Aug. 9: HP CEO Out; Skype IPO; RIM-Saudi Arabia; Playlist.com-Ch. 11; Jambool

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August 9, 2010 · Today's Sponsor:
Digital Music Forum - West

Top Stories

Palo Alto, Calif. - Shares of HP fell more than 7% on Monday, three days after Mark Hurd resigned as the company's chairman, president and CEO following an internal investigation into the possible sexual harassment of a female contractor. [more..]
Luxembourg - Internet telephone service Skype on Monday filed to raise up to $100 million in an initial public offering (IPO) on the Nasdaq. [more..]
Waterloo, Ontario - Research in Motion (RIM), the maker of BlackBerry smartphones, will allow the government of Saudi Arabia to monitor BlackBerry users' messages within the country in a bid to avoid an outright ban on the devices there, the Associated Press reports. [more..]
Santa Monica, Calif. - Online publisher Demand media has filed with the Securities and Exchange Commission (SEC) for an initial public offering that hopes to raise up to $125 million. [more..]
Cupertino, Calif. - Mark Papermaster, Apple's top mobile executive who was hired away from IBM in 2008, has left the company in the wake of the antenna issues with the company's recently released iPhone 4, The New York Times reported on Saturday. [more..]
Palo Alto, Calif. - Playlist.com, a service that lets users create and share music playlists online, filed for Chapter 11 bankruptcy protection on Friday, CNET News.com reported. [more..]
San Francisco - Online games are expected to generate revenues in excess of $2 billion next year in Korea, which boasts an 80% Internet and PC usage penetration rate, according to a report from Pearl Research.
[more..]
San Francisco - Google is acquiring Jambool, the developer of a virtual monetization platform, TechCrunch reported. [more..]
Los Angeles - Music streaming service Grooveshark on Monday said it has settled copyright infringement claims from Merlin, an entity set up to represent the interests of independent record labels in digital negotiations. [more..]
Beijing - Chinese Web portal Sohu.com announced on Monday that it will sell a 16% minority stake in its Sogou online search unit to a fund owned by Sohu chairman Jack Ma, and Chinese e-commerce firm Alibaba Group. [more..]
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 Venture Partners. [more..]
Minneapolis, Minn. - BringMeTheNews, a provider of news aggregation and also a producer of radio newscasts, has raised $1 million in funding from The Dolan Company and Padilla Speer Beardsley. [more..]

DMW Notice Board

New York Games Conference - September 21, 2010 - New York, NY
Steven Chiang
, President, Studios, Zynga, will be having a 1-on-1 Keynote Interview with Mike Vorhaus, President of Magid Advisors and Alex St. John, President & CTO of hi5, will be delivering a Keynote presentation at this year's event! The first round of speakers for the 2010 conference have been announced. You can find the agenda and all event updates online. We are accepting speaker submissions and offering sponsor/exhibit opportunities now. Please contact Event Director Jay Baage via email jay@digitalmediawire.com for more information.
Register now for the Economy Rate of only $499 until August 27!

Digital Music Forum, West - October 6-7, 2010 - Los Angeles, CA
We are happy to announce Chris Tsakalakis, General Manager of Ebay Tickets/StubHub, and Rick Alden, Founder & CEO of Skullcandy, as Keynote Speakers for the conference! The first round of speakers for this years conference have also been released. An updated agenda and speaker list can be found online. We are accepting speaker submissions and offering sponsor/exhibit opportunities now. Please contact Event Director Jay Baage via email jay@digitalmediawire.com for more information.
Register now for the Economy rate of $499 until August 27!

Digital Media Conference, West - October 27, 2010 - San Francisco, CA
Join us as we bring some of the nation's top industry leaders back to the city by the bay! All event updates and registration forms can be found online! We are currently accepting speaker submissions and offering sponsor/exhibit opportunities now. Please contact Event Director Jay Baage via email jay@digitalmediawire.com for more information.
Register now for the Economy rate of $399 until August 27th.

Briefly Noted

New York - Time Warner announced on Monday that Jack Griffin has been named CEO of Time Inc., succeeding Ann Moore who will retire next month after 32 years at the company. [more..]
Los Angeles - The producers of teen-focused Web series "Anyone But Me" have received $16,950 in donations so far from fans looking to help finance a third season, NewTeeVee reports. [more..]
Los Angeles - The domain JailBreakMe.com has been blocked at Apple Stores, after a rash of pranks at the retail locations saw iPhone display models "jailbroken" using the website, according to published reports. [more..]

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Ned Sherman: CEO, Publisher & Editor-in-Chief ned@digitalmediawire.com
Paul Sherman: Co-Founder & Executive Editor psherman@potomactechwire.com
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Mark Hefflinger: DMW Newsletter Editor mark@digitalmediawire.com
Joakim Baage: VP, Content and Business Development: jay@digitalmediawire.com
Duan Li: Assistant Marketing Manager duan@digitalmediawire.com
Erica Quini: Marketing & Events Coordinator erica@digitalmediawire.com

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