News of the finance

img src=http://images.ientrymail.com/internetfinancialnews/dollarsign.jpg align="right"Music discovery and subscription service MOG.com has announced another $9.5 million in funding and a pending expansion into Europe. brbrThe round was led by Menlo Ventures which was joined by new investor Balderton Capital. Dharmash Mistry, partner at Balderton Capital, has been appointed to MOGs board. The company had raised $12.5 million in previous rounds.br / br / MOG also announced that it will launch in the UK by the end of the second quarter. The UK is one of rival Spotify's most successful markets; and with Spotify thus far kept out of the U.S., it's the first time the two services will go head to head. br / br / MOG will try to counter Spotify's premium model with paid access to a 7 million track catalog of music that includes all four majors. One label exec told Hypebot that he is supportive of MOG not just for it's paid model, but also because it offers far more options for music discovery than its competitors.br / br / strongMOG's Free Trial Extended (Plus A Video Tour)/strong:br / br / In addition, the MOG All Access free trial will be extended from one hour to three days. Since we launched MOG All Access in December, weve seen an incredible 17% user conversion from the free trial which proves how much people like the service, said David Hyman, founder and CEO of MOG.br / br / MOG All Access is the best listening experience possible because we deliver the best on-demand experience, the best radio and the best tools to discover new music, Hyman continued. The response to MOG All Access among U.S. music fans has been fantastic and were excited to begin rolling out the service internationally starting with the U.K.br / br / MOG is home to more than 1,000 music blogs covering everything from pop to jazz to blues to country and comprising the largest music ad network on the web. MOG provides a single destination for people to discover and enjoy millions of songs and to immerse themselves in music content including news, reviews, playlists and lyrics.br / br / centerobject width="425" height="344"param name="movie" value="http://www.youtube.com/v/pnHDvPmLIcgamp;rel=0amp;color1=0xb1b1b1amp;color2=0xcfcfcfamp;hl=en_USamp;feature=player_embeddedamp;fs=1"param name="allowFullScreen" value="true"param name="allowScriptAccess" value="always"embed allowfullscreen="true" allowscriptaccess="always" src="http://www.youtube.com/v/pnHDvPmLIcgamp;rel=0amp;color1=0xb1b1b1amp;color2=0xcfcfcfamp;hl=en_USamp;feature=player_embeddedamp;fs=1" type="application/x-shockwave-flash" width="425" height="344"/object/centerbr / br / br / a href="http://www.hypebot.com/hypebot/2010/02/mog-get-more-funding-expands-into-spotify-territory.html" class="bluelink"Comments/abr / br / brbrcentera href="http://aj.600z.com/aj/9395/0/cc?z=1pos=1"img src="http://aj.600z.com/aj/9395/0/vc?z=1dim=9392pos=1" width="500" height="75" border="0"/a/centerdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Uhxk8e-uSBE:wjWPGgcbaak:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Uhxk8e-uSBE:wjWPGgcbaak:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Uhxk8e-uSBE:wjWPGgcbaak:63t7Ie-LG7Y"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=63t7Ie-LG7Y" border="0"/img/a /div

img src=http://images.ientrymail.com/internetfinancialnews/music0215.gif align="right"Two year old startup Music Mastermind has raised $4.85 million in Series A funding. Music Mastermind empowers anyone to create...brbr... music and collaborate with known artists on a variety of platforms including web portals, mobile devices and gaming consoles.br / br / The company was co-founded by former Virgin Records America CEO Matt Serletic and Wall Street veteran trader Bo Bazylevsky. In January, they showcased a demo version of its software at the CES 2010. A subsequent Los Angeles Times write-up raved, "Interest in music and video games is well-nigh universal, and Music Mastermind has combined the two in an instantly appealing way."br / br / I haven't seem Music Mastermind's platform, which I'll bet is a lot of fu to play with. But is everyone making music without the need for any