-- Online video firm SplashCast, which counted Sony Music Entertainment as a client, has closed its doors, citing the inability to raise another round of financing to continue operations. (Portland Business Journal)

-- Changes ahead for "Scratch: The Ultimate DJ" videogame, which is vying with "DJ Hero" for the expansion of music games into hip hop. The game has a new developer, Commotion Interactive, after its former developer was acquired by rival Activision. As a result, the game is delayed until "early 2010" and will feature some new visual features as well. (Joystiq)

-- ARTISTdirect is suspending all reporting obligations to the Securities and Exchange Commission and expects registration of its common stock will end in three months. The company said the move was an effort to save money by redirecting the expenses associated with SEC reporting and compliance to business operations. (Release)