M+E News Headlines

Best Buy Co., the world’s largest consumer electronics retailer, reported second-quarter profit that trailed analysts’ estimates and cut its full-year earnings forecast as sale... More

In a victory for the financially troubled recording industry, the European Union on Monday extended the term of copyright on sound recordings to 70 years from 50, while declining t... More

The Righthaven saga continues. Recall that the controversial copyright enforcer last week begged a federal court to lift a $30,000 fee award, saying the payment could force it into... More

Amazon.com Inc. is talking with book publishers about launching a Netflix Inc.-like service for digital books, in which customers would pay an annual fee to access a library of con... More

With the price of entry now at $250 for a 160GB PlayStation 3, many anticipated that the system would see a resurgence in sales throughout August, a surge that could continue throu... More

HMV is seeing little signs of an improvement in its business, as the decline in CD and DVD sales continues. The retail group said at its annual meeting that total sales in its shop... More

With the iPhone 5′s October launch fast approaching, you’d expect demand for the iPhone 4 to be waning. Why invest in a smartphone that’s over a year old now, when you can wa... More

A website called NinjaVideo is the latest target of “Operation in our Sites,” the federal government’s aggressive campaign against movie-sharing websites. In an indictment ha... More

One major factor in the decline was the delayed release of “Madden NFL 12” from Electronic Arts Inc. The title, which generally pulls in hundreds of millions of dollars in sale... More

Although the service remains in invite-only beta, Google has expanded the functionality of its Google Music locker service to support Apple-made devices. The update means users can... More

Several of Microsoft’s online services suffered an outage last night but are reportedly all back up at this point. The company’s Office 365, Hotmail, SkyDrive, and various Win... More

With the big boys of tech all eyeing cloud storage, do the start-ups really think they can compete? Well, surprise, surprise, they think they can....... More

What’s the number-one priority for UK publishers in the next 12 months? Tablets, according to their Association of Online Publishers’ (AOP) annual Content & Trends Census..... More

For the past few months, few things on the web have been hotter than Turntable.fm. The Stickybits pivot got so hot, so fast, that a “trough of disillusionment” was inevitable �... More

Andy Mooney, the executive credited with revitalizing Walt Disney Co.’s licensing business, unexpectedly resigned as chairman of its consumer products division, saying that he pl... More

Hulu’s corporate owners are currently mulling bids from three would-be buyers: Amazon, Yahoo, and the Dish Network. And then there’s Google. The search giant has also made an o... More

Digital music service Spotify chose Carpathia for colocation and managed hosting for the launch of its service in the U.S....... More

[T]he summer has marked a major pullback in the amount of content that is available, as well as a major change in the way it’s licensed, priced, accessed and paid for. But more i... More

The Weinstein Company (TWC) announced today that Tom Quinn and Jason Janego have joined forces with TWC Co-Chairmen Harvey and Bob Weinstein to create a new TWC label to bring new ... More

We’ve received a word from several sources that GameStop will soon begin offering the entire lineup of Apple’s popular iOS mobile devices such as iPhones, iPods and iPads at th... More