study or practice really a good thing? Or is this just the digital version of a return to the pre-record and pre-radio days of singing on the front porch?br / br / a href="http://www.hypebot.com/hypebot/2010/03/music-mastermind-raises-5-million-for-technology-that-helps-anyone-make-music.html" class="bluelink"Comments/abrbrdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=gf8msADpC38:Wn8SctuP7kw:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=gf8msADpC38:Wn8SctuP7kw:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=gf8msADpC38:Wn8SctuP7kw:63t7Ie-LG7Y"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=63t7Ie-LG7Y" border="0"/img/a /div

img src=http://images.ientrymail.com/internetfinancialnews/dollarsignpuzzlepiece_67.jpg align="right"Universal Music Groups (UMG) revenues were 4,363 million in 2009 a 6.2% decrease compared to 2008. brbrDigital sales grew 8.4% tempered by softening demand for mobile products in the United States and Japan.br / br / Music publishing revenues increased 1.7% and UMG newly acquired merchandising division grew 24.6%.br / br / The a href="http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_viewamp;newsId=20100228005116amp;newsLang=en" target="_blank"year end report/a touted UMG's support of "Spotifys premium service accessible on the iPhone and MusicStations launch on the Android platform". but failed to mention Spotify's free ad supported online service or when it would license a US entry. UMG also pointed proudly to its involvement in VEVO.br / br / UMGs 2009 EBITA of 580 million declined 14.7% at constant currency compared to 2008. Lower gross margins from declining sales were partially offset by cost management initiatives, primarily reductions in marketing and overhead expenses.br / br / Best sellers for the year included new releases from Black Eyed Peas, U2 and Eminem and from Lady Gaga and Taylor Swift. Local best sellers included titles from Japans GreeeeN, Dreams Come True and Masaharu Fukuyama, as well as Germanys Rammstein, and Frances Mylne Farmer.br / br / a href="http://www.hypebot.com/hypebot/2010/03/universal-music-revenues-slide-62-digital-up-84.html" class="bluelink"Comments/abr / br / brbrdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=sVMAqKmAbPM:W27PBnx8Ogc:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=sVMAqKmAbPM:W27PBnx8Ogc:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=sVMAqKmAbPM:W27PBnx8Ogc:63t7Ie-LG7Y"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=63t7Ie-LG7Y" border="0"/img/a /div

img src=http://images.ientrymail.com/internetfinancialnews/ifn0305_67.jpg align="right"Global PC shipments are on track to total 366.1 million units in 2010, a 19.7 percent increase from 305.8 million units shipped in 2009, according to the latest preliminary forecast by Gartner.brbrhrbr / img src="http://images.ientrymail.com/internetfinancialnews/ifn0305.jpg" align="left" border="0"Worldwide PC spending is forecast to reach $245 billion in 2010, up 12.2 percent from 2009.br / br / The forecast is more optimistic than Gartner's December 2009 forecast, which predicted a 13.3 percent growth in PC shipments in 2010 and 1.9 percent growth in spending.br / br / Gartner expects all regional markets will return to growth exhibit more normal seasonality in 2010. The market will remain robust with unit growth continuing to increase strongly over the next three years as home PC demand increases and professional replacements rise in the recovery from the global recession.br / br / "The PC industry will be overwhelmingly driven by mobile PCs, thanks to strong home growth in both emerging and mature markets," said George Shiffler, research director at a href="http://www.gartner.com/technology/home.jsp" class="bluelink"Gartner/a. br / br / "Mini-notebooks are again forecast to boost mobile PC growth in 2010, but their contribution is expected to decline noticeably afterward, as they face growing competition from new ultra-low-voltage (ULV) ultraportables and next-generation tablets. Desk-based PC shipment growth will be minimal and limited to emerging markets."br / br / "We expect mobile PCs to drive 90 percent of PC growth over the next three years," said