between Universal Music, Sony Music and EMI, according to remarks made by Interscope/Geffen head of digital Ted Mico at Digital Media Wire's Digital Music Forum East conference in New York, CNET News.com reported. [more..]
New York - CBS has signed a deal to include programming from U.K. broadcaster Five on its TV.com video-on-demand service, PaidContent reported. [more..]
Provo, Utah - Online family history resource Ancestry.com said on Thursday that it has partnered with NBC to provide research for and sponsor its upcoming series, "Who Do You Think You Are?" [more..]
London - Brightcove, a provider of Internet video delivery services, announced on Thursday that U.K.-based Virgin Media will use its services to deliver video across Virginmedia.com. [more..]

Extras


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