Independent game developer Monte Cristo, the creator of the CITIES XL online game, has raised EUR 4.5 million ($7 million) Arts Alliance, 360 degrees Capital Partners and Innoven Partenaires. The…

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Glam Media is opening a German site with help from its backer Burda Cross Media. Glam is also getting some extra assistance from its latest acquisition, Munich-based digital marketing firm…

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Digital music providers welcomed today’s EC decision to end Europe’s country-by-country royalties collection system, a move that will make it easier for them to license songs for online use. 7Digital…

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UK mobile games maker Player X is buying Madrid-based mobile games publisher Gaelco Móviles for an undisclosed cash amount - its first acquisition and part of a European expansion plan.…

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-- The Film Club: Another bunch of film distributors is setting up an online distributor. Terry Stone, Mike Watson and Anthony Nottage are working on The Film Lounge, an adult…

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Now that the extravagant “flowers” bill has come down, EMI’s turnaround certainly looks on track. The label may not have to report its earnings publicly since it was taken private…

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-- Metrotwin: Next up in branded social networks is Metrotwin, British Airways’ attempt to encourage users to share recommendations for things to do in New York and London. Why? Because…

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Independent labels are taking legal advice over what they say is illegal use of their repertoire by CBS’ (NYSE: CBS) Last.fm, after efforts to strike a royalty accord stalled, paidContent:UK…

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-- ITN Games: The UK newsgatherer’s ITN On multimedia division is now doing contract online news production on a web-and-mobile video show for Cranberry Publishing’s Gamerzines.com, a host of free…

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-- SonyBMG/UMG MP3: Digital music retailer 7digital will be taking DRM-free MP3 repertoire from SonyBMG and Universal “imminently”, we can reveal. The label got MP3s from EMI last summer and…

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Just another reminder that, on the afternoon of Tuesday, September 23, we will be throwing EconMusic, a half-day conference in London discussing the emerging economics of the digital music business.…

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Playfish, a developer of games on Facebook, has raised $1 million (£500,000) as part of a larger planned venture round, according to VentureWire, via VentureBeat. The funding, from VC firm…

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“Music is not a commodity,” declares HMV (LSE: HMV) boss Simon Fox in a lengthy interview in the Sunday Telegraph on the retailer’s digital future. It’s a rather ironic pronouncement…

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Mobile news from our sister site mocoNews.net: -- Orange Launches Ad-Funded Mag: Orange has rolled out an ad-funded video magazine service on its portal Orange World. The clips—which includes celeb…

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A new eastern European VOD movie venture is in the offering. One of the region’s movie distributors, A Company, has acquired 25.1 in Hungarian VOD platform Filmklik.hu, with the intention…

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Berlin- and San Francisco-based online casual gaming platform GameDuell has received an €11 million second-round investment from Wellington Partners with the cash due to be used for international expansion. The…

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The growth of online and mobile won’t stop the fall in music buying over the next few years, according to an eMarketer survey of published forecasts. The research aggregator says…

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Babel Media, a Brighton-based firm that localises and tests video games and interactive entertainment, has been acquired by India’s Quatrro BPO for an undisclosed amount. New York investment group DE…

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Maybe free online music can give money back to the industry after all. The British Phonographic Industry (BPI) says digital licensing income from on-demand streaming services, including ad-supported offerings like…

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BT (NYSE: BT) appears to have joined Virgin Media (NSDQ: VMED) in sending warnings to its customers whom the British Phonographic Industry (BPI) says are illegally sharing music. One such…

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U2 manager Paul McGuinness may this year have become one of the music industry’s biggest advocates of action against ISPs and social networks, but not all of his comments have…

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Songkick, a US-UK concert recommendation engine, has closed its first round, estimated by VentureBeat at $1.1 million from the Accelerator Group’s Saul Klein. Based in Brooklyn and London, the company…

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Is Amazon (NSDQ: AMZN) readying a launch of its MP3-based store in the United Kingdom?  Amazon executives have been visiting British label heads, and are planning a splash later this…

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IPC Media is buying Mousebreaker, a Miniclip-style casual minigames website aimed at men, for a “seven-figure” sum - it’s first web-only play in the male market, MediaWeek reports. The site…

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Beatles representatives, who haven’t yet reached a deal to offer the band’s music online, are now in talks with two video games companies for a Beatles-themed video game, in a…

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