Mr. Shiffler. "In 2009, mobile PCs accounted for 55 percent of all PC shipments; by 2012, we expect mobile PCs to account for nearly 70 percent of shipments."br / br / Apple's launch of its upcoming iPad has created much discussion in the marketplace about market opportunities for traditional tablet PCs and next-generation tablet devices, such as iPad. Gartner anticipates vendors could ship up to 10.5 million traditional tablets and next-generation tablet devices worldwide in 2010.br / br / "Apple's iPad is just one of many new devices coming to market that will change the entire PC ecosystem and overlap it with the mobile phone industry," said Ranjit Atwal, principal analyst at Gartner.br / br / "This will create significantly more opportunities for PC vendors as well as significantly more threats."br / brbrcentera href="http://aj.600z.com/aj/9395/0/cc?z=1pos=1"img src="http://aj.600z.com/aj/9395/0/vc?z=1dim=9392pos=1" width="500" height="75" border="0"/a/centerdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_dailywrapup?a=qFxftV6Sdu0:d8YGCv4OxTg:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_dailywrapup?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_dailywrapup?a=qFxftV6Sdu0:d8YGCv4OxTg:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_dailywrapup?d=7Q72WNTAKBA" border="0"/img/a /div

img src=http://images.ientrymail.com/authors/mouse_glass_small.jpg align="right"Needs $160 Million To Avoid Citi Loan Default. UPDATE: Big Cuts Ahead As EMI Fights For Survival It's official. EMI has reported a 2.4 Billion Loss.brbrAccountants examining EMI's books as part of a dispute between the label group, it's investment firm owner Terra Firma, and lender CitiGroup are expected to reveal that the company is span style="text-decoration: line-through;"$2.23/span $2.4 billion in the red,br / br / The red ink would put EMI in default of the terms of its massive $4.5 billion debt to Citi which is struggling under its own losses. To make matters worse, a $160 million loan payment is due on March 31st; and if that is missed, the bank may be forced to take control of the struggling company.br / br / EMI's board is is said to be working feverishly on financing proposals to be presented to Terra Firma's investors. But at least 75% of them will have to vote in favor of putting up the extra cash. If not, there may be three majors left standing instead of four.br / br / UPDATE "A breach of debt ratios, which are based on earnings before interest, taxes, depreciation and amortization, could result in Citigroup taking control of EMI, the people said. EMI reported Ebitda rose 82 percent to 298 million pounds for the year ended March 2009." - a href="http://www.businessweek.com/news/2010-02-04/emi-posts-2-4-billion-loss-as-terra-firma-weighs-raising-cash.html" class="bluelink"Business Week/abr / br / a href="http://www.hypebot.com/hypebot/2010/02/emi-to-report-22-billion-loss-needs-160-million-to-avoid-citi-loan-default.html" class="bluelink"Comments/abr / br / Tag: a href="http://www.technorati.com/tag/EMI" rel=tagEMI/a, a href="http://www.technorati.com/tag/job+cuts" rel=tagjob cuts/abr / br / Add to a href="http://del.icio.us/post" onclick="window.open('http://del.icio.us/post?v=4partner=wpnnouijump=clos eurl='+encodeURIComponent(location.href)+'title='+encodeURIComponent(docum ent.title),'delicious','toolbar=no,width=700,height=400'); return false;" class="printMailTop"img src="http://images.ientrymail.com/webpronews/delicious-pic.png" border="0" Del.icio.us/a | a href="javascript:void window.open('http://digg.com/submit?phase=2url='+encodeURIComponent(window. location.href)+'ei=UTF-8','popup','width=520px,height=420px,status=0,locati on=0,resizable=1,scrollbars=1,left=100,top=50',0)"img src="http://images.ientrymail.com/webpronews/digg-pic.png" border="0" Digg/a | a href="javascript:location.href='http://reddit.com/submit?url='+encodeURIComp onent(location.href)+'title='+encodeURIComponent(document.title)"img src="http://images.ientrymail.com/webpronews/reddit.png" border="0"Reddit/a | a href="javascript:location.href='http://www.furl.br / net/storeIt.jsp?u='+encodeUR IComponent(document.location.href)+'t='+encodeURIComponent(document.title)+ ' '"img src="http://images.ientrymail.com/webpronews/furl-pic.png" border="0" Furl/abrbrcentera href="http://aj.600z.com/aj/9395/0/cc?z=1pos=1"img src="http://aj.600z.com/aj/9395/0/vc?z=1dim=9392pos=1" width="500" height="75" border="0"/a/centerdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Qsh6fLJ6-Xk:xU6xKj8lPMs:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Qsh6fLJ6-Xk:xU6xKj8lPMs:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Qsh6fLJ6-Xk:xU6xKj8lPMs:63t7Ie-LG7Y"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=63t7Ie-LG7Y" border="0"/img/a /div

