MTV Networks to acquire Harmonix
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Viacom Inc.'s MTV Networks said Friday it will buy Harmonix Music Systems Inc., a developer of music-themed video games, for $175 million in cash.
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NEW YORK, June 21  /PRNewswire/ -- MTV Networks' Entertainment Group has promoted Jon Slusser to senior vice president, Spike digital and video games. The promotion was announced by Erik Flannigan, executive vice president, digital media, to whom Slusser will report.
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Vivendi's Universal Music has agreed to   buy BMG Music Publishing for 1.63 billion euros ($2.1 billion)   in a long-expected deal that makes the world's biggest seller   of recorded music also the largest in music publishing.
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(InfoWorld) - Mediasurface, a maker of content management software (CMS), will buy Immediacy, also a content management vendor, for Â£5.6 million ($11.1 million) the companies announced on Tuesday. Mediasurface said the acquisition will give it a content management software offering for midsize businesses, rounding out its portfolio of CMS systems. Immediacy's CMS is geared for nontechnical users, according to Mediasurface's Web site. It can be used to administer Web sites or content within intranets and extranets. Mediasurface's main product is Morello, which is Web content management software that uses an interface that looks similar to Windows. It also makes Pepperio, a software package for small businesses to build Web sites. Mediasurface said it will issue shares to raise money for the acquisition as well as use cash. Â
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Wurld Media has concluded agreements with Sony BMG, Universal Music Group and Warner Music Group to facilitate the licensing of music exchanged on its peer-to-peer music network.
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David Lynn has been appointed head of  MTV Networks UK & Ireland, succeeding Michel Bakkier whose  departure was announced last week, MTV Networks International  said on Thursday.
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Media group Bertelsmann agrees to sell its BMG Music Publishing to Vivendi's Universal Music for 1.63bn euros.
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CBS Corp. said on Wednesday it  has purchased Last.fm, the online music service that allows  fans with similar tastes to connect, for $280 million in a bid  to attract young audiences.
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By DAVID BAUDER  NEW YORK - The MTV Networks are launching MTV Tr3s, a new channel aimed at becoming the premier cultural outlet for young Latinos. The network starts operating Monday.
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Vivendi's Universal Music has agreed to  buy BMG Music Publishing for 1.63 billion euros ($2.1 billion)  in a long-expected deal that makes the world's biggest seller  of recorded music also the largest in music publishing.
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Bertelsmann agrees to sell its BMG Music Publishing Group to Vivendi's Universal Music for 1.63m euros ($2.1m; Â£1.1m).
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NEW YORK -- The media company that owns MTV, Nickelodeon and Paramount Pictures said Wednesday that it will now advertise online through Microsoft Corp. as part of a larger deal.
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NEW YORK  - Joost, the Web site that  distributes TV and video fare through peer-to-peer technology,  is getting a little cozier with the TV business through a new  partnership with VH1.
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CBS Corp. has acquired Last.fm, a social networking site for music fans, for $280 million in cash.
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Viacom Inc., home to the MTV networks,  said on Monday it would boost advertising sales from digital  operations and evaluate its international presence as it  focuses on these growth areas in coming years.
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Viacom Inc's MTV Networks Group has signed deals to make videos available on five online video services and Comcast Corp's broadband site, as the company aims to increase its presence on the Web.
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In the two months since MTV Networks  and Harmonix released the music-based videogame "Rock Band,"  players have purchased and downloaded more than 2.5 million  additional songs made available after the game's initial  distribution. Activision, meanwhile, said it has sold more than  5 million new songs via download for "Guitar Hero III: Legends  of Rock" since it began adding downloadable content in early  November.