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In a new funding round led by Menlo Ventures and Balderton Capital, an amount of $9.5 million has been raised by the music blogging network MOG, which recently introduced an all-encompassing streaming service.

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The Federal Trade Commission (FTC) announced settlement between Ticketmaster Entertainment Inc. and its affiliates, who were earlier charged with practicing misleading strategy for selling event tickets to 14 Springsteen concerts in 2009. According to the settlement, the consumers who bought the tickets for high prices would get refund for the expenses.

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Speaking at the opening session of the Television Critics Assn. press tour in Pasadena on Saturday, CBS' entertainment chief, Nina Tassler, said that rival channel NBC's last year decision to move comedian Jay Leno to 10 p. m.

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Tuesday saw the unveiling of a new 'KeyChest' "enabling technology" by the Walt Disney Co, which said that the technology will essentially allow consumers to buy or rent films from different distributors, store them on remote servers, and instantly view them on a multitude of platforms - including TVs, computers, and phones.

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Rotten Tomatoes, the movies review website, has been sold by News Corp to Flixster, which collects user reviews for its various website and mobile applications.

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Former Illinois Gov. Rod Blagojevich will now be seen in the latest season of "The Celebrity Apprentice" among 13 other contestants. The Donald Trump hosted show will be on air by March 14 on NBC.

He was not allowed to participate on I'm a Celebrity ... Get Me out of Here! Due to his inability to leave the country for the show.

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Despite the fact that News Corp and Time Warner Cable have managed to settle their very bitter and public dispute over fees to be paid with an agreement on New Year's Day, various questions are still irking cable television viewers across the nation.

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The British Competition Commission on Tuesday cleared the way for the merger of Ticketmaster Entertainment and world's biggest concert promoter Live Nation, dropping its earlier decision.

Earlier in October, the merger watchdog had ruled that the $2.5 billion merger of Ticketmaster and Live Nation would prove to be anti-competitive. 

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Comcast Corp has decided to launch its Web TV Service, and with the Fancast Xfinity, all the subscribers of Comcast can easily watch their favorite cable shows online. Initially only the subscribers of the high-speed internet service of Comcast will be able to watch the shows, but within a few months alternatives will be made for customers who don't have that internet connection.

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In a development which many believe is a signal of Apple's expansion of its already massive music strategy, the company has acquired the online music platform Lala Media Inc. Financial details and other terms of the deal have not been disclosed yet.

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Cepia's cute and furry robotic hamsters, marketed as Zhu Zhu Pets, promise to not "poop, stink or die" and have been branded the holiday season's hottest toys which are actually disappearing off shelves.

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The Canadian Radio-television and Telecommunications Commission is meeting this week to discuss the proposed fees which big Canadian networks want to charge to smaller cable and satellite companies for carrying their signals. The meeting will be chaired by CRTC head Konrad von Finckenstein, and might just change the face of the Canadian television services.

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