img src=http://images.ientrymail.com/internetfinancialnews/music0215.gif align="right" From Japan's Softbank. (UPDATED)Popular live video streaming enabler Ustream has received another $75 million in...brbr...funding led by #3 Japanese cell service Softbank. Ustream will primarily use the money to expand service in Japan, China, Korea and India.br / br / Ustream allows anyone with a camera and a net connection or mobile phone that has web and filming capabilities to broadcast videos quicky and easily to their own channels. The site had 50 million unique users in January, but as the company said in a statement Asia offers an untapped market opportunity for streaming videos. China alone has 700 million wireless subscribers.br / br / strongUpdate: /strongTechCrunch is reporting that Ustream's a href="http://www.techcrunch.com/2010/02/01/ustream-funding-softbank/?utm_source=feedburneramp;utm_medium=feedamp;utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29amp;utm_content=Google+Reader" target="_blank"funding is really $20 million/a now and the option for $55 million later. Ustream had previously raised $13 million.br / br / a href="http://www.hypebot.com/hypebot/2010/02/ustream-scores-75-million-from-japans-softbank.html" class="bluelink"Comments/abr / br / Tag: a href="http://www.technorati.com/tag/Mobile" rel=tagMobile/abr / br / Add to a href="http://del.icio.us/post" onclick="window.open('http://del.icio.us/post?v=4partner=wpnnouijump=clos eurl='+encodeURIComponent(location.href)+'title='+encodeURIComponent(docum ent.title),'delicious','toolbar=no,width=700,height=400'); return false;" class="printMailTop"img src="http://images.ientrymail.com/webpronews/delicious-pic.png" border="0" Del.icio.us/a | a href="javascript:void window.open('http://digg.com/submit?phase=2url='+encodeURIComponent(window. location.href)+'ei=UTF-8','popup','width=520px,height=420px,status=0,locati on=0,resizable=1,scrollbars=1,left=100,top=50',0)"img src="http://images.ientrymail.com/webpronews/digg-pic.png" border="0" Digg/a | a href="javascript:location.href='http://reddit.com/submit?url='+encodeURIComp onent(location.href)+'title='+encodeURIComponent(document.title)"img src="http://images.ientrymail.com/webpronews/reddit.png" border="0"Reddit/a | a href="javascript:location.href='http://www.furl.br / net/storeIt.jsp?u='+encodeUR IComponent(document.location.href)+'t='+encodeURIComponent(document.title)+ ' '"img src="http://images.ientrymail.com/webpronews/furl-pic.png" border="0" Furl/abrbrdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=N_3HsX-SLME:wJfGDkgxmjo:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=N_3HsX-SLME:wJfGDkgxmjo:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=N_3HsX-SLME:wJfGDkgxmjo:63t7Ie-LG7Y"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=63t7Ie-LG7Y" border="0"/img/a /div

img src=http://images.ientrymail.com/internetfinancialnews/ifn_02192010_67.jpg align="right"Video advertising network YuMe has announced it has closed a $25 million round of funding led by new investor Menlo Ventures.brbrhrbr / img src="http://images.ientrymail.com/internetfinancialnews/ifn_02192010.jpg" align="left" border="0"The funding comes after a year in which YuMe served the industry's largest volume of in-stream video advertising. Existing investors Accel Partners, BV Capital, Dag Ventures and Khosla Ventures also participated in the round. Shawn Carolan, a Managing Director for Menlo Ventures, joins YuMe's Board of Directors.br / br / "This new funding allows us to be even more aggressive in expanding the footprint of our