It’s official: MySpace has closed on its acquisition of Imeem, the streaming music service. It is paying a fire-sale price of $1 million, sources familiar with the situation tell me, and could pay up to $7 million to $9 million in earn-outs for key employees, who will likely include CEO Dalton Caldwell. Investors like Sequoia and Warner Music Group had pumped at least $25 million into the venture.
Viacom has been rummaging through Google and YouTube records for more than a year as part of its $1 billion copyright lawsuit. Did it get what it was looking for? Maybe.
Yes, Viacom is still suing Google for a billion dollars, because it says too many of its videos showed up on YouTube. But that doesn’t mean Viacom and Google can’t work together to prevent the cable giant’s videos from showing up on YouTube.
Want to see this in action? Go to YouTube and try to find a clip of the Kanye West/Taylor Swift/Beyoncé incident from Sunday night’s Video Music Awards.
It’s a not-quite-annual tradition: Something unexpected (but perhaps not unplanned) happens at MTV’s Video Music Awards and the Internet can’t stop talking about it. But Viacom’s copyright lawsuit means that you’ll have work a bit if you want to see for yourself on YouTube.
Google guy Sergey Brin and his wife, 23andme CEO Anne Wojcicki, have donated $500,000 to Creative Commons, the nonprofit that’s trying to reinvent copyright. It also happens to have a direct tie to the couple, in the form of Wojcicki’s mother, Esther.
The Financial Times’s pay wall for its FT.com site has been a success. So what’s with the note warning wayward emailers?
Remember how the rascals at file-sharing site The Pirate Bay, chastened by the Swedish courts, were going to straighten up and go legit? Going to have to keep waiting on that one. Here’s the latest reminder: Yet another thumb in the eye to the big music labels.
Here’s the next step in the Associated Press’s attempt to adapt to the reality of the Web: It’s going to try to keep tabs on its stories, photos and videos via a “news registry that will tag and track all AP content online to assure compliance with terms of use.”
At first blush, the AP’s description of the program sounds a lot like an attempt to implement digital rights management–a lock-and-key system–for the news. But at least in this iteration, that’s not the case.
You can hear the head-scratching going on at movie studios and music labels across the world: What just happened to The Pirate Bay? Reports out of Sweden are murky at best. But supposedly, a Scandinavian software outfit is buying the world’s most notorious file-sharing site for about $8 million and will create a service that pays copyright owners when people download their work. But let’s be honest: That’s never going to happen.
Digital music start-ups seem to come in two flavors these days: Those being sued by the major music labels and those with expensive licensing deals they can’t afford.
But for some reason, plucky Grooveshark, which runs a very nice, free streaming music service, has stayed out of both of those buckets until now. I’ve confirmed that EMI Music Group is suing the site–whose motto is “Play any song in the world, for free!”–for copyright violation.
A licensing dispute means Warner Music Group can’t promote a new album by one of its biggest acts on the world’s biggest video site. But you can still find Green Day videos on the site, if you know where to look. What gives?
YouTube generates billions of views but no profits. That’s because Google’s video site only sells advertising on a small portion of the clips it shows. That may be changing, argues Bernstein Research’s Jeffrey Lindsay.
Last week, AT&T and Federated Media debuted “March Tweetness,” a Twitter-endorsed page geared around the March Madness college basketball tournament. It was Twitter’s second attempt at what amounted to an advertising play, and I thought it looked modestly promising. And now it’s gone. At least temporarily. The problem? No one checked with the NCAA, which keeps a tight grip on any and all college sports trademarks.
Video site Veoh, one of the biggest players in the “who will be the next YouTube” competition, is restructuring the company, laying off a good chunk of its staff and replacing CEO Steve Mitgang with founder Dmitry Shapiro. Shapiro says the company, which has been primarily focused on playing video and selling ads on its own site, will now be concentrating on a new “Video Compass” player that users will have to download onto their Web browsers in order to use.
Dallas Mavericks owner Mark Cuban has racked up more than $1.5 million in fines from the National Basketball Association for various transgressions. But he’s still finding ways to plow new ground. The latest: A $25,000 bill from the league for two messages, totaling 49 words, he posted via Twitter on Friday. Bonus new media debate: Can you copyright a Tweet?
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
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