Virtual economy

  1. Smule's Rap Battle Builds on Idea of Social Music

    January 16, 2014 4:54 PM EST Music has always had a strong social component, and it's only in modern times that it has developed as a sometimes solitary and passive media. Smule and its quirky chief executive, Jeffrey Smith, are determined to change that. The San Franci ...

  2. Zynga COO Leaves Company

    August 08, 2012 8:50 PM EDT Two weeks after Zynga reported lousy quarterly financial results, sending its stock price into a tailspin, the company has revealed in a regulatory filing that COO John Schappert is resigning as an executive and board member. News of Schappert ...

  3. Business Matters: Is the Luster Off Social Media?

    July 31, 2012 5:35 PM EDT Is the Luster Off Social Media? -- Social media doesn't look as sexy as it did in 2011. Fortunately, investors are not punishing companies just for being affiliated with Facebook. Facebook hit a new all-time low of $21.61 on Tuesday. It was a ...

  4. Facebook's Dan Rose Talks Music, App Economy, Skrillex @MIDEM Keynote Q&A (VIDEO)

    January 31, 2012 8:23 AM EST Watch live streaming video from midem at livestream.com In just four months, Facebook has become a major player in music streaming. Since the launch of Facebook Music in September, the social-networking giant has helped Spotify skyrocket to over 3 ...

  5. Zynga, Online Game Maker, Prices Today's IPO at $10 a Share

    December 16, 2011 7:45 AM EST NEW YORK (AP) - Zynga is poised to harvest some cold hard cash in its initial public offering. Who knew that selling virtual cows and digital corn on Facebook would create a $7 billion company? The online game developer best known for "FarmVi ...

  6. Michael Buble, Zynga Partner for CityVille Integration

    December 15, 2011 9:46 AM EST NEW YORK - Ahead of its IPO, which is scheduled to see its stock starting to trade on Friday, social gaming giant Zynga said Wednesday that its biggest game, CityVille, will run an integration with singer Michael Buble just in time for the holiday ...

  7. Business Matters: Is it Curtains for HP's Planned Music Service?

    August 19, 2011 5:56 PM EDT Is it Curtains for HP's Planned Music Service? -- Hewlett-Packard's new transformation plan puts a big question mark over its planned music service. As Billboard.biz reported back on June 10, Hewlitt-Packard had been in negotiations with ...

  8. Twitter Nearly Doubles In Value to $7 Billion in Seven Months

    July 06, 2011 7:33 AM EDT NEW YORK - While other hot Internet companies have gone public, Twitter is privately raising hundreds of millions of dollars in a new financing round that values the company at as much as $7 billion, the Wall Street Journal reported Tuesday. It sa ...

  9. Zynga Files for IPO, Lifts Veil On Financial Performance

    July 01, 2011 2:50 PM EDT Online gaming company Zynga filed for an initial public offering on Friday (July 1) following days of expectations the company was preparing a bid to sell its shares on the public market. The company's S-1 filing puts the estimated amount to ...

  10. Zynga to File for IPO: Report

    May 25, 2011 7:19 AM EDT Zynga is set to file for its initial public offering as early as this week, All Things Digital reports. It would be the latest in recent IPOs of several Internet companies, including LinkedIn and Russian search giant Yandex. Zynga's valuation ...

  11. Best Buy To Give Away Free Lady Gaga Album to Smartphone Buyers

    May 19, 2011 4:58 PM EDT reported last week, the artist teamed up with online video game giant Zynga http://www.billboard.biz/bbbiz ...

  12. Lady Gaga and Zynga; WMG and New Boyz Eye Social Gaming Strategies

    April 21, 2011 2:21 PM EDT News is breaking today about a pair of new social media efforts designed to merge the popularity of social games with music acts. The Wall Street Journal leads with a report that Lady Gaga and Zynga are discussing some sort of collaboration design ...

  13. Zynga Unveils Rewards Program

    March 15, 2011 1:45 PM EDT Social game powerhouse Zynga officially debuted its rewards program for all games on its platform today, allowing users to earn credits that can be spent on virtual goods. Called RewardVille (sticking with the naming convention behind such hits as ...

  14. Attendance Booms At Amsterdam Dance Event

    October 25, 2010 12:00 AM EDT Organizers of the Amsterdam Dance Event say this year’s edition hit new heights of attendance, with the event selling out for the fourth successive year. In total, 2,500 delegates from 58 countries attended the event, which doubles as a trade conf ...