ACE video ad platform and maintaining our leadership position in video ad delivery across high quality in-stream content," said Michael Mathieu, CEO of a href="http://yume.com/home.php" class="bluelink"YuMe/a. br / br / "We had a tremendous year last year and have set big goals for 2010 to ensure we continue to provide solutions that make it easier for publishers to make the most money from video and for advertisers to reach the right audience in a powerful way."br / br / Major publishers on YuMe's video ad platform include MSN, MSNBC Digital Network, IDG Entertainment and Glam Media. YuMe saw exponential video advertising sales growth, reaching profitability and serving an average of 30 million in-stream video ads per day in December 2009.br / br / According to comScore, YuMe represents 1.2 billion in-player video streams per month and has a potential reach of 76 million unique viewers per month. br / brbrdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_dailywrapup?a=gTkiVJrmnJI:NrXXDA4UpsQ:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_dailywrapup?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_dailywrapup?a=gTkiVJrmnJI:NrXXDA4UpsQ:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_dailywrapup?d=7Q72WNTAKBA" border="0"/img/a /div

img src=http://images.ientrymail.com/internetfinancialnews/music0215.gif align="right"Needs $160 Million To Avoid Citi Loan Default. (UPDATED) It's official: EMI has reported a 2.4 Billion Loss. Accountants examining EMI's books...brbr... as part of a dispute between the label group, it's investment firm owner Terra Firma, and lender CitiGroup are expected to reveal that the company is $2.23 $2.4 billion in the red,br / br / The red ink would put EMI in default of the terms of its massive $4.5 billion debt to Citi which is struggling under its own losses. To make matters worse, a $160 million loan payment is due on March 31st; and if that is missed, the bank may be forced to take control of the struggling company.br / br / EMI's board is is said to be working feverishly on financing proposals to be presented to Terra Firma's investors. But at least 75% of them will have to vote in favor of putting up the extra cash. If not, there may be three majors left standing instead of four.br / br / UPDATE "A breach of debt ratios, which are based on earnings before interest, taxes, depreciation and amortization, could result in Citigroup taking control of EMI, the people said. EMI reported Ebitda rose 82 percent to 298 million pounds for the year ended March 2009." - a href="http://www.businessweek.com/news/2010-02-04/emi-posts-2-4-billion-loss-as-terra-firma-weighs-raising-cash.html" class="bluelink"Business Week/abr / br / a href="http://www.hypebot.com/hypebot/2010/02/emi-to-report-22-billion-loss-needs-160-million-to-avoid-citi-loan-default.html" class="bluelink"Comments/abr / br / Tag: a href="http://www.technorati.com/tag/EMI" rel=tagEMI/abr / br / Add to a href="http://del.icio.us/post" onclick="window.open('http://del.icio.us/post?v=4partner=wpnnouijump=clos eurl='+encodeURIComponent(location.href)+'title='+encodeURIComponent(docum ent.title),'delicious','toolbar=no,width=700,height=400'); return false;" class="printMailTop"img src="http://images.ientrymail.com/webpronews/delicious-pic.png" border="0" Del.icio.us/a | a href="javascript:void window.open('http://digg.com/submit?phase=2url='+encodeURIComponent(window. location.href)+'ei=UTF-8','popup','width=520px,height=420px,status=0,locati on=0,resizable=1,scrollbars=1,left=100,top=50',0)"img src="http://images.ientrymail.com/webpronews/digg-pic.png" border="0" Digg/a | a href="javascript:location.href='http://reddit.com/submit?url='+encodeURIComp onent(location.href)+'title='+encodeURIComponent(document.title)"img src="http://images.ientrymail.com/webpronews/reddit.png" border="0"Reddit/a | a href="javascript:location.href='http://www.furl.br / net/storeIt.jsp?u='+encodeUR IComponent(document.location.href)+'t='+encodeURIComponent(document.title)+ ' '"img src="http://images.ientrymail.com/webpronews/furl-pic.png" border="0" Furl/abrbrdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Ql0TOYyb8jM:YX3L0uzViMk:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Ql0TOYyb8jM:YX3L0uzViMk:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=Ql0TOYyb8jM:YX3L0uzViMk:63t7Ie-LG7Y"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=63t7Ie-LG7Y" border="0"/img/a /div

