June 25: iPhone 4 Sales; Paid Hulu?; SoundExchange; Canvas; GarageBand.com-RIP

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June 25, 2010 · Today's Sponsor:
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Los Angeles - Apple sold an estimated 1.5 million units of its iPhone 4 on its first day on sale yesterday, according to analyst firm Oppenheimer, Reuters reports. [more..]
New York - Hulu, the online video portal joint venture between NBC Universal, News Corp. and Disney, may begin testing a paid subscription service next week, The Wall Street Journal reported, citing people briefed on the plans. [more..]
Washington - SoundExchange, the recording industry entity set up to collect and distribute digital music royalties, said this week that it made a record $54.8 million in payments to artists and labels in the second quarter. [more..]
London - The BBC has been given the green light to proceed with Project Canvas, an Internet video-on-demand joint venture that will offer programs from broadcasters including ITV, Channel 4, Five and the BBC. [more..]
San Francisco - GarageBand.com, an online music community and digital music store, announced that it will shutter on July 15 after more than ten years in operation, TechCrunch reported [more..]
Mountain View, Calif. - Social games publisher Playdom announced this week that it has acquired Hive7.com, a gaming start-up based in Palo Alto, Calif. [more..]
Silver Spring, Md. - WorldSpace, the satellite radio provider that filed for Chapter 11 bankruptcy in late 2008, said that it has closed a deal to sell its assets to Yazmi USA, a company owned by WorldSpace CEO Noah Samara. [more..]
San Francisco - Ticketfly, the operator of an independent online ticketing and social marketing platform, announced that it has acquired Gigbot, a provider of Web-based ticketing and marketing tools for venues and event promoters. [more..]

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Digital Media Conference East - June 25, 2010 - Washington D.C.
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Briefly Noted

San Bruno, Calif. - Rumblefish, an online music licensing service, has signed a deal with Google's YouTube, which will allow YouTube users to pay $2 to license Rumblefish tracks for use in noncommercial videos they post to the site, Billboard reports. [more..]
Los Angeles - France's forthcoming "three-strikes" protocol to combat file-sharing will be able to monitor peer-to-peer networks and identify 25,000 incidents of suspected infringement per day for music, and another 25,000 incidents per day for audiovisual works, TorrentFreak reports. [more..]
Los Angeles - Vevo, the music video portal joint venture between Universal Music, Sony Music and Abu Dhabi Media Company, plans to launch an iPhone application next month, Mashable reports. [more..]
London - International record label trade group IFPI announced this week that chairman and CEO John Kennedy is stepping down, after more than five years in the post. [more..]

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