  15. Jackson Estate Licenses Virtual 'Planet Michael'

    September 21, 2010 12:00 AM EDT The man who made the moonwalk famous will soon be getting a planet of his own. The Michael Jackson estate has entered a licensing deal with a Los Angeles company that will create an online virtual world based on the King of Pop called "Planet ...

  16. Users Eye Virtual Goods Tied To Brands

    August 20, 2010 12:00 AM EDT Virtual worlds may not have panned out as the cyber concert venues they were originally touted to be, but there’s still money to be made in selling virtual goods within today’s social networks. Snoop Dogg, for instance, has made $200,000 selling h ...

  17. New Social Gaming Opportunities Emerge For Music Industry

    July 13, 2010 12:00 AM EDT Social gaming on Facebook is a growing trend that is slowly starting to see more opportunities for the music industry. The most recent development is the official launch of Nightclub City, a game that lets users oversee virtual live music settings ...

  18. Facebook To Close Virtual Gifting Service

    July 09, 2010 12:00 AM EDT Facebook is shuttering its virtual gifting service, which among many other items for a time included music. The Facebook Gift Shop closes Aug. 1, according to a company blog post , saying the move is to help “focus our product development efforts” ...

  19. 'Idol' Goes Virtual Via Habbo

    January 15, 2009 12:00 AM EST "American Idol" is about to enter the virtual-world space - can a Sanjaya avatar be far behind? On Jan. 30, the Fox ratings juggernaut will launch an "Idol"-branded locale within Habbo, one of a handful of increasingly popular ...

  20. Pruitt To Sell Virtual Clothing Line Via Zwinky

    August 21, 2008 12:00 AM EDT Jordan Pruitt will sell a line of virtual clothes this fall in Zwinky , a virtual world for young girls. The singer/songwriter will also perform in New York's Time's Square for the launch of Zwinky Cuties, an offshoot of Zwinky. The virt ...

  21. Second Life Co-Founder Starts New Life With EMI

    June 09, 2008 12:00 AM EDT EMI Music has hired Cory Ondrejka, co-founder of Linden Lab, creator of the Second Life virtual world, to push forward the music company's digital strategy. Ondrejka, who will be based in L.A., is tasked with drive innovation around new reven ...

  22. EMI Partners With Teen-Focused Virtual World

    July 25, 2007 12:00 AM EDT EMI continues its music licensing blitz across the digital landscape -- this time partnering with teen-focused virtual world Habbo Hotel to promote the upcoming compilation album "Now 67." Members can preview and comment on the album by ...

  23. There.com, Capitol Enter Virtual Pact

    June 28, 2007 12:00 AM EDT There.com, an online virtual world aimed at teens and 20-somethings, has partnered with Capitol Music Group to host a series of "live" appearances in the world where users can interact with their favorite music artists, including the Bea ...

  24. Incentive Launch Second Life Office

    June 22, 2007 12:00 AM EDT U.K. dance music company the Incentive Music Group has set an office in virtual online world of Second Life. The London-based operation -- run by Nick Halkes who set up XL Records and developed EMI's Positiva Records dance label -- believes S ...

  25. Second Life's Winning Business Plan

    February 20, 2007 12:00 AM EST Virtual world Second Life is getting serious about business. It recently held a contest to find the company with the best business plan for operating within the popular online "game." The winner, Market Truths , developed a market resear ...

  26. Habbo Hotel Checks In With RealAmplify

    December 13, 2006 12:00 AM EST International virtual online community Habbo Hotel has installed a branded Internet radio station operated via RealAmplify, a plug-in technology supplied by digital-entertainment service provider RealNetworks Inc. Subscribers to Habbo Hotel are kn ...

  27. China To Test Timing System On Videogames

    August 30, 2005 12:00 AM EDT Online gamers in China may soon have their fun cut short if a new timing system set to be tested in October becomes part of a mandatory software standard expected from the government later this year. BEIJING (The Hollywood Reporter) -- Online game ...

  28. Promoter's Case Vs. Clear Channel To Go Forward

    April 07, 2004 12:00 AM EDT Judge finds evidence of monopoly attempt. Judge finds evidence of monopoly attempt. News ...