img src=http://images.ientrymail.com/authors/mouse_glass_small.jpg align="right"(UPDATED)Popular live video streaming enabler Ustream has received another $75 million in funding led by #3 Japanese cell service Softbank.brbr Ustream will primarily use the money to expandnbsp; service in Japan, China, Korea and India. /pp style="text-align: justify;"Ustream allows anyone with a camera and a net connection or mobile phone that has web and filming capabilities to broadcast videos quicky and easily to their own channels. The site had 50 million unique users in January, but as the company said in a statement Asia offers an untapped market opportunity for streaming videos. China alone has 700 million wireless subscribers./pstrongUpdate: /strongTechCrunch is reporting that Ustream's a href="http://www.techcrunch.com/2010/02/01/ustream-funding-softbank/?utm_source=feedburneramp;utm_medium=feedamp;utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29amp;utm_content=Google+Reader" target="_blank"funding is really $20 million/a now and the option for $55 million later. Ustream had previously raised $13 million.br / br / a href="http://www.hypebot.com/hypebot/2010/02/ustream-scores-75-million-from-japans-softbank.html" class="bluelink"Comments/abr / br / Tag: a href="http://www.technorati.com/tag/Google" rel=tagGoogle/abr / br / Add to a href="http://del.icio.us/post" onclick="window.open('http://del.icio.us/post?v=4partner=wpnnouijump=clos eurl='+encodeURIComponent(location.href)+'title='+encodeURIComponent(docum ent.title),'delicious','toolbar=no,width=700,height=400'); return false;" class="printMailTop"img src="http://images.ientrymail.com/webpronews/delicious-pic.png" border="0" Del.icio.us/a | a href="javascript:void window.open('http://digg.com/submit?phase=2url='+encodeURIComponent(window. location.href)+'ei=UTF-8','popup','width=520px,height=420px,status=0,locati on=0,resizable=1,scrollbars=1,left=100,top=50',0)"img src="http://images.ientrymail.com/webpronews/digg-pic.png" border="0" Digg/a | a href="javascript:location.href='http://reddit.com/submit?url='+encodeURIComp onent(location.href)+'title='+encodeURIComponent(document.title)"img src="http://images.ientrymail.com/webpronews/reddit.png" border="0"Reddit/a | a href="javascript:location.href='http://www.furl.br / net/storeIt.jsp?u='+encodeUR IComponent(document.location.href)+'t='+encodeURIComponent(document.title)+ ' '"img src="http://images.ientrymail.com/webpronews/furl-pic.png" border="0" Furl/abrbrcentera href="http://aj.600z.com/aj/9395/0/cc?z=1pos=1"img src="http://aj.600z.com/aj/9395/0/vc?z=1dim=9392pos=1" width="500" height="75" border="0"/a/centerdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=WaJ4ES-yS1E:6pUmv3MMMe0:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=WaJ4ES-yS1E:6pUmv3MMMe0:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=WaJ4ES-yS1E:6pUmv3MMMe0:63t7Ie-LG7Y"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=63t7Ie-LG7Y" border="0"/img/a /div

img src=http://images.ientrymail.com/authors/mouse_glass_small.jpg align="right"Sweden's Music Sales Up, Avenera Gets $10M, Oink Goes Free and More. Music Sales Increase In Sweden For First Time Since 2000 - IFPI Sweden are celebrating after new statistics reveal that...brbr...in 2009, music sales were up for the first time in nearly a decade. Digital sales have increased rapidly, with revenues from streaming services such as Spotify increasing impressively. Even physical CD sales showed a modest increase over the previous year. (a href="http://torrentfreak.com/music-sales-increase-in-sweden-for-first-time-since-2000-100117/" class="bluelink"TorrentFreak/a)br / br / bull; Glenn Peoples takes stronganother look at the various 2009 music sales figures /strongand points out that the number that really matters is an overall revenue slump of 10%. (a href="http://www.billboard.biz/bbbiz/content_display/industry/e3ieea0d35bc59ea6b96575f5323874b593" target="_blank"Billboard/a)br / br / bull; strongAvnera raises $10M for audio chips/strong with coolest sound. (a href="http://venturebeat.com/2010/01/14/avnera-raises-10m-for-smart-audio-chips/" target="_blank"VentureBeat/a)br / br / bull; A UK court hasstrong acquitted the admin of music sharing site OiNK /strongof the one and only charge brought against him: conspiracy to defraud copyright owners. (a href="http://arstechnica.com/tech-policy/news/2010/01/oink-founder-free-after-two-plus-years-of-legal-troubles.ars?utm_source=rssamp;utm_medium=rssamp;utm_campaign=rss" target="_blank"ars/a)br / br / bull; stronga href="http://www.hypebot.com/.a/6a00d83451b36c69e2012876ea284e970c-pi" style="float: right;"img alt="image from blueroof.files.wordpress.com" class="asset asset-image at-xid-6a00d83451b36c69e2012876ea284e970c " src="http://www.hypebot.com/.a/6a00d83451b36c69e2012876ea284e970c-120wi" style="margin: 0px 0px 5px 5px; width: 79px; height: 87px;"/a/strongstrongMusic Ally /stronghas a strong five part strongseries exploring metrics for digital music/strong. Interviews include a href="http://musically.com/blog/2010/01/15/metrics-bandmetrics-duncan-freeman/" target="_blank"Duncan Freeman of BandMetrics/a, a target="_blank" href="http://musically.com/blog/2010/01/11/metrics-eric-garland-bigchampagne"Eric Garland of Big Champagne/a; a target="_blank" href="http://musically.com/blog/2010/01/12/metrics-alan-ault-wavemetrix/"Alan Ault of WaveMetrix/a; Marie-Alicia Chang and Gregory Mead of a target="_blank" href="http://musically.com/blog/2010/01/13/musicmetric-marie-alicia-chang-gregory-mead"MusicMetric/a; and Brad Little of a target="_blank" href="http://musically.com/blog/2010/01/14/metrics-brad-little-nielsen-buzzmetric/"Nielsen Buzzmetrics/a.br / br / bull; strongCypress Hill has signed with Priority/EMI /strongand are gearing up for the April 6th release. The deal is the first for new Pirioty Creative Chairmanstrong Snoop Dogg/strong.br / br / bull; How much are strongBillboard and the Hollywood Reporter worth?/strong (a href="http://paidcontent.org/article/419-some-numbers-on-nielsen-sale-of-billboardhollywood-reporter-others-come/" target="_blank"PaidContent/a)br / br / bull; strongMySpace Records reorganizes./strong (a href="http://www.techcrunch.com/2010/01/14/myspace-records/" target="_blank"TechCrunch/a)br / br / a href="http://www.hypebot.com/hypebot/2010/01/more-music-industry-news-2.html" class="bluelink"Comments/abr / br / Tag: a href="http://www.technorati.com/tag/Music+News" rel=tagMusic News/abr / br / Add to a href="http://del.icio.us/post" onclick="window.open('http://del.icio.us/post?v=4partner=wpnnouijump=clos eurl='+encodeURIComponent(location.href)+'title='+encodeURIComponent(docum ent.title),'delicious','toolbar=no,width=700,height=400'); return false;" class="printMailTop"img src="http://images.ientrymail.com/webpronews/delicious-pic.png" border="0" Del.icio.us/a | a href="javascript:void window.open('http://digg.com/submit?phase=2url='+encodeURIComponent(window. location.href)+'ei=UTF-8','popup','width=520px,height=420px,status=0,locati on=0,resizable=1,scrollbars=1,left=100,top=50',0)"img src="http://images.ientrymail.com/webpronews/digg-pic.png" border="0" Digg/a | a href="javascript:location.href='http://reddit.com/submit?url='+encodeURIComp onent(location.href)+'title='+encodeURIComponent(document.title)"img src="http://images.ientrymail.com/webpronews/reddit.png" border="0"Reddit/a | a href="javascript:location.href='http://www.furl.br / net/storeIt.jsp?u='+encodeUR IComponent(document.location.href)+'t='+encodeURIComponent(document.title)+ ' '"img src="http://images.ientrymail.com/webpronews/furl-pic.png" border="0" Furl/abr / brbrdiv class="feedflare" a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=grp-FaGQ2mc:qWnlU-d_5sU:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=grp-FaGQ2mc:qWnlU-d_5sU:7Q72WNTAKBA"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=7Q72WNTAKBA" border="0"/img/a a href="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?a=grp-FaGQ2mc:qWnlU-d_5sU:63t7Ie-LG7Y"img src="http://feeds.feedburner.com/~ff/IFN_financialblogtalk?d=63t7Ie-LG7Y" border="0"/